2025 FinTech Australia Award Winner

Excellence in Web3 (Blockchain or Crypto)

Crypto coin

Sell LDO (LDO) for AUD

$1.91 AUD

 6.07% ()

loading

Instant Buy

Price in Australian Dollars (AUD) in real time

AUD
Australia flag
Arrow down
LDO
Crypto currency
Grow

Spot rate: $1.91 AUD

Sign in to buy LDO

What is Lido Dao (LDO)?

The Lido Protocol, which offers a decentralised alternative for Ethereum staking, is powered by the digital asset Lido Dao (LDO). It aims to make it possible for users to stake their Ethereum tokens and earn rewards while keeping their staked assets liquid and accessible.

The History of Lido Dao

In 2020, Lido Dao was introduced as a decentralised, community-driven protocol that offers an Ethereum staking-as-a-service solution. It was developed to overcome the drawbacks of conventional Ethereum staking, including the requirement to store tokens for a set amount of time, the lack of liquidity, and potential risks related to operating a validator node.

The Use Case of Lido Dao

Lido Dao intends to give Ethereum owners a simple and safe way to take part in staking and earn rewards without having to manage their own validator nodes or lock up their tokens for a set amount of time. Through the Lido Protocol, users can stake their Ethereum tokens and earn Lido Dao (LDO) tokens as a reward. The Lido Protocol is governed by the LDO tokens, which give holders the ability to vote on crucial judgements and suggestions pertaining to the protocol's operation and future advancement.

Additionally, Lido Dao highlights its dedication to decentralisation, security, and transparency. A decentralised autonomous organisation (DAO) that is controlled by the owners of LDO tokens oversees the protocol. A multi-signature key management system is also used by Lido Dao to guarantee the security of staked assets.

websiteCommunityTwitter

LDO Price Statistics

coingecko
LDO Price
$1.91
24H Low/24H High
$1.80/$1.93
7D Low/7D High
$1.753/$1.928
Trading Volume
$155,765,109.00
Market Cap Rank
#112
Market Cap
$1,729,493,560.00
Volume/Market Cap
$0.090064
All-Time High
$10.26 -81.31%
20 Aug 2021 (about 4 years)
All-Time Low
$0.586 227.19%
18 Jun 2022 (about 3 years)
Trade 350+ Supported Coins

How to buy Bitcoin and build your crypto portfolio

Trade over 350+ Supported Coins with AUD

Block earner
How to buy
  • 1.

    Sign Up

    Open your account

  • 2.

    Get Verified

    Verify your identity

  • 3.

    Move Your Money

    Get started in minutes

Get Started
Arrow

Newsroom

Stay updated

Supported Coins

Trade 350+ Cryptocurrencies

Get in touch

Contact us