Lido, a leading liquid staking platform, has experienced a significant decline in its total value locked (TVL), which now stands at $17.02 billion. Over the past 24 hours, Lido's TVL decreased by $2.9 billion, marking a 17.02% drop. The platform, which operates across multiple chains including Ethereum, Solana, Moonbeam, Moonriver, and Terra, has also seen a 37.07% decline over the past week, amounting to a $6.3 billion reduction in TVL.