Ask about Lido

Logo of LidoLido(LDO)

Total Value Locked$26.78b

TVL by Chain

Ethereum$26.774b

Solana$6.02m

Terra Classic$0

Moonriver$0

Moonbeam$0

Key Metrics

Fees 30d$49.04m
Fees 30d by chain

Ethereum$49.04m

Fees 7d$11.82m

Ethereum$11.82m

Fees 24h$1.79m

Ethereum$1.79m

Cumulative Fees$3.348b

Ethereum$3.348b

Revenue 30d$3.05m
Revenue 30d by chain

Ethereum$3.05m

Revenue 7d$734,854

Ethereum$734,854

Revenue 24h$111,083

Ethereum$111,083

Cumulative Revenue$171.06m

Ethereum$171.06m

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)$32.03m

$3.05m

$734,854

$111,083

-$720.58m

Market Cap$342.57m

$LDO Price$0.41

All Time High$7.3

All Time Low$0.24

View $LDO token page

$410.68m

$414.35m

$LDO Volume 24h$62.25m

CEX Volume$29.54m

DEX Volume$34.85m(55.98% of total)

Treasury$134.93m

$63.35m

Stablecoins$23.09m

Own Tokens$48.46m

Others$22,862.13

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 APY2.21%

User Activity

Active Addresses (24h)416

Transactions (24h)508

Competitors

Frequently Asked Questions

What is Lido's TVL?

Lido currently has $26.78b in total value locked. TVL has increased 15.2% 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 $49.04m in fees. Of that, $3.05m was protocol revenue. Based on the trailing year, the annualized rate is $632.92m in fees and $36.05m in revenue.

What is the LDO token price and valuation?

LDO is currently trading at $0.41. Its circulating market capitalization is $342.57m, ranking it #190. Its fully diluted valuation is $410.68m. Supply currently stands at 834.15m circulating, 1b total supply, 1b maximum supply.

How has LDO performed recently?

LDO is up 14.8% over the past 7 days and up 2.9% over the past 30 days. Its all-time high is $7.3, reached on Aug 20, 2021. The token is currently 94.4% 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 $58.245b across 271 protocols, and Lido accounts for 46% 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 $134.93m. Its holdings include $23.09m in stablecoins, $63.35m in major assets, $48.46m in its own tokens, $22,862.13 in other assets.