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
118
-14.49%
Buyers
79
-5.95%
Sellers
43
-24.56%
Searched
194
Market Stats
Market Cap
£836.72M
FDV
£934.04M
Circ. Supply
896M LDO
Max Supply
Not enough data
Total Supply
1B LDO
Total Value Locked
£28.38B
Performance
Popularity
#77
Dominance
0.03%
Volume (24H)
£46.93M
-23.05%
Volume (7D)
£550.09M
Volume (30D)
£1.41B
All time high
£4.56
Price Change (1Y)
13.53%
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 0.32% in the last hour and increased by 0.16% in the past 24 hours. Lido DAO Token’s price has also fallen by 0.32% in the past week. The current price is £0.93 per LDO with a 24-hour trading volume of £46.93M. Currently, Lido DAO Token is valued at 79.54% 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 895,801,548.066 LDO which means that Lido DAO Token has as total market cap of £836,717,026.14.
Market details
LDO vs markets
↘ 39.03%
LDO vs BTC
↘ 37.69%
LDO vs ETH
↘ 34.56%
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 | £0.93 | ↗ 0.08% |
1 Day | £0.94 | ↗ 0.16% |
1 Week | £0.93 | ↘ 0.32% |
1 Month | £0.95 | ↘ 1.52% |
1 Year | £0.84 | ↗ 13.53% |
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 £836.72M. 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 £46.93M.
Assets that have a similar market cap to Lido DAO Token include First Digital USD, Curve DAO Token, Aave CRV V2, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Lido DAO Token is 896 million.
Lido DAO Token ranks 181 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.
Lido DAO Token news
Trending articles
Social stats
Popularity in posts
#455
Contributors
409
Posts
889
% About Lido DAO Token
0.06%
Hold times
0 days
X (Twitter)
32.91% bullish
Sentiment
4.0 ★
Highlights
409 unique individuals are talking about Lido DAO Token and it is ranked #455 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Lido DAO Token has an average sentiment score of 79 out of 5. Finally, Lido DAO Token is becoming less newsworthy, with 0 news articles published about Lido DAO Token.
On Twitter, people are mostly neutral about Lido DAO Token. There were 33.75% of tweets with bullish sentiment compared to 2.57% of tweets with a bearish sentiment about Lido DAO Token. 66.25% of tweets were neutral about Lido DAO Token. These sentiments are based on 882 tweets.
On Reddit, Lido DAO Token was mentioned in 2 Reddit posts and there were 6 comments about Lido DAO Token. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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