Lido: Revenue Down 40%, Market Share Intact - New Report Highlights Mixed Signals
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3 Articles
Crisis at Lido: the staking giant Ethereum sees its revenues drop by 23% and its users run away. All details in this article! Article Ethereum: Lido weakened by falling yields and massive releases appeared first on Cointribune.
Key Points of the news: The total revenues of the platform decreased to 40.5 million dollars, representing a fall of 23% compared to the 52.4 million recorded in the period of 2024. The organization attributes these results to the compression of the APR in the network of Ethereum and to a rotation of capital towards exchanges and institutional stacking services. The protocol plans to launch a program of buyback of the LDO token during the second…
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