Lido Staking Data Shows Slight Increase in TVL and stETH Rate

According to Odaily, Lido released its staking data for the past week, covering October 7 to October 14. The data indicates a slight increase in the Total Value Locked (TVL) due to the rise in ETH prices, with TVL increasing by 0.58% to reach $24.1 billion. The net amount of ETH unstaked through Lido decreased by 0.62%, totaling 52,128 ETH. Additionally, the 7-day stETH rate rose by 19 basis points, reaching 3.17%. The trading volume for stETH over the past week was $863.09 million, marking a 2.11% increase compared to the previous week. The amount of wstETH bridged also saw growth, increasing by 4.80% to reach 208,043 wstETH.