24 hour low
$1.919
24 hour high
$2.148
Market cap ranking
#53
Market cap
$1.88B
24 hour volume
$58.9M
Circulating supply
891.71M
Total supply
1B
The current price of Lido DAO is $2.109, with a 24-hour trading volume of $58,902,847.98. In the last 24 hours, the price of Lido DAO increased by 8.41%. With a circulating supply of 891,714,455.463 LDO and a maximum supply of 1,000,000,000.00 LDO, Lido DAO's fully diluted market cap stands at $2,109,485,380.64. Currently, Lido DAO ranks #53 by market cap.
Lido DAO (LDO) is a governance token for the Lido protocol, which is a decentralised platform that allows users to stake their Ethereum (ETH) tokens and earn rewards without having to run their own nodes. Lido aims to make it easier for ETH holders to participate in the Ethereum network's proof-of-stake (PoS) consensus mechanism, which is used to validate transactions and add new blocks to the blockchain. By staking their ETH through Lido, users can earn staking rewards and participate in network governance. Lido DAO is responsible for governing the Lido protocol, including decisions related to protocol upgrades, fee structures, and other changes. LDO holders can participate in governance by submitting proposals and voting on changes to the protocol. LDO is an ERC-20 token, which means it runs on the Ethereum blockchain. LDO can be stored in any wallet that supports ERC-20 tokens, and can be traded on various cryptocurrency exchanges.