ambcrypto.com: Will Lido’s AUM grow past the $1 billion mark?

Journalist

Posted: November 12, 2023

• Lido’s AUM is expected to cross the billion-dollar mark.
• Though activity on the protocol declined, new developments may aid growth.

Lido [LDO] has been the most dominant liquid staking solution in the DeFi space for the longest period of time. Due to the rising interest in staking over the past few months, Lido has been able to see large growth.

High hopes

According to Token Terminal’s data, Lido’s AUM could exceed $10 billion in the coming market…