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DeFi Protocol Lido investors withdraw $2.5bn in Ether from sta | DeFi & Ethereum News

DeFi Protocol Lido investors withdraw $2.5bn in Ether from staking giant as rivals circle

In a sign that new rivals are gobbling up Ether, Lido’s share of the multibillion-dollar staking market on Ethereum fell to a two-year low this month as deposits plummeted. Since March 1, investors have withdrawn around 800,000 Ether deposited in Lido, which is worth about $2.5 billion, according to DefiLlama data. In the last 30 days, it has lost more Ether than any other staking service. Lido’s share of the staking market has fallen from about 32% in November to just under 29%.

Source

https://t.me/DeFi_Ethereum