Lido(LDO)
Total Value Locked$25.765b
TVL by Chain
Ethereum$25.759b
Solana$5.77m
Terra Classic$0
Moonriver$0
Moonbeam$0
Key Metrics
Fees 30d$48.59m
Fees 30d by chain
Ethereum$48.59m
Fees 7d$11.55m
Ethereum$11.55m
Fees 24h$1.67m
Ethereum$1.67m
Cumulative Fees$3.342b
Ethereum$3.342b
Revenue 30d$3.02m
Revenue 30d by chain
Ethereum$3.02m
Revenue 7d$718,278
Ethereum$718,278
Revenue 24h$103,642
Ethereum$103,642
Cumulative Revenue$170.73m
Ethereum$170.73m
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)$32.14m
$3.02m
$718,278
$103,642
-$720.91m
Market Cap$339.23m
$LDO Price$0.41
$406.67m
$410.06m
$LDO Volume 24h$49.63m
CEX Volume$20.33m
DEX Volume$31.32m(63.09% of total)
Treasury$129.5m
$60.41m
Stablecoins$23.09m
Own Tokens$45.98m
Others$21,691.89
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 APY2.25%
User Activity
Active Addresses (24h)308
Transactions (24h)398
Competitors
Frequently Asked Questions
What is Lido's TVL?
Lido currently has $25.765b in total value locked. TVL has increased 18.9% 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 $48.59m in fees. Of that, $3.02m was protocol revenue. Based on the trailing year, the annualized rate is $636.62m in fees and $36.16m in revenue.
What is the LDO token price and valuation?
LDO is currently trading at $0.4. Its circulating market capitalization is $334.17m, ranking it #191. Its fully diluted valuation is $400.61m. Supply currently stands at 834.15m circulating, 1b total supply, 1b maximum supply.
How has LDO performed recently?
LDO is up 5.6% over the past 7 days and up 16% over the past 30 days. Its all-time high is $7.3, reached on Aug 20, 2021. The token is currently 94.5% 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 $56.023b across 274 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, Binance Staked SOL, Jito Liquid Staking, and StakeWise V3.
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 $129.5m. Its holdings include $23.09m in stablecoins, $60.41m in major assets, $45.98m in its own tokens, $21,691.89 in other assets.

