Stakers deposit funds into Lido and receive a return on investment in the form of staking rewards (supply-side fees).

Lido is a non-custodial staking protocol built on Ethereum and other blockchains. Lido was founded by a pseudo-anonymous team and launched in 2020.

LDO tokenholders own and govern the protocol. They currently take a cut of the total staking rewards earned by the protocol (revenue). Lido’s investors include ParaFi Capital, Bitscale Capital, KR1, etc.

governance

github

twitter

discord

etherscan

website

Liquid staking

Lido Finance

# Token turnover (circulating) Methodology

## Overview

Token turnover (circulating) measures how frequently a project's token changes hands relative to its circulating market cap. It is calculated as the average daily token trading volume divided by the circulating market cap, indicating liquidity and trading activity relative to the token's circulating valuation.

${token_trading_volume} / ${market_cap_circulating}

Average daily token trading volume divided by circulating market cap.

Lido FinanceLDO

Token turnover (circulating)

Token turnover (circulating)

Competitive landscape