The finance division of the SEC companies published a staff press release on Tuesday, declaring that the protocols to lay down properly structured liquids and their reception tokens do not generally constitute securities under American law.
This clarity has led to modest increases in the prices of tokens and the activity of the protocol. The Lido governance token, LDO, increased by around 4.5%, from $ 0.88 to $ 0.92, before retiring to support. Similarly, the ROCket Pool RPL token climbed 10.5%, reaching $ 7.28 compared to $ 6.59, also before giving up gains.
Defilma data reveal that TVL TVL on TVL of liquid amounts to around $ 67 billion, with Lido dominating at $ 31.7 billion, now a 47%market share. Despite the action of tokens’ prices, the entries of the implementation protocols remained stable, without significant change in the rotation of capital.
Liquid ignition tokens and governance tokens linked to decentralized ignition platforms have experienced a measured positive response. Coindecko and Defillama data indicate a modest ascending movement, with several tokens increasing between 5% and 10%.
Rather than triggering a torrent of entries, the clarification of the dry seems to have established a reference confidence. The decision strengthens confidence in the models of decentralized clearing that have previously fallen into a regulatory gray area.
Clarification of the SEC was quickly praised in cryptographic legal circles. Rebecca Rettig, which is part of Jito’s legal team, wrote on X that it was a “real team effort through ecosystems” and has suggested that liquid shymaker tokens could be seen in ETFs.
Lido’s legal director Sam Kim added: “This is a big victory for stakers because they can now participate in a stagnation, benefit from liquidity, while maintaining the property of their dotted assets.”
Regulatory clarification could lead to a wave of institutional capital, especially since the breed DEFI to capture the best continuous performance to warm up.
