{"id":77456,"date":"2023-04-19T10:08:51","date_gmt":"2023-04-19T07:08:51","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77456"},"modified":"2025-09-10T23:25:48","modified_gmt":"2025-09-10T20:25:48","slug":"lido-finances-tvl-tops-12-7bn-after-shapella-hard-fork","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/lido-finances-tvl-tops-12-7bn-after-shapella-hard-fork\/","title":{"rendered":"Lido Finance’s TVL tops $12.7bn after Shapella hard fork"},"content":{"rendered":"

On April 18, the total value locked (TVL) in LSD<\/a>-provider Lido Finance reached<\/a> a maximum of 6.32 million ETH (~$12.67 billion). The driver was the recent activation of the Shapella upgrade.<\/p>\n

\"image-214\"
Data: DeFi Llama<\/a>.<\/figcaption><\/figure>\n

Shapella activated the implementation of EIP-4895<\/a> \u2014 enabling users to withdraw from staking<\/a>.<\/p>\n

Since January, Lido Finance’s TVL has risen by 20%.<\/p>\n

Some 141,000 users have staked ETH on the platform, according to Nansen<\/a>.<\/p>\n

Lido accounts for 30.9% of the coins locked in the deposit contract.<\/p>\n

\n

\u201cIt is quite likely that some will move to liquid staking. The hard fork opens the doors for new participants who previously refrained from placing Ethereum in LSD,\u201d<\/em> \u2014 said The Block<\/a>\u2019s director of growth at Allnodes, Robert Ellison.<\/p>\n<\/blockquote>\n

Earlier, Glassnode reminded<\/a> of the promise by the Lido Finance team to redeploy the rewards earned from staking. The conversion of stETH to ETH for the provider’s clients will be available in May<\/a>.<\/p>\n

In April, deposits in Ethereum staking surpassed<\/a> withdrawal volumes for the first time since the activation of Shapella.<\/p>\n","protected":false},"excerpt":{"rendered":"

On April 18, the total value locked (TVL) in LSD-provider Lido Finance reached a maximum after the Terra crash of 6.32 million ETH (~$12.67 billion). The driver was the recent activation of the Shapella upgrade.<\/p>\n","protected":false},"author":1,"featured_media":77457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1387],"class_list":["post-77456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-lido"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=77456"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77456\/revisions"}],"predecessor-version":[{"id":77458,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77456\/revisions\/77458"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/77457"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=77456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=77456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=77456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}