LDO
LDO Rank #128
DeFiLiquid Staking
₹35.50
▼ 4.12%
24h
Market Cap
₹29,690,862,634
24h Volume
₹1,168,146
All-Time High
₹697.81
All-Time Low
₹22.68
Circ. Supply
836,362,328
of 1,000,000,000 max
Fully Diluted
₹35,500,000,000
Price Chart
24h Price Range
INR
₹35.50
₹37.45
Overview
About LDO
Lido DAO governs Lido, the largest liquid staking platform, which lets users stake assets like ETH while receiving a tradable token representing their staked position. LDO holders vote on protocol decisions.
Lido was launched in December 2020 by a group of developers and DeFi projects, including contributors from P2P Validator and other staking infrastructure teams, in response to a specific problem: Ethereum's move to proof of stake required locking up 32 ETH to run a validator, an amount out of reach for most users.
Lido lets users stake any amount of ETH and receive stETH in return, a token that represents their staked position and accrues staking rewards automatically while remaining liquid, meaning it can still be traded or used in other DeFi applications. Behind the scenes, Lido distributes deposits across a curated set of professional node operators.
LDO governs the Lido DAO, with holders voting on which node operators are approved, fee parameters, and protocol upgrades. Lido became the largest liquid staking provider on Ethereum, and stETH is widely used as collateral throughout DeFi, making Lido's governance decisions consequential for the broader ecosystem.
Key Facts
Market Rank#128
Max Supply1,000,000,000
Circulating836,362,328 LDO
SymbolLDO
