Lido — Ethereum Staking Provider Profile
Lido is the largest Ethereum liquid staking protocol, controlling over 28% of all staked ETH and issuing the stETH token.
Overview
Lido Finance is a decentralized liquid staking protocol that allows any amount of ETH to be staked without a 32 ETH minimum. Users receive stETH (staked ETH) tokens representing their deposit plus rewards. stETH is widely integrated across DeFi, usable as collateral on Aave, traded on Uniswap, and wrapped as wstETH for yield-bearing positions. Lido's validator set consists of 30+ professional node operators selected by the Lido DAO.
Validators & Performance
Lido validators collectively achieve ~99.0% uptime with attestation effectiveness above 98%. The multi-operator model provides excellent resilience, though concentration (28%+ of all staked ETH) raises centralization concerns for the Ethereum network. The Lido DAO controls protocol upgrades through LDO governance tokens.
| Metric | Value |
|---|---|
| Active Validators | 290,000+ |
| Network Share | 28.4% |
| Estimated APY | 3.4% |
| Minimum Stake | No minimum |
| Commission Fee | 10% |
| Founded | 2020 |
| Staking Type | Liquid Staking Protocol |
How to Stake with Lido
- Connect a Web3 wallet (MetaMask, Ledger, etc.) to lido.fi
- Enter the amount of ETH to stake (any amount)
- Click 'Stake' and confirm the transaction in your wallet
- Receive stETH at a 1:1 ratio to your staked ETH
- Your stETH balance increases daily as rewards accrue
- Use stETH in DeFi or wrap to wstETH for yield strategies