Lido faces three-year low in Ethereum staking market amid stETH depeg turmoil

Lido’s once-dominant presence in the Ethereum staking market has fallen to a three-year low, with its share declining to 25%. This drop coincides with a prolonged depegging of stETH, the liquid staking token issued by the platform. Lido’s declining market share On July 24, Tom Wan, head of data at Entropy Advisors, cited data from […]