Inventory of 10 LSDFi projects with low market capitalization: looking for new undervalued opportunities

Investors are looking for projects with low market capitalization and high potential, in order to obtain rich returns in this emerging sector.

**Written by:**Nikyous

Compilation: Deep Tide TechFlow

LSD and LSD-fi are once again the hot narrative. Investors are looking for projects with low market capitalization and high potential in order to obtain rich returns in this emerging sector. In this article, researcher Nikyous will introduce 10 undervalued LSD-fi tokens that have huge potential in the market and deserve investors’ attention.

LybraFinanceLSD

$LBR offers $eUSD, the first interest-bearing full-chain stablecoin. TVL - $242M, Market Cap - $43M, Market Cap/TVL - 0.17.

Features:

• Supported by LSD;
• 1:1 hard hook;
• 0 minting/loan fees;
• About 8% basic annualized rate of return.

ZeroLiquid

$ZERO will provide self-repaying loan functionality through LSD tokens.

Additionally, their loan features:

• 0% interest;
• No liquidation risk.

You simply deposit your LSD tokens, such as $stETH, as collateral for a loan, and as your LSD generates income, they will pay back your loan.

unsheth

$USH has only one goal → decentralization through incentives.

They offer higher yields to smaller validators, higher yields to stakers, $ETH becomes more decentralized, think of it as a yield aggregator that prioritizes decentralization.

AcidDAO

$ACID is designed to optimize returns on LSD tokens such as:

• $stETH;
• $rETH;
• $frxETH

Wait, it provides much higher LSD asset returns than the 4-5% annualized rate of return. $ACID holds LSD assets and earns real income from $ETH nodes.

Flashstake

$FLASH allows you to get instant prepaid income. Usually, you need to wait 365 days to get 4-5% annualized $ETH. With $FLASH, you get it instantly by locking up your stake.

They support:

• $stETH;
• $sUSD;
• $GLP;
• $rETH coming soon.

Agility Protocol

$AGI is both aUSD trading platform and LSD liquidity distribution platform.

The goal of Agility Protocol is to help LSD projects increase initial liquidity - LSD/ETH. They offer different strategy vaults for various income strategies.

LSDx Finance

$LSD currently offers two products:

• ETHx: a basket of LSD that allows for quick conversions;
• UM: Sovereign bond-backed stablecoin based on $ETH staking returns.

It is the hyperliquid protocol for all LSDs.

SharedStake

$SGT is a decentralized staking solution that allows users to stake $ETH and earn additional yield on top of ETH2 rewards. If you hold their NFT, you can also APR in LSD, they are the first project to do so.

• TVL - $29 million;
• Market capitalization - 2 million USD; *Market Cap/TVL - 0.069.

Parallax

$PLX is a liquidity layer infrastructure that powers DeFi participants, DAOs, and protocols. It mainly consists of 4 components:

• Orbital - yield optimizer;
• Andromeda - multivariate returns;
• Supernova - powers LSDfi;
• Black Hole - Liquid market.

Origin

Upcoming newcomers to LSD. They already have $OUSD - a yield generating stablecoin. Additionally, they plan to launch $OETH - $ETH that accumulates value from:

• $LDO;
• $FRAX;
• $RPL;
• $CRV;
• $CVX.