Liquid Staking Leader Lido Upgrades to Second Version on Ethereum

May 15, 2023

Commanding about nearly 80% market share of liquid staking derivatives on Ethereum, per blockchain analytics firm Nansen, Lido has already withdrawn more than 278,000 ETH at press time, making the staking giant the fourth largest entity by ETH withdrawals, trailing crypto exchanges – Kraken, Coinbase and Binance.

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