Leading Ethereum [ETH] staking platform Lido Finance [LDO] suffered a decline in its total value locked (TVL) in the last week due to a decline in the value of native tokens, including Polygon’s MATIC, Solana’s SOL, and leading altcoin ETH. 

Per data from DefiLlama, Lido’s TVL stood at $6.2 billion, having fallen by over 2% in the last seven days. Lido, in a tweet, confirmed that the decline in TVL was due to the decline in price suffered by ETH, MATIC, and SOL within the same period.

(by Abiodun Oladokun)