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![hohawdong Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1501695665520447491.png) Haw Dong - 昊東 🇲🇾🇭🇰 [@hohawdong](/creator/twitter/hohawdong) on x XXX followers
Created: 2025-07-23 05:01:40 UTC

For #Lido staking, X ETH = X stETH, where stETH is the derivative token that allows you to receive daily yields in ETH. 

At the moment $stETH is slightly depeg with ETH, due to the raise of borrowing + interest of ETH in #AAVE & other defi protocol. Loopers, aka, individuals who repeatedly borrow ETH and stake ETH to lido are in a loss. 

On the bright side, if you believe stETH is here to stay, this might be one of the best arbitrage opportunities during the bull market.

![](https://pbs.twimg.com/media/GwhFxtCb0AABBQL.png)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947884799588503648/c:line.svg)

**Related Topics**
[lido](/topic/lido)
[protocol](/topic/protocol)
[token](/topic/token)
[steth](/topic/steth)
[staking](/topic/staking)
[dong](/topic/dong)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/hohawdong/status/1947884799588503648)