Lido
Remote (Global)Lido is a decentralized liquid staking protocol for Ethereum and other proof-of-stake blockchains. Users deposit ETH and receive stETH in return, earning staking rewards while retaining liquidity for use across DeFi. Governed by the Lido DAO, it is the largest liquid staking protocol by total value locked and a critical piece of Ethereum's staking ecosystem.
Foundation / DAO
DeFi
Founded 2020
Products & Services
- Lido on Ethereum — Liquid ETH staking, the core product
- stETH / wstETH — Liquid staking token pair widely integrated across DeFi
- Lido DAO — On-chain governance for protocol parameters and treasury
- Node Operator Network — Curated set of institutional validators
Tech stack
Smart contracts on Ethereum (audited, upgradeable via DAO), Node operator registry, Oracle committee for stETH reward updates, stETH, wstETH
Markets
Lido controls roughly 25-30% of all staked ETH, making it the dominant liquid staking provider. This concentration has been a point of ongoing debate in the Ethereum community around decentralization.
Blockchain, Metaverse, Cityverse, Ethereum, L2, Crypto, Bitcoin, Stable Coins, Gaming, NFT, Solidity, UX, Design, Cardano, Kusama, Tezos, Solana, Polkadot, Polygon, Token, Tokenization, DAO, DeFi, AI, Wallet, AR