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Lido TVL or total value locked, toppled over to new high lows seen in the third week of this month following the bearish movement of the DeFi market. LDO has shaved off over 58% of its TVL, which registered an all-time high of $20.4 billion on April 6 but dropped down to roughly $8.6 billion on May 22.
Lido (LDO) total value locked (TVL) fell to new high lows in the third week of May due to the bearish trends of the decentralized finance (DeFi) market. The post Lido (LDO) Crashes $11 Billion in Total Value Locked (TVL) appeared first on BeInCrypto.
One of the biggest DeFi platforms in the world might not accept the "new" Terra
Singapore-based exchange giant Crypto.com is adding two small-cap altcoins to its roster amid a market-wide slump. First up is Lido DAO (LDO), the governance token of decentralized staking platform Lido Finance which offers staking solutions across several popular blockchains. Lido's decentralized autonomous organization (DAO) grants holders of the Ethereum (ETH)-based token voting rights on project […] The post Digital Asset Exchange Crypto.com Lists Two Low-Cap Altcoins As Crypto Markets Search for Support appeared first on The Daily Hodl.
Earlier on today, Wu Blockchain tweeted that the ETH/stETH has seen many users exchanging their stETH into ETH. However, Lido Finance maintains that the stETH/ETH pool is still safe.
The world's largest crypto exchange is adding a decentralized staking platform to its roster of assets. In a new announcement, Binance says it's listing Lido DAO (LDO), the governance token of Lido Finance which offers staking solutions across several popular blockchains. Lido's decentralized autonomous organization (DAO) grants holders of the Ethereum (ETH) token voting rights […] The post Binance To List Andreessen Horowitz-Backed DeFi Altcoin Built On Ethereum Amid Crypto Market Collapse appeared first on The Daily Hodl.
On Monday (May 9), the world's largest crypto exchange by trading volume, announced its plan for $LDO, the Ethereum-based token that grants governance rights in the Lido DAO. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their […]
Second biggest DeFi platform's governance token is now listed on top-tier exchange
Ethereum staking token Lido DAO (LDO) jumped nearly 30% in an hour after Binance said it will list the token on Monday. LDO will be available to trade in LDO/BTC, LDO/BUSD, and LDO/USDT pairs starting at 11:00 UTC.
Lido Finance has reached the level of total value locked (TVL) of $19.52 billion, thus surpassing its competitor Curve ($19.3 billion). Anchor Protocol, MakerDAO, and Aave are other DeFi projects from the Top-5 leaders according to their TVL.
After today, Lido's smart contracts hold more assets than the top decentralized exchange Curve Finance. The post Lido Finance overtakes Curve to become the biggest DeFi protocol by TVL appeared first on The Block.
Lido Finance, a liquid staking solution for ETH 2.0, has emerged as the DeFi protocol with the highest trading volume, according to data from TVL aggregator for DeFi, DeFiLama. LidoFinance's trading volume hit $19.52 billion, as 7-days consecutive value remains bullish.
