Lido

Lido

software
★★★★½4.6(0 reviews)

About

Leading liquid staking protocol for Ethereum, issuing stETH tokens that accrue staking rewards while remaining usable across DeFi.

Overview

Lido is the dominant liquid staking solution on Ethereum with a proven track record since 2020. Its stETH token provides excellent DeFi composability, though its large share of staked ETH has drawn criticism over validator centralization. Overall a high-quality, well-audited protocol.

Pros

  • +Largest liquid staking protocol with deep liquidity
  • +stETH widely accepted across DeFi platforms
  • +Strong security with multi-million dollar audit investment

Cons

  • -Smart contract risk inherent to protocol participation
  • -Dominant market share raises decentralization concerns
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Details

HeadquartersDecentralized / DAO-governed
Founded2020
Typesoftware

Pricing

Model

free

Platforms

web