Lido Finance
Lido is the largest liquid staking provider for Ethereum, enabling users to stake ETH while keeping liquidity via tokenized staking derivatives (like stETH).
Category: Liquid staking
Products / brands: Lido (stETH and liquid staking stack)
Lido is the largest liquid staking provider for Ethereum, enabling users to stake ETH while keeping liquidity via tokenized staking derivatives (like stETH). This matters for mainstream adoption because it turns staking into a liquid, composable building block for DeFi–used in lending, liquidity pools, and structured products. DefiLlama’s liquid staking rankings list Lido with ~$25.71B TVL, making it one of Ethereum’s largest “capital pools.” Liquid staking is also deeply relevant for institutional ETH strategies (ETF vs staking debates) and for users comparing ETH yield opportunities to other smart contract networks.
Key metric: TVL ~ $25.71B (DefiLlama liquid staking ranking).
Sources: DefiLlama liquid staking (Lido): https://defillama.com/liquid-staking
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