DeFi tokens, including Lido Finance (LDO), Synthetix (SNX), and Curve (CRV), have posted significant losses of at least 9% over the past 24 hours.
LDO, the native token behind the popular staking platform Lido Finance, is down 10.2% over the past 24 hours and currently changes hands at around $1.38.
The 78th-largest cryptocurrency by market capitalization, LDO, is down a whopping 92.56% from its all-time high of $18.62 recorded in November 2021, according to data from CoinMarketCap.
SNX, which powers the synthetic-creating platform Synthetix, has also dropped 9.89% over the past 24 hours. The DeFi token enjoys a market capitalization of nearly $342 million but has shed 89.62% from its all-time high of $28.77.