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Lido Finance Attains Highest TVL Among DeFi Platforms

Ayush Pande
Written by:
Ayush Pande
Reviewed by:
Ayush Pande
Lido Finance Attains Highest TVL Among DeFi Platforms
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Cryptocurrencies can be volatile and high risk. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn more about our Risk Warning and Our Editorial Process.

Crypto staking platform Lido Finance recorded the highest Total Value Locked (TVL) among DeFi protocols.

Data from DeFiLlama revealed that Lido’s TVL hit $5.98B in the last 24 hours, thus surpassing the TVL of MakerDAO and Aave.

Similarly, statistics from Dune Analytics showed that Lido manages the majority of Ethereum (ETH) validator nodes, with the platform controlling 29.12% of the staked ETH market share. 

Lido also holds the highest amount of Ethereum assets locked in its platform. As of writing, the staked Ether tokens on Lido’s platform amount to $5.86B. Lido holds the remaining $84.36M as staked Solana (SOL), Polygon (MATIC), Kusama (KSM), and Polkadot (DOT) assets.



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Furthermore, Lido DAO’s native token, LDO, has seen an uptrend in its prices over the last 10 days. LDO is currently valued at $1.15, up by 14.9% within the past 24 hours.

How we reviewed this article

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