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Lido is a decentralized liquidity provider. LDO is the native utility token of the platform. Lido was the biggest Ether staking provider before Coinbase entered the market. The Lido platform is governed by LDO token owners as a DAO. But there are claims that the platform is becoming more centralized by some LDO accumulator whale wallets.
With a total market cap of over $1.3 billion, Lido DAO is the No. 32 cryptocurrency by market size. The currency symbol for Lido DAO is LDO. Lido DAO is the token issued by the Lido platform. There will only ever be 1 billion Lido DAO tokens issued. So far 890 million tokens (89% of the total supply) have been issued.
We found crypto protocols offering up to 538.7% APY on Lido DAO deposits (538.7% APY DeFi) and loans as low as 6.9% APR against Lido DAO used as collateral. Check out our Lido DAO staking yields table and Lido DAO loan rates table for further details.
The technical price analysis for Lido DAO below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Lido DAO.
Currently 40% of users are positive about Lido DAO.
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