Lido protocol
Overview
Lido is a liquid staking protocol on Ethereum that allows users to stake ETH and receive liquid tokens (e.g., stETH) representing the staked assets, which can be traded or used across decentralized finance applications. Lido previously supported other proof-of-stake chains including Solana, but sunset its Lido on Solana product in 2023. The protocol is governed by the Lido DAO, a decentralized autonomous organization of LDO token holders.
Within the DeFi Intel graph, Lido connects to 90 tracked entities, most strongly to Ethereum, Pendle Finance, Lido Staked ETH.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 5 of 90 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
provides_underlying_for | Pendle Finance | 95% |
issues | Lido Staked ETH | 95% |
charges_fee | Lido Staked ETH | 95% |
has_node_operator | Chorus One | 95% |
More on Lido
Frequently asked questions
What is stETH?
stETH is the liquid staking token users receive when staking ETH through Lido; it accrues staking rewards while remaining transferable and usable in DeFi.
Who governs Lido?
Lido DAO governs the protocol, with LDO token holders voting on parameters, node operator selection and protocol upgrades.
Do users need 32 ETH to stake with Lido?
No. Lido pools user deposits and delegates them to professional node operators, so users can stake any amount and still receive stETH.
Related reading
Sources
Facts on this page were verified against the following sources.