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Lido Finance is observing a continuous rise in TVL since the fall of FTX in NOV 2022. - 2
LDO price bulls are not favoring an upside trend in price. It has seen a loss of $2.8% in the intraday session
Lido Dao is a liquid staking solution for Ethereum which gained popularity among users for no minimum deposit. It also gives users a way to participate in the on-chain activities without maintaining the infrastructure needed. Lido was launched as a staking platform in Dec 2020 with a 1 Billion supply of LDO tokens. Meanwhile, currently, 87.9% of the total …
Source: https://www.thecoinrepublic.com/2023/06/01/ldo-tvl-2x-since-ftx-collapse-ldo-price-lags-behind/