Lido’s Revenue Takes a 23% Plunge as Stakers Flee the Yield Chill

Lido Finance’s newest earnings snapshot reveals a 23% year‑over‑year revenue dip, according to the numbers published by The Block.

The shortfall is the lovechild of two forces: a visible exodus of user capital and a sweeping slump in staking yields across the major networks Lido supports.

As yields slipped, a swarm of stakers hit the eject button, trimming a noticeable slice off the protocol’s fee income.

Beyond the headline‑grabbing 23% contraction, Lido offered no further financial dissection.