Lido
LDO
Lido
№ 78
LDO Price Now
$1.58 USD
+11.54%
Deposit Trade
Date of Issue: 19.12.2020
Lido (LDO) is a decentralized autonomous organization (DAO) which provides staking infrastructure for multiple blockchain networks.... More
Lower Price 1.28
24H
1.58 Upper Price
24H Value
37.19 K
Market Cap(USD)
1.42 B
Circulating
895.72 M
Total Supply
1 B
  • DEXNET
    DEXNET DexNet
    0.06159
    +1.07%
  • DOT
    DOT Polkadot
    9.05707
    +2.44%
  • MSTR
    MSTR MSTR2100
    0.9761
    +19.27%
  • LQTY
    LQTY Liquity
    1.41331
    +7.19%
  • PAI
    PAI ParallelAI
    0.37534
    -9.91%
  • OMOM
    OMOM OMOM
    0.22268
    +23.73%
  • GOOMPY
    GOOMPY Goompy
    0.0000010701
    +22.4%
  • MSTR
    MSTR MSTR2100
    0.9761
    +19.27%
  • HANA
    HANA Hana
    0.0005147
    +15.88%
  • ZRO
    ZRO LayerZero
    4.5535
    +14.72%
  • CRUX
    CRUX CryptoMines
    0.10745
    +3.23%
  • KARAT
    KARAT Karat
    0.028
    +12.9%
  • DOPE
    DOPE Dope
    0.0008174
    -40.7%
  • CNW
    CNW Conwai
    0.0042294
    +1.68%
  • GOOMPY
    GOOMPY Goompy
    0.0000010701
    +22.4%

Lido (LDO) Live Price Data

The live Lido (LDO) price is $1.58, with a 24 hours Blynex trading volume of 37.19 K. The price of LDO changed by +11.54% in the past 24 hours. With a circulating supply of 1B LDO and a maximum supply of 895M LDO coins. LDO currently ranks #78 in market cap. You have the option to purchase Lido (LDO) on the Blynex exchange.

Markets
Market Price 24h % 24h High 24h Low 24h Volume
LDO/USDT LDO/USDT $1.57607 +11.54% 1.58049 1.28196 40.97 K Trade

About Lido (LDO)

Lido (LDO) is a decentralized autonomous organization (DAO) which provides staking infrastructure for multiple blockchain networks. Buying LDO on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Lido (LDO).

 

What is Lido (LDO)?

Lido DAO is a decentralized autonomous organization (DAO) providing staking infrastructure for multiple blockchain networks, with a focus on offering liquid staking solutions. The platform is most known for enabling users to stake Ethereum (ETH) and receive stETH (Lido staked ETH) tokens in return. These tokens represent the user's staked ETH and accrued staking rewards, offering a liquid alternative to traditional staking methods.

 

Core Features and Functionality

Lido DAO ensures security and reliability through a combination of decentralized governance, audited smart contracts, and an active development team. The Ethereum-based protocol uses smart contracts to handle user deposits, process staking rewards, and provide transparency in operations. Its staking mechanism pools ETH from multiple users, eliminating the need for individuals to maintain their own validators or meet the traditional 32 ETH minimum staking requirement. The introduction of Lido V2 enhanced its capabilities by enabling users to trade stETH tokens on secondary markets or leverage them in liquid staking decentralized finance (LSDFi) protocols.

 

Governance and Tokenomics

Lido’s native token, LDO, plays a pivotal role in the platform’s governance. Token holders can vote on proposals, such as new integrations, upgrades, and operational adjustments. This decentralized governance model empowers the community to shape the future of Lido DAO. Beyond governance, LDO reflects the decentralized ethos of the platform, giving users a direct say in its development and long-term goals.

 

Origins and Support

Founded in 2020 by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish, Lido DAO received early backing from prominent financial firms and angel investors. These include Semantic VC, ParaFi Capital, and Libertus Capital, as well as notable individuals like Stani Kulechov of Aave and Kain Warwick of Synthetix. This diverse pool of contributors reflects a strong commitment to the DAO's mission of democratizing staking and fostering accessibility for users of all expertise levels.

 

Impact and Vision

Lido has revolutionized staking by making it more accessible, secure, and versatile. Its liquid staking solutions empower users to earn rewards while maintaining liquidity, addressing traditional staking limitations. With the recent release of Lido V2, the protocol aims to strengthen its position in the Ethereum ecosystem and beyond. By providing tools that democratize staking and integrate with DeFi applications, Lido DAO continues to enhance the usability and inclusivity of blockchain staking infrastructure.

LDO to local currency

  • LDO to USD
    1.424  
  • LDO to EUR
    1.358  
  • LDO to AUD
    2.177  
  • LDO to KRW
    1,999.874  
  • LDO to JPY
    218.930  
  • LDO to GBP
    1.130  
  • LDO to INR
    120.186  
  • LDO to CAD
    1.984  
  • LDO to AED
    5.229  
  • LDO to RUB
    147.454  

LDO to crypto currency

  • LDO to BTC
    0.0000146261  
  • LDO to ETH
    0.0004278109  
  • LDO to USDT
    1.423  
  • LDO to BNB
    0.002  
  • LDO to SOL
    0.006  
  • LDO to XRP
    1.034  
  • LDO to ADA
    1.443  
  • LDO to TRX
    6.883  
  • LDO to LTC
    0.015  
  • LDO to TON
    0.236