Lido's Total Value Locked Exceeds $15B and More Than 10,000 New Ethereum Stakers
Lido, the Ethereum staking protocol, has seen its total value locked surpass $15 billion for the first time since May 2022. The protocol has consistently experienced large monthly net inflows of ETH deposits, and it is expected to surpass eight million staked Ethereum next month. Lido has also witnessed remarkable adoption, with over 10,000 new stakers using the protocol, an increase of more than 50% compared to the previous month.
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Lido's Total Value Locked Exceeds $15B and More Than 10,000 New Ethereum Stakers
Lido, the Ethereum staking protocol, has seen its total value locked surpass $15 billion for the first time since May 2022. The protocol has consistently experienced large monthly net inflows of ETH deposits, and it is expected to surpass eight million staked Ethereum next month. Lido has also witnessed remarkable adoption, with over 10,000 new stakers using the protocol, an increase of more than 50% compared to the previous month.