Liquid staking platform Lido surpasses 6 million ETH deposits as Shanghai upgrade spurs inflows

Lido has enjoyed a net inflow of 105,644 ETH through last week, worth some $199 million, pushing deposits to 6,008,480 ETH.

The rapid expansion of liquid staking catapulted Lido to the top spot in DeFi, with some $12 billion of assets on the platform.