Ask about Lido
Logo of LidoLido(LDO)
Total Value Locked$17.91b

TVL by Chain

Ethereum$17.907b

Solana$3.65m

Moonbeam$21,526.83

Moonriver$7,036.33

Terra Classic$0

Key Metrics

Fees (Annualized)$715.48m
Fees 30d$33.98m

Ethereum$33.98m

Fees 7d$8.31m

Ethereum$8.31m

Fees 24h$1.25m

Ethereum$1.25m

Cumulative Fees$3.27b

Ethereum$3.27b

Revenue (Annualized)$39.03m
Revenue 30d$2.11m

Ethereum$2.11m

Revenue 7d$515,764

Ethereum$515,764

Revenue 24h$77,408

Ethereum$77,408

Cumulative Revenue$166.24m

Ethereum$166.24m

Holders Revenue (Annualized)$24.52m
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)$34.77m

$2.11m

$515,764

$77,408

-$725.16m

Market Cap$305.87m

$LDO Price$0.37

All Time High$7.3

All Time Low$0.24

View $LDO token page

$365.71m

$368.47m

$LDO Volume 24h$30.92m

CEX Volume$20.84m

DEX Volume$9.09m(29.4% 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$100.06m

$53.55m

Stablecoins$4.69m

Own Tokens$41.82m

Others$2,910.83

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 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 APY2.28%

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 $17.91b in total value locked. TVL has increased 25% over the past 30 days.

What chains does Lido operate on?

Lido operates on 5 chains: Terra Classic, Ethereum, Moonbeam, Moonriver, 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 $33.98m in fees. Of that, $2.11m was protocol revenue. Based on the trailing year, the annualized rate is $715.48m in fees and $39.03m in revenue.

What is the LDO token price and valuation?

LDO is currently trading at $0.37. Its circulating market capitalization is $305.87m, ranking it #173. Its fully diluted valuation is $365.71m. Supply currently stands at 836.36m circulating, 1b total supply, 1b maximum supply.

How has LDO performed recently?

LDO is down 6.9% over the past 7 days and up 49.3% over the past 30 days. Its all-time high is $7.3, reached on Aug 20, 2021. The token is currently 95% 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 $35.375b across 256 protocols, and Lido accounts for 50.6% 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 2.3%.

Does Lido have a treasury?

Lido has a tracked treasury currently valued at $100.06m. Its holdings include $4.69m in stablecoins, $53.55m in major assets, $41.82m in its own tokens, $2,910.83 in other assets.