Lido Finance: A-Z of how the liquid staking platform fared in the last 2 weeks

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LidoFinance: A-Z of how the liquid staking platform fared in the last 2 weeks

As for its stETH/ETH liquidity pool on Curve Finance, Lido suffered a decline as a result of the market turbulence triggered by the collapse of the leading cryptocurrency exchange FTX., in the last 14 days, in the liquidity pool, ETH composition fell by 58% while stETH composition declined by 29%. This led to a 56% drop in the pool’s TVL in the last two weeks.

, LDO traded at $1.14 as of this writing, with a 9% price growth in the last 24 hours. Within the same period, its trading volume was up by 14%.Subscribe to get it daily in your inbox.

 

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