Lido (LDO) crashes $11 billion in total value locked (TVL)
Lido was the second decentralized application (dApp) with the most value locked throughout April.
According to BeInCrypto Research, Lido lost 57% of its all-time high TVL on April 6. On that day, TVL was approximately $20.4 billion, and this declined to around $8.6 billion on May 22.