Total Value Locked$17.553b
TVL by Chain
Ethereum$17.55b
Solana$3.68m
Moonbeam$22,966.03
Moonriver$7,344.86
Terra Classic$0
Key Metrics
Fees (Annualized)$723.07m
Fees 30d$33.04m
Ethereum$33.04m
Fees 7d$8.1m
Ethereum$8.1m
Fees 24h$1.08m
Ethereum$1.08m
Cumulative Fees$3.264b
Ethereum$3.264b
Revenue (Annualized)$39.32m
Revenue 30d$2.05m
Ethereum$2.05m
Revenue 7d$503,255
Ethereum$503,255
Revenue 24h$67,294
Ethereum$67,294
Cumulative Revenue$165.86m
Ethereum$165.86m
Holders Revenue (Annualized)$26.75m
Holders Revenue 30d$2.08m
Ethereum$2.08m
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$4.03m
Ethereum$4.03m
Incentives 1y$4.27m
$1,831.34
$0
$0
$891.4m
Earnings (Annualized)$35.06m
$2.05m
$503,255
$67,294
-$725.53m
Market Cap$310.32m
$LDO Price$0.37
$371.03m
$374.15m
$LDO Volume 24h$18.91m
CEX Volume$11.03m
DEX Volume$6.19m(32.73% of total)
$LDO Liquidity$6.12m
Uniswap V3$3.94m
Curve DEX$867,925
Uniswap V3$596,356
Uniswap V3$310,611
Velodrome V2$178,400
SushiSwap$126,324
loopring$67,562
Balancer V2$38,714
Treasury$102.2m
$54.4m
Stablecoins$5.19m
Own Tokens$42.61m
Others$3,004.87
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.
Category:Liquid Staking
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 EthereumView 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 APY2.05%
Competitors
Frequently Asked Questions
What is Lido?
Liquid staking for Ethereum and Polygon. Daily staking rewards, no lock ups.
What is Lido's TVL?
Lido currently has $17.553b in total value locked. TVL has increased 23.8% over the past 30 days.
What chains does Lido operate on?
Lido operates on 5 chains: Terra Classic, Ethereum, Moonriver, Moonbeam, and Solana. Ethereum holds the largest share at 100%.
How much has Lido generated in fees and revenue?
Over the past 30 days, Lido generated $33.04m in fees. Of that, $2.05m was protocol revenue. Based on the trailing year, the annualized rate is $723.07m in fees and $39.32m in revenue.
What is the LDO token price and valuation?
LDO is currently trading at $0.37. Its circulating market capitalization is $310.32m, ranking it #174. Its fully diluted valuation is $371.03m. Supply currently stands at 836.36m circulating, 1b total supply, 1b maximum supply.
How has LDO performed recently?
LDO is up 2.4% over the past 7 days and up 52.7% over the past 30 days. Its all-time high is $7.3, reached on Aug 20, 2021. The token is currently 94.9% 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 $35.013b across 257 protocols, and Lido accounts for 50.1% of that total. Other leading protocols include Binance staked ETH, Sanctum, and Rocket Pool.
How many yield pools does Lido have?
DefiLlama tracks 1 Lido yield pool with an average APY of 2%.
Does Lido have a treasury?
Lido has a tracked treasury currently valued at $102.2m. Its holdings include $5.19m in stablecoins, $54.4m in major assets, $42.61m in its own tokens, $3,004.87 in other assets.

