Price history
Market cap
0,30 Mrd €
Volume traded (24h)
0,008 Mrd €
Circulating supply
896.924.006 LDO
All-time high (ATH)
7,30 €
Distance from ATH
-95,3%
Market cap rank
#95
What is Lido DAO
Lido DAO is the governance token of the largest liquid staking protocol for Ethereum, which lets users stake their ETH to earn network rewards while receiving a liquid token (stETH) in return, usable in other DeFi applications without needing to lock up funds.
Liquid staking solved one of the main limitations of traditional Ethereum staking, which otherwise requires locking up 32 ETH and giving up liquidity; Lido made this process accessible even to those holding smaller amounts of ETH, becoming the sector's dominant protocol.
Frequently asked questions
Is Lido DAO regulated in the UK?
As with most cryptocurrencies, Lido DAO is not covered by FCA regulation in the same way as regulated investments; the FCA has warned that crypto assets carry a high risk of losing all invested capital.
What is liquid staking?
It allows staking cryptocurrencies like ETH while receiving a liquid representative token (e.g. stETH) in return, usable in other DeFi applications, without needing to lock up the original funds for the entire staking period.
How is Lido DAO taxed in the UK?
Cryptoasset gains are generally subject to Capital Gains Tax in the UK, with an annual tax-free allowance. Always check current HMRC guidance.