Lido DAO price and where to buy LDO

What is Lido DAO?

Lido is the largest liquid-staking service for Ether: users stake ETH through it and receive stETH, a token that earns staking rewards and can still be traded or used elsewhere. LDO is the governance token of the Lido DAO.

How to buy Lido DAO, step by step

1. Pick an exchange. LDO is listed on every exchange we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy LDO. Use the LDO/USDT or LDO/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. LDO is a token on Ethereum, so withdrawing it costs an Ethereum network fee.

Where to buy Lido DAO at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on LDO the venues disagree by about 0.12 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Lido DAO price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.12 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about eight minutes out of every thousand, and reached about 1.3 percent at its widest.

Just under half of the LDO spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Lido DAO price

The wider crypto market, and in LDO’s case its own news too. In our hourly composite, LDO moved with Bitcoin at a correlation of about 0.56, where 1 would mean identical moves, and its moves were about two and a half times the size of Bitcoin’s.

LDO-specific drivers come on top: the amount of ETH staked through Lido, fee changes and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Lido DAO

Pros

• Governance over the largest ETH liquid-staking service.
• Its gap between exchanges spiked less than most coins at this size.

Cons

• LDO carries votes, not a claim on staked ETH.
• Its hourly moves were about two and a half times Bitcoin’s in our data.
• It trades far below its all-time high of about $7.30.

Lido DAO’s highest price

Lido DAO’s all-time high is about $7.30 on volume-weighted data. The chart above shows the last 30 days of our composite, and the LDO to USD converter applies the live price to any amount.