frominformation of DeFiLlama found that Lido Finance currently has $5.9 billion in locked funds, or TVL, followed by MakerDAO and AAVE in second and third place with $5.89 billion and $3.7 billion TVL, respectively.
Lido’s rise in TVL is a result of the huge increase in demand for Ethereum stake solutions.
According to Nansen, Lido currently holds about 31% of ETH, a significant share compared to the shares of major crypto exchanges including Coinbase and Kraken, which hold 15% and 8.5% respectively.
according to informationwebsiteThe official protocol found that Lido Finance currently has around $5.8 billion of Ether staked. On the other hand, there are roughly $43.9 million of ETH staked on Polygon, $23.2 million on Solana, $11 million on Polkadot, and $2.2 million on Kusama.
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