On April 12, 2023, the Shapella hard fork led to the withdrawal of 332,368 ether, worth $699 million. Over the past 30 days, deposits into Lido, Rocketpool, and other liquid staking protocols have increased, with Lido’s TVL accounting for 23.74% of defi’s locked value. As of April 15, there are multiple decentralized finance (defi) protocols with a total value locked (TVL) of $53.68 billion, with Lido’s TVL making up 23.74% of the defi’s locked value. The most withdrawals are made through Kraken, Binance, and Coinbase as a result of problems with American regulators over liquid staking mechanisms.
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
