Lido Finance Attains Highest TVL Among DeFi Platforms

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Lido Finance; Photo Source: Lido

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.

Written by
Ayush Pande

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.



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


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.

Written by
Ayush Pande