All about Lido (LDO)
Lido enables staking tokens from Ethereum, Solana, Polygon, Polkadot, and Kusama.
Name: Lido Finance / Lido DAO
Symbol: LDO
Token Type: ERC-20
1. Overview
Lido enables staking tokens from Ethereum, Solana, Polygon, Polkadot, and Kusama.
Users can stake ETH, SOL, MATIC, DOT, and KSM and get stETH, stSOL, stMATIC, stDOT, and stKSM respectively and earn yields, lending rewards, and staking rewards.
LDO is an Ethereum-based Governance token for the Lido DAO.
Lido DAO governs multiple liquid staking protocols and LDO holders vote on key parameters such as fees and on protocol upgrades.
The graph below depicts how LDO prices have moved since launch:
Note: Price in USD is in green & in Bitcoin is golden.
The graph below depicts how LDO market capitalization has moved since launch:
Note: Market cap in USD is in blue & in Bitcoin is golden.
The graph below depicts LDO's monthly total revenue vs. tokenholders since launch.
2. Core metrics
Price Metrics
Current Price: $ 2
All-time high: $ 11
All-time low: $ 0.406
Supply metrics
Circulating supply: 313 million LDO
Maximum supply: 1 billion LDO
Total supply: 1 billion LDO
Marketcap & Volume metrics:
Market Capitalization: $ 645 million
Fully Diluted Marketcap: $ 2 billion
Volume (24h): $ 189 million
Volume / marketcap ratio: 0.29
Revenue metrics:
Annualized total revenue: $ 295 million
Annualized protocol revenue: $ 29.5 million
Price-to-earnings (P/E) ratio: 67.23x
Price-to-sales (P/S) ratio: 6.72x
Notes:
· Circulating Supply is the number of coins / tokens in public hands.
· Total Supply is the number of coins / tokens created minus the number burned.
· Maximum Supply is the maximum amount of this crypto that can ever exist.
· Market cap = Current Price x Circulating Supply.
· Fully Diluted Market Cap is the market cap if the maximum supply was in circulation.
· Volume (24h) is the fiat value of this crypto traded over the last 24 hours.
· Volume / market cap ratio = 24h Volume / Marketcap.
· Annualized protocol revenue is the protocol revenue over the previous 30 days multiplied by 365/30. Protocol revenue is the amount of revenue that is distributed to token holders.
· Supply-side revenue is the amount of revenue the project pays to the supply-side participants e.g. liquidity providers.
· Annualized total revenue is calculated as the total revenue over the previous 30 days multiplied by 365/30. Total revenue is the total fees paid by the users over a specific time period.
· Price-to-earnings (P/E) ratio is the fully diluted market cap divided by annualized protocol revenue.
· Price-to-sales ratio is the fully diluted market cap divided by annualized total revenue.
Sources: CoinMarketCap, Messari, Token Terminal, and Future Money Wallet. Some figures may be rounded off. Data is as of 16th September 2022.