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RE: Ranking The Top DeFi Protocols | Data on TVL, Volume, Users and More | Sep 2023

in LeoFinancelast year

So few users on Lido but so much TVL lol I believe they were the first ones to roll out ETH LSTs Liquid staking tokens and a ton of money was dumped into that. Also kind of crazy to see how many active users are on cake yet there still suck little value in the tokens there now.

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Yep ... pretty much tells you how important whales are :)