![Lido Finance [LDO] emerges as the king of DeFi, but there is a problem](https://ambcrypto.com/wp-content/uploads/2023/02/ldo-aniket-pexels.jpg)
The total value locked on Lido Finance went past $8 billion in January. Despite the feat, the protocol’s native token was down 5.82% at press time. Lido Finance [LDO] had a rollicking start to 2023 after it eclipsed MakerDAO [MKR] to become the biggest decentralized finance [DeFi] protocol, as per DappRadar. Moreover, the total value […]