Lido now has the highest TVL in DeFi after overtaking MakerDAO

Lido has overtaken MakerDAO in TVL in DeFi by $0.05 billion.
At press time, Lido had $5.96b DeFi TVL.
Lido seems to be benefitting from Ethereum’s merge upgrade.At press time, Lido which specializes in liquid staking had a total value staked of $5.96 billion which is $0.05 billion higher than MakerDAO’s TVL of $5.91 billion according to Defillama. MakerDao has had the largest DeFi TVL for many years and the overtaking means Lido is gaining ground despite the ongoing crypto winter.
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