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In July, Lido TVL reached a new high of $15 billion, the highest since May 2022.
2023-08-07 09:52
Odaily News: Lido released its July data report, stating that the total TVL exceeded $15 billion in July, reaching the highest level since May 2022.



The Lido team also pointed out that despite the launch of the staked ETH withdrawal feature earlier this year, the protocol has consistently seen a significant net inflow of ETH deposits each month. "Due to this sustained growth, it appears that the amount of staked ETH in the protocol is expected to exceed 8 million next month."



Furthermore, Lido claims that over 10,000 new stakers have chosen to use the protocol for the first time, indicating a significant increase in adoption, with an increase of over 50% compared to the previous month. (The Block)