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Lido DAO Outsmarts All Other Protocols With Its High TVL of $5.9B

Published 2023-01-03, 02:51 a/m
© Reuters.  Lido DAO Outsmarts All Other Protocols With Its High TVL of $5.9B

  • LDO tops all other DAOs by achieving more than $5.9 Billion TVL.
  • Lido’s market has been controlled by bulls which have pushed it up to 1.24.
  • Major indicators show that LDO upswing is set to continue.

Data from DefiLlama indicates Lido Dao has surpassed Marker DAO to become the top DAO with a total TVL of 5.9 Billion. ​​The TVL figure for Lido Finance (LDO), the liquidity staking protocol, has surpassed the Marker-established 5.8 billion mark in the last 24 hours. The dApp outperformed most of its rivals thanks to an increase in tokens staked, taking first place.

The post Lido DAO Outsmarts All Other Protocols With Its High TVL of $5.9B appeared first on Coin Edition.

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