$0.4148
+0.0260 (+6.69%)24H
Lido DAO price, last 12 months
0.96890.41460.2399
Lido DAO market data
- 24H High
- $0.4196
- 24H Low
- $0.3876
- 24H Volume
- 10.95M LDO
- All Time High
- $4.04
- All Time Low
- $0.2314
- Correlation with BTC
- 0.78
- Return on Investment
- -85.24%
- Market Cap
- $343.22M
About Lido DAO
Lido DAO is a decentralized autonomous organization (DAO) which provides staking infrastructure for multiple blockchain networks.Most notably, the platform provides a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange, which represent the user's staked ETH and staking rewards.Lido DAO is secured by a mix of decentralized governance, audited code and smart contracts. The Lido protocol runs on Ethereum with help from smart contracts that process user deposits and distribute staking rewards, among other functions. Several third-party security firms have audited Lido’s smart contracts in order to identify and address potential vulnerabilities.The platform’s native token is LDO - which also serves as the governance token for Lido DAO. Holders can participate in governance proposals and vote on key decisions such as board adjustments, new integrations and platform updates. LDO holders have the right to determine the development and operation of the platform.Lido currently supports staking for Ethereum and Polygon only with the recent sunsetting of Solana.
Lido DAO on-chain holders
Holding Amount
Distribution of addresses by the amount of tokens held.
- 0-1K92.12%
- 1K-100K7.43%
- 100K+0.45%
Time Held
Distribution of addresses by how long tokens have been held.
- Cruisers8.88%
- Holders89.90%
- Traders1.21%
Whale Holdings
Percentage of tokens held by whale addresses vs others.
- Others8.40%
- Whales91.60%
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Lido DAO whitepaper summary
Lido is a friendly solution that makes earning rewards from Ethereum staking much easier for everyone.
Think of it like a special service that lets you earn money from your Ethereum without locking it away or dealing with complicated technical stuff.
You get special tokens called stETH in return that you can freely trade or use, while Lido handles all the complex staking work behind the scenes.
As of 2024, Lido has become the largest liquid staking protocol, managing over 9 million ETH and controlling approximately 33% of all staked ETH.
The protocol offers a user-friendly way to participate in Ethereum's network security while maintaining flexibility with your assets.
Let's break down how Lido works in simple terms.
When you use Lido, you send your Ethereum to their secure smart contracts and immediately receive stETH tokens in return.
These stETH tokens are special because they represent your staked Ethereum plus any rewards you earn, and you can freely trade or use them whenever you want.
Behind the scenes, Lido works with carefully selected node operators who handle all the technical aspects of staking your Ethereum.
Think of these operators like professional money managers for cryptocurrency, working together to keep the system running smoothly and securely.
To keep everything safe and fair, Lido uses a community-driven system called a DAO to make important decisions and manage operations.
The protocol employs advanced security measures, including a Distributed Validator Technology system, which helps prevent any single point of failure in the validation process.
Regular updates and improvements ensure the system stays secure and efficient, with multiple layers of protection for user funds.
Lido has two main types of tokens that work together in interesting ways.
First, there's stETH - this is what you get when you stake your Ethereum through Lido.
Think of stETH as a special receipt that proves you've staked your Ethereum, but unlike a regular receipt, you can trade it or use it in other crypto applications.
The value of your stETH grows automatically as staking rewards come in, just like interest in a savings account.
The second token is LDO, which is like a membership card for the Lido community.
When you hold LDO tokens, you get to vote on important decisions about how Lido works, including things like fees and updates to the system.
Lido takes a small 10% fee from the staking rewards, which gets split between the node operators (5%), the DAO treasury (4.5%), and an insurance fund (0.5%).
The current APR for staking through Lido typically ranges between 3-5%, though this can vary based on network conditions.
The system is designed to be transparent, with all fees and rewards clearly visible to users.
Lido's future plans are closely tied to Ethereum's continued development and upgrades.
Following the successful completion of Ethereum's Shapella upgrade in April 2023, Lido now fully supports withdrawals, allowing users to unstake their ETH whenever they want.
The team is actively working on expanding Lido's ecosystem integration, particularly in decentralized finance applications.
Current development focuses include improving the protocol's decentralization through advanced validation technology and expanding to additional blockchain networks.
The team is developing new features to enhance staking efficiency and user experience, including improved governance mechanisms and risk management tools.
Future updates will focus on making the system even more secure and user-friendly, while maintaining the high standards of decentralization and transparency.
The protocol continues to adapt and improve based on community feedback and changing market needs.
Lido isn't run by a traditional company - instead, it's managed by a community of cryptocurrency experts and enthusiasts through the Lido DAO.
Think of it like a digital cooperative where decisions are made by voting.
The DAO includes experienced node operators who handle the technical side of staking, developers who build and maintain the system, and community members who help make important decisions.
This structure helps keep Lido decentralized and ensures that no single person or group has too much control over the system.
As of recent updates, Lido has expanded its network to include over 30 professional node operators, carefully selected and monitored by the DAO.
The community actively participates in governance decisions, ensuring the protocol continues to serve its users' best interests.
Regular community meetings and transparent communication channels keep all participants informed and involved in the protocol's development.
Latest Lido DAO news
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Lido DAO FAQ
Lido DAO (LDO) is trading at $0.4148, up 6.69% over the last 24 hours.
The market cap of Lido DAO is $343.22M, ranking #105 among cryptocurrencies.
Our model's year-end 2026 target for LDO is $0.9640.
Our model's 2030 target for LDO is $0.4844.
On the daily chart LDO currently shows 0 buy signals and 4 sell signals. This is not investment advice.
The all-time high of LDO is $4.04.
This page is for informational purposes only and is not investment advice. Cryptocurrency prices are highly volatile.