Lido Finance’s liquid staking platform saw massive growth in November, with over $20 billion locked in, driven by the launch of version 2.
Staked ETH increased by 5.17%, and unique stakers surpassed 200,000, but concerns arose about Lido’s 77.27% market share in liquid staking.
Lido Finance (LDO), a prominent player in the liquid staking ecosystem, has made headlines with its outstanding performance in November 2023. The DeFi project’s total value locked (TVL) increased by 18.61% since October, breaking the $20 billion barrier. 
The successful release of Lido’s version 2, which enabled users to convert their staked Ethereum (stETH) back to Ethereum (ETH) and boost staking trust, is responsible for this spike in TVL. Furthermore, the double-digit price increases of Ethereum in November greatly boosted the deposited monies’ USD worth.
Staking Records Broken
The noteworthy increase in staked ETH in November was one of Lido Finance’s noteworthy accomplishments. With 5.17% more

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/lido-finance-hits-20-billion-tvl-milestone-defis-rising-star-of-2023/?utm_source=rss&utm_medium=rss&utm_campaign=lido-finance-hits-20-billion-tvl-milestone-defis-rising-star-of-2023