Lido (LDO)
Total Value Locked$39.086b
TVL by Chain
Ethereum$39.073b
Solana$12.84m
Moonbeam$132,084
Moonriver$38,819
Terra Classic$0
Key Metrics
Fees (Annualized)$1.127b
Fees 30d$92.37m
Fees 7d$21.72m
Fees 24h$3.16m
Cumulative Fees$2.7b
Revenue (Annualized)$112.69m
Revenue 30d$9.24m
Revenue 7d$2.17m
Revenue 24h$316,233
Cumulative Revenue$269.54m
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Holders Revenue 7d$0
Holders Revenue 24h$0
Cumulative Holders Revenue$0
Incentives (Annualized)$6m
Incentives 30d$491,523
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$887.62m
Earnings (Annualized)$106.69m
Earnings 30d$8.75m
Earnings 7d$2.17m
Earnings 24h$316,233
Cumulative Earnings-$618.08m
Market Cap$1.186b
$LDO Price$1.32
All Time High$7.3
All Time Low$0.41
Fully Diluted Valuation$1.324b
Outstanding FDV$1.32b
$LDO Volume 24h$127.57m
CEX Volume$93.02m
DEX Volume$75.95m(59.53% 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$316.59m
Majors$138.62m
Stablecoins$37.09m
Own Tokens$140.67m
Others$215,111
Total Raised$167m
May 5, 2021$73mRound: Private token saleInvestors: Paradigm, Coinbase Ventures, 3AC, Jump Trading, Alameda Research, DCGSource: https://www.theblock.co/linked/103874/eth2-staking-protocol-lido-raises-73-million-paradigm
Mar 3, 2022$70mRound: Investors: a16zSource: https://twitter.com/a16z/status/1499447054069817352
Sep 14, 2022$24mRound: Treasury DiversificationInvestors: Dragonfly CapitalSource: https://research.lido.fi/t/treasury-diversification-2-part-2/2657
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 applies a 10% fee on staking rewards that are split between node operators and the DAO TreasuryView code on GitHubHolders Revenue: No revenue distributed to LDO holdersView 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
Income Statement for Lido
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $222.53m | $155.87m | $211.53m | $251.37m | $234.3m | $279.37m | $269.06m | $184.27m | $155.33m | $153.41m | $117.01m | $95.59m | $74.52m | $90.56m | $72.17m | $82.56m | $38.14m | $12.63m | $0 |
| Revenue | $22.25m | $15.59m | $21.15m | $25.14m | $23.43m | $27.94m | $26.91m | $18.43m | $15.53m | $14.85m | $11.7m | $9.56m | $7.45m | $9.06m | $7.22m | $8.26m | $3.81m | $1.26m | $0 |
| Incentives | $491,523 | $13,981 | $3.1m | $2.4m | $2.87m | $2.92m | $4.78m | $1.75m | $2.36m | $18.82m | $23.41m | $13.7m | $40.48m | $42.87m | $42.07m | $53.64m | $85.87m | $526.58m | $19.48m |
| Earnings | $21.76m | $15.57m | $18.05m | $22.74m | $20.56m | $25.02m | $22.13m | $16.67m | $13.17m | -$3.97m | -$11.71m | -$4.15m | -$33.03m | -$33.82m | -$34.86m | -$45.38m | -$82.06m | -$525.32m | -$19.48m |
| Token Holder Net Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |