Ask about Lido

Logo of LidoLido(LDO)

Total Value Locked$26.758b

TVL by Chain

Ethereum$26.752b

Solana$6.21m

Terra Classic$0

Moonriver$0

Moonbeam$0

Key Metrics

Fees 30d$51.89m
Fees 30d by chain

Ethereum$51.89m

Fees 7d$12.62m

Ethereum$12.62m

Fees 24h$1.78m

Ethereum$1.78m

Cumulative Fees$3.373b

Ethereum$3.373b

Revenue 30d$3.21m
Revenue 30d by chain

Ethereum$3.21m

Revenue 7d$776,979

Ethereum$776,979

Revenue 24h$109,693

Ethereum$109,693

Cumulative Revenue$172.62m

Ethereum$172.62m

Holders Revenue 30d$2.25m
Holders Revenue 30d by chain

Ethereum$2.25m

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$7.06m

Ethereum$7.06m

Incentives 1y$4.02m

$0

$0

$0

$891.64m

Earnings (Annualized)$31.67m

$3.21m

$776,979

$109,693

-$719.03m

Market Cap$389.9m

$LDO Price$0.47

All Time High$7.30

All Time Low$0.24

View $LDO token page

$470m

$474.07m

$LDO Volume 24h$55.08m

CEX Volume$22.73m

DEX Volume$34.27m(62.22% of total)

Treasury$141.83m

$61.63m

Stablecoins$23.09m

Own Tokens$57.08m

Others$22,854

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 GitHub

Incentives: 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 protocol

Yields

Pools Tracked1

Average Supply APY2.22%

User Activity

Active Addresses (24h)213

Transactions (24h)251

Competitors

Frequently Asked Questions

What is Lido's TVL?

Lido currently has $26.758b in total value locked. TVL has increased 11.3% 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 $51.89m in fees. Of that, $3.21m was protocol revenue. Based on the trailing year, the annualized rate is $618.79m in fees and $35.69m in revenue.

What is the LDO token price and valuation?

LDO is currently trading at $0.47. Its circulating market capitalization is $389.47m, ranking it #183. Its fully diluted valuation is $469.49m. Supply currently stands at 829.57m circulating, 1b total supply, 1b maximum supply.

How has LDO performed recently?

LDO is up 1.6% over the past 7 days and up 16.2% over the past 30 days. Its all-time high is $7.30, reached on Aug 20, 2021. The token is currently 93.6% 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 $61.883b across 270 protocols, and Lido accounts for 43.2% of that total. Other leading protocols include Stafi, TruStake, 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 $141.83m. Its holdings include $23.09m in stablecoins, $61.63m in major assets, $57.08m in its own tokens, $22,854 in other assets.