Lido(LDO)
Total Value Locked$27.027b
TVL by Chain
Ethereum$27.021b
Solana$6.1m
Terra Classic$0
Moonriver$0
Moonbeam$0
Key Metrics
Fees 30d$49.28m
Fees 30d by chain
Ethereum$49.28m
Fees 7d$11.95m
Ethereum$11.95m
Fees 24h$1.8m
Ethereum$1.8m
Cumulative Fees$3.349b
Ethereum$3.349b
Revenue 30d$3.06m
Revenue 30d by chain
Ethereum$3.06m
Revenue 7d$742,417
Ethereum$742,417
Revenue 24h$111,684
Ethereum$111,684
Cumulative Revenue$171.17m
Ethereum$171.17m
Holders Revenue 30d$775,187
Holders Revenue 30d by chain
Ethereum$775,187
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$4.81m
Ethereum$4.81m
Incentives 1y$4.02m
$0
$0
$0
$891.64m
Earnings (Annualized)$32m
$3.06m
$742,417
$111,684
-$720.47m
Market Cap$366.63m
$LDO Price$0.44
$439.52m
$443.49m
$LDO Volume 24h$61.55m
CEX Volume$30.72m
DEX Volume$33.75m(54.84% of total)
Treasury$138.12m
$63.99m
Stablecoins$23.09m
Own Tokens$51.02m
Others$23,088.2
Total Raised$167m
May 5, 2021$73mRound: Private token saleInvestors: Paradigm, Coinbase Ventures, 3AC, Jump Trading, Alameda Research, DCG
Mar 3, 2022$70mRound: Investors: a16z
Sep 14, 2022$24mRound: Treasury DiversificationInvestors: Dragonfly Capital
Annual Operational Expenses$16.81m
Headcount83
OpEx$8.45m
Salaries$8.37m
Sourceshttps://research.lido.fi/t/lido-dao-core-contributors-provisional-budget/2556
NotesBudget set in July 2022
Last UpdateApr 29, 2023
Protocol Information
Liquid staking for Ethereum and Polygon. Daily staking rewards, no lock ups.
Audits:
Methodology
TVL: Staked tokens are counted as TVL based on the chain that they are staked on and where the liquidity tokens are issued, stMATIC is counted as Ethereum TVL since MATIC is staked in Ethereum and the liquidity token is also issued on Ethereum.View code on GitHubFees: Staking rewards earned by all staked ETHView code on GitHubRevenue: Lido takes a 10% fee on staking rewards; Revenue is only the DAO-treasury portion of that fee (net of the node-operator share, which is a cost of production booked as SupplySideRevenue). From Lido V2 (2023-05-15) the treasury/operator split is the validator-share-weighted aggregate read live from the StakingRouter; before V2 the split was a fixed 5%/5%, so half the fee is treasury.View code on GitHubHolders Revenue: Tracks LIDO bought back by the DAO as part of the LDO Accumulation ProgramView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Treasury: Value of tokens owned by the protocolYields
Pools Tracked1
Average Supply APY2.21%
User Activity
Active Addresses (24h)365
Transactions (24h)441
Competitors
Frequently Asked Questions
What is Lido's TVL?
Lido currently has $27.027b in total value locked. TVL has increased 14.9% over the past 30 days.
What chains does Lido operate on?
Lido operates on 5 chains: Ethereum, Solana, Terra Classic, Moonriver, and Moonbeam. Ethereum holds the largest share at 100%.
How much has Lido generated in fees and revenue?
Over the past 30 days, Lido generated $49.28m in fees. Of that, $3.06m was protocol revenue. Based on the trailing year, the annualized rate is $631.9m in fees and $36.02m in revenue.
What is the LDO token price and valuation?
LDO is currently trading at $0.44. Its circulating market capitalization is $366.63m, ranking it #189. Its fully diluted valuation is $439.52m. Supply currently stands at 834.15m circulating, 1b total supply, 1b maximum supply.
How has LDO performed recently?
LDO is up 31% over the past 7 days and up 11.9% over the past 30 days. Its all-time high is $7.3, reached on Aug 20, 2021. The token is currently 94% below that level.
How does Lido's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Lido ranks #1 by TVL. The category holds $58.888b across 271 protocols, and Lido accounts for 45.9% of that total. Other leading protocols include TruStake, Stafi, Omni Liquid Staking, Binance staked ETH, ether.fi Stake, Sanctum Validator LSTs, Rocket Pool, Jito Liquid Staking, Binance Staked SOL, and StakeWise V3.
How many yield pools does Lido have?
DefiLlama tracks 1 Lido yield pool with an average APY of 2.2%.
Does Lido have a treasury?
Lido has a tracked treasury currently valued at $138.12m. Its holdings include $23.09m in stablecoins, $63.99m in major assets, $51.02m in its own tokens, $23,088.2 in other assets.

