The Ethereum (ETH)-based decentralized finance (DeFi) platform Lido DAO (LDO) has surpassed Maker (MKR) in terms of Total Locked Asset (TVL).
While the number of assets locked on the Lido DAO has increased day by day, significant increases have been seen on the LDO price. According to data provided by DeFiLlama, in Lido’s liquid staking protocol, MakerDAOof $5.89 billion and AAVE TLV of 3.7 billion dollars compared to the current $5.9 billion It has TVL.
As of January 2, according to the official website of Lido Finance 5.8 billion USD worth of Ethereum staked. With this wither‘in (LEFT) approximately $23.2 million, polygon‘in (MATIC) 43.9 million dollar polkadotin (DOT) $11 million in locked assets is located.
When the data of November 2022 is examined, on the Lido in a 1-month period 1 million dollar new stake appears to have been done. In comparison, MakerDAO announced in September 2022 that revenues hovered around $4 million in the third quarter, compared to the previous quarter. 86%He stated that there was a decrease of .
Rise in Native Token
Ethereum, in particular, is the platform that allows users to stake their assets in a decentralized way. The Merge LDO, which attracted great attention after the update, has seen significant increases and volume inflows in recent weeks in parallel with this interest. According to analysts, it is an important resistance level. breaking LDOin a day $1,268 up to the band.
According to analysts, the reason for the rise on LDO is that the platform is more compared to other staking platforms. a profitable return due to its submission.
CoinGecko According to the data of LDO in the 24 hour time frame 13% rose and at the time of writing the news from $1.15 traded in the markets.