Lido DAO
LDO#135 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
Lido DAO is for liquid staking. We have not written its record yet, so its promises are not checked. It trades at $0.3553, #139 of all coins by size, 95% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #2 of 27 liquid staking coins. Nothing to be careful of on the record.
Is it real?
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2 of 4
- ✓A real-world jobReal-world purpose: liquid staking
- ✓Real backingBacking: backed by Paradigm; in the GMCI Index; trades on Coinbase, Crypto.com, Kraken
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- –Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.
Backed by Paradigm and 4 more
- Origin20 August 2021about about 5 yearsstake.lido.fi, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingParadigm, Coinbase Ventures, Multicoin Capital, DragonFly Capital, Andreessen Horowitz (a16z)Investor tags from CoinGeckoIndex: GMCI Index, Coinbase 50 IndexListed on Coinbase, Crypto.com, Kraken, Bitstamp
- Standing on the recordNo recordNo dated promise to judge yet4 headlines last month72,808 people keep it on a CoinGecko watchlistNo corrections needed so far
It is already worth more than the typical coin in Liquid Staking ($14.12M). To match the leader, Pendle ($408.74M), its price would need to rise 38%, to about $0.49.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Only 4 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Liquid staking
36 coins tagged Liquid Staking, worth $1.49B together. #2 of 36 by worth.
Liquid Staking: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Lido DAO$296.39Mthis coin−3.8%83% outno record
Pendle$408.74M1.4× bigger, +$112.35M+4.8%, gap +8.6no maxnone dated
Jito$234.06M1.3× smaller, −$62.33M+3.2%, gap +7.1no maxnone dated
Kinetiq$56.08M5.3× smaller, −$240.32M−2.4%, gap +1.428% outno record
Babylon$49.85M5.9× smaller, −$246.54M−14.6%, gap −10.8no max0 of 8 delivered
Ankr Network$46.56M6.4× smaller, −$249.83M+0.4%, gap +4.2100% outno record
SSV Network$41.17M7.2× smaller, −$255.23M−4.1%, gap −0.2no maxno record
Capricorn$40.97M7.2× smaller, −$255.42M+0.9%, gap +4.728% outno record
Liquid Staking: this coin next to Pendle, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Lido DAO says
- .
- Pendle says
- Pendle describes itself as a platform for trading crypto yield.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
No description on file.
Problem it says it solves: liquid staking. 36 coins are working on it and together they are worth $1,485,494,379. This coin is 20% of that.
Where it trades: Coinbase, Crypto.com, Kraken, Bitstamp, Binance
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $7.30 on 20 August 2021. Today is 5% of that.
83%
of all LDO that will ever exist is already out in public hands: 834.15M coins.
17% (165.85M coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Runs a staking service
The project stakes other people's coins. What its own coin gets you is whatever its pages say, usually a vote and a share of fees.
- A vote on how the project is run
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 834.15M of 1B.
- 165.85Mcoins still to be released, 17% of the maximum. Releases can add selling pressure.
- 1.2×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $7.30 on 20 August 2021. That is −95.1% from the top.
- #139by market cap, $296,394,105.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $24.47B is locked in it right now
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Headlines per day, last 30 days
4 headlines named this coin in the last month.
What they were about
- Price1
- Price of Lido Dao (LDO) today in EUR – Quote and market trends
- Lido DAO to Hold Institutional Staking Discussion on September 17th
- Lido Introduces ValOS To Strengthen Ethereum Validator Operations And Raise Standards
- Lido DAO's 26.3-Point Swing: Forces Behind LDO's Volatility
Headlines are the publishers' own. News is never placed next to price.
The record itself
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy