$LDO : 41 billion TVL, controlling the Ethereum staking trend
By 2025, Lido has become the largest liquid staking protocol on Ethereum, with a TVL nearing 41 billion USD, accounting for 26% of the entire DeFi ecosystem, firmly maintaining its dominant position in the industry.
Its core asset stETH is rapidly penetrating the DeFi ecosystem:
1. Lending protocols like AAVE support stETH as collateral for loans, releasing liquidity.
2. Stable pools like Curve provide stETH trading pairs, enhancing trading depth.
3. An increasing number of applications accept stETH as a means of payment or collateral, making it a core value carrier in DeFi.
Lido is building a financial ecosystem around stETH, deeply locking in Ethereum users and assets, making its moat increasingly solid.
Against the backdrop of the ongoing Ethereum staking boom, Lido not only firmly holds the top position in staking but is also likely to become the most stable value coordinate in the bull market.
Hao Ge has completed the analysis of LINK, LDO, and AAVE. If there is anything you don't understand or cannot operate, feel free to ask Hao Ge.
Hao Ge will continue to analyze other cryptocurrencies in the Ethereum ecosystem!!!
