Cryptoknowmics
2023-01-02 10:31:32

Lido Finance Surpasses MakerDAO and Currently has Highest TVL in DeFi

According to its current ranking among other decentralized finance (DeFi) protocols, Lido Finance, a liquid staking protocol, looks to have profited the most from the September Ethereum merger. Lido now has the highest TVL of any DeFi protocol. pic.twitter.com/2xsM3lVGVl — Patrick | Dynamo DeFi (@Dynamo_Patrick) January 1, 2023 Lido Finance Overtakes MakerDAO in TVL DeFiLlama data shows that Lido Finance liquid staking protocol currently controls $5.9 billion in TVL, surpassing MakerDAO’s $5.89 billion and AAVE’s $3.7 billion. On Jan. 2, there was $5.8 billion worth of ether staked, according to the Lido Finance website. Around $23.2 million was bet on The post Lido Finance Surpasses MakerDAO and Currently has Highest TVL in DeFi appeared first on Cryptoknowmics-Crypto News and Media Platform .

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