Lido
Price Chart
At a Glance
Lido is the dominant liquid staking protocol, allowing users to stake ETH and receive stETH — a liquid receipt token that can be used across DeFi. Lido controls ~28% of all staked ETH, making it the single largest staking entity on Ethereum. The protocol distributes staking rewards minus a 10% fee split between node operators and the DAO treasury.
Network Stats
Tokenomics
Key Drivers
ETH Staking Demand
bullishGrowing ETH staking participation and liquid staking adoption drive sustained demand for Lido's services.
Centralization Concerns
bearishLido's dominant market share raises systemic risk and centralization concerns for Ethereum's validator set.
Restaking Competition
bearishEigenLayer and competitors offer additional yield on staked ETH, potentially reducing Lido's competitive moat.