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Since the Shanghai upgrade, approximately 8.9 million ETH have been locked in the Ethereum LSD protocol

Since the Shanghai upgrade, approximately 8.9 million ETH have been locked in the Ethereum LSD protocol

CointimeCointime2023/12/03 17:42
By:Cointime

According to data released by Layer2Gather, approximately 8.9 million ETH has been locked in Ethereum's Liquidity Staking (LSD) protocol since the Shanghai upgrade. Lido Finance holds about 86.04% of the market share with a TVL of 20.1 billion US dollars. It is worth noting that the amount of ETH flowing into Lido has increased significantly in the past three months, reaching about 1.11 million, while Blast accounts for 25.2% of this surge, which is about 280,730 ETH.

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