About Lido DAO Token
LDO is the governance token of Lido, a liquid staking protocol. Lido supports liquid staking on multiple blockchain networks including Ethereum and Solana. LDO tokens are used to govern the Lido DAO, which oversees Lido’s development.
Buy Lido DAO Token
Trading Insights
Buyer Ratio
Traders
98
-42.01%
Buyers
62
-24.39%
Sellers
41
-55.91%
Searched
148
Market Stats
Market Cap
£542.39M
FDV
£604.73M
Circ. Supply
897M LDO
Max Supply
Not enough data
Total Supply
1B LDO
Total Value Locked
£26.91B
Performance
Popularity
#94
Dominance
0.02%
Volume (24H)
£44.04M
-44.13%
Volume (7D)
£499.55M
Volume (30D)
£2.32B
All time high
£4.56
Price Change (1Y)
-53.4%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Lido DAO Token has decreased by 0.49% in the last hour and decreased by 1.57% in the past 24 hours. Lido DAO Token’s price has also risen by 13.10% in the past week. The current price is £0.60 per LDO with a 24-hour trading volume of £44.04M. Currently, Lido DAO Token is valued at 86.75% below its all time high of £4.56. This all-time high was the highest price paid for Lido DAO Token since its launch.
The current circulating supply of Lido DAO Token is 896,924,006.484 LDO which means that Lido DAO Token has as total market cap of £542,392,498.91.
Market details
LDO vs markets
↘ 73.26%
LDO vs BTC
↘ 75.96%
LDO vs ETH
↘ 48.75%
Tags
defi
dao
liquid-staking-derivatives
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5A98FcBEA516Cf06857215779Fd812CA3beF1B32 | |
Solana | HZRCwxP2Vq9PCpPXooayhJ2bxTpo5xfpQrwB1svh332p | |
BNB Smart Chain | 0x986854779804799C1d68867F5E03e601E781e41b | |
Optimism | 0xFdb794692724153d1488CcdBE0C56c252596735F |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.60 | ↘ 1.57% |
1 Day | £0.62 | ↘ 1.57% |
1 Week | £0.53 | ↗ 13.10% |
1 Month | £0.60 | ↗ 0.74% |
1 Year | £1.35 | ↘ 53.40% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Lido DAO (LDO) is a decentralized autonomous organization that provides staking infrastructure for multiple blockchain networks, including Ethereum. Users have the opportunity to stake their Ethereum (ETH) and receive stETH (Lido staked ETH) tokens in return, which represent the user's staked ETH and potential rewards. The platform's native token, LDO, serves as the governance token for Lido DAO, allowing holders to participate in governance proposals and vote on key decisions. Lido DAO seeks to make staking more accessible to a wider range of users by pooling staked ETH from multiple users, eliminating the need for any technical expertise on behalf of users.
Lido DAO functions on the Ethereum network using smart contracts to handle user deposits and distribute potential rewards. Users have the opportunity to deposit their ETH into the Lido pool and receive stETH tokens in return. These tokens can be traded on secondary markets or used on other protocols, providing users with a more liquid form of staked ETH that can be used for other purposes. The platform's native token, LDO, also serves as the governance token for Lido DAO. LDO holders can participate in governance proposals and vote on key decisions, such as board adjustments, new integrations, and platform updates.
Lido DAO's goal is to simplify and optimize the staking process for Ethereum users. By pooling staked ETH from multiple users, it eliminates the need for technical expertise and the requirement to commit a minimum amount of 32 ETH to run a validator. This allows more people to stake their ETH and participate in the Ethereum network's consensus mechanism. Furthermore, the stETH tokens that users receive in return for their staked ETH can be traded on secondary markets or used on other protocols, providing a more liquid form of staked ETH. This opens up potential use cases in the DeFi space, where stETH tokens could be used as collateral in lending protocols or for yield farming.
Lido DAO was established in 2020 by Konstantin Lomashuk, Vasiliy Shapovalov, and Jordan Fish. The organization was supported by a collective of financial firms and angel investors, including Semantic VC, ParaFi Capital, Libertus Capital, Bitscale Capital, StakeFish, StakingFacilities, Chorus, P2P Capital, and KR1.
We update our Lido DAO Token to GBP currency in real-time. Get the live price of Lido DAO Token on Coinbase.
The current market cap of Lido DAO Token is £542.39M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Lido DAO Token is £4.56. This all-time high is highest price paid for Lido DAO Token since it was launched.
Over the last 24 hours, the trading volume of Lido DAO Token is £44.04M.
Assets that have a similar market cap to Lido DAO Token include Jasmy, Raydium, The Sandbox, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Lido DAO Token is 897 million.
Lido DAO Token ranks 186 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 80% of Coinbase users are buying Lido DAO Token. In other words, 80% of Coinbase customers have increased their net position in Lido DAO Token over the past 24 hours through trading.
Yes, Lido DAO Token is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Lido DAO Token guide.
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Legal
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