🚀 Lido's total value locked (TVL) crosses $15 billion milestone! 🎉
- Lido, a popular liquid-staking platform, saw over 10,000 unique ether (ETH) depositors in July, contributing to a TVL of $15 billion.
- The number of unique ether depositors surpassed 166,000, a 6.66% increase in the past month.
- However, staked ETH (stETH) in DeFi liquidity pools dropped by 53% to about 161,000.
- This decrease is largely due to uncertainty surrounding the recent Curve Finance hack, which lost over $73 million.
- Despite the drop in stETH in DeFi pools, demand remains strong for lending protocols and layer 2 rollups.
What do you think about Lido's growth and the future of liquid staking? Share your thoughts in the comments below! 👇