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Liquid staking protocol

Lido

Live data · updated every hour

Lido issues stETH, a liquid token that represents ether staked through a curated set of node operators.

TVL rank#1CategoryLiquid StakingChains2SinceDec 2020
All DeFi protocols
Total value locked$26.59B−0.6% in 24h · +0.3% in 7d
Fees · 24h$1.78M$51.89M over 30 days
Revenue · 24h$110K$39.11M annualized
Revenue share6.2%Share of fees kept over 30 days
LDO price$0.4743+3.2% in 24h
Market cap$391MFully diluted $474M
Mcap / TVL0.01Token value per $1 locked
Chains299.98% on Ethereum

Lido TVL

Assets deposited in Lido across 2 chains, in US dollars.

Value locked$26.59B27.48% of all DeFi
Change · 1Y−$11.96B−31.0% over the period
Period high$39.93BOct 7, 2025
Period low$13.90BJun 7, 2026
Total value locked Touch the chart for valuesHover the chart for values

Supported chains

Deployed on 2 chains. Ethereum holds 99.98% of deposits.

Fees & revenue

Monthly fees paid by users and the share Lido keeps as revenue. The current month is to date.

Fees · 30d$51.89M$12.62M in the past 7 days
Revenue · 30d$3.21M$777K in the past 7 days
Annualized revenue$39.11MPast 30 days, annualized
Price to sales10.0×Market cap ÷ annualized revenue
FeesRevenue Last 12 months

About Lido

What it does, how it earns and what the LDO token is for.

Holders earn staking rewards while keeping their ETH usable across DeFi. Lido takes a 10% cut of rewards, split between node operators and the DAO treasury.

CategoryLiquid Staking
LaunchedDec 2020
Chains2
TVL rank#1 of 32
LDO token$0.4743+3.2%
Market cap$391M
Fully diluted value$474M
Circulating supply830M LDO
Max supply1.00B LDO
Mcap / TVL0.01
83.0% of max supply in circulation

Lido FAQ

Short answers to what people ask most.

Lido issues stETH, a liquid token for ether staked through a curated set of node operators. Holders earn staking rewards while their ETH stays usable in DeFi.

Lido takes a 10% cut of staking rewards, split between node operators and the DAO treasury.

$26.59 billion is staked through Lido, +0.3% over 7 days. It ranks #1 of the 32 DeFi protocols World-Crypt profiles.

Users paid $51.89 million in fees over 30 days, and Lido kept $3.21 million as revenue, $39.11 million annualized.

LDO trades at $0.4743, a market cap of $390.57 million.

Lido launched in December 2020.

Lido news

Coverage of the protocol, its category and its chain.

All news

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