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Lido Registers Highest TVL In DeFi: LDO Rallies 15%

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Lido Finance ’s native LDO token is currently the top gainer in the cryptocurrency market. It was up by 15% on the daily and was trading at $1.15 at press time. Retrospectively, the market cap of the 39th-ranked token improved to $943.7 million. Source: CMC Also Read: DeFi-Related Financial Crime Will Be Assessed: FinCEN Acting Director Meanwhile, the total DeFi market cap is also recovering on Monday. On the short time frame charts, back-to-back green candles were registered. The aggregate valuation of all DeFi tokens went to hit $31.299 billion earlier today. Post a slight retracement, it stood at $31.22 billion at press time. Source: TradingView Also Read: Binance’s CZ Tweets About Bitcoin “Brain Wallets”: What Are They? The community has been quite excited about the latest feat achieved by Lido Finance . The Total Value Locked on the protocol recently claimed $5.98 billion and overtook Maker. As a result, Lido currently boasts the highest individual TVL in the D...