Lido DAO Token

24h change: +2.57%. From $0.3833 to $0.3932.

• The Lido DAO approved a $20 million buyback of LDO tokens using treasury stETH near all-time lows, sparking a 30% price rally that outperformed the broader DeFi sector downturn. This one-off program aims to enhance token value and liquidity. It demonstrates proactive governance to support the ecosystem during market weakness.
• After the Kelp DAO LayerZero bridge exploit minted 116,500 unbacked rsETH, DeFi United raised over $300 million including Lido's proposed 2,500 ETH contribution to refill backing and stabilize markets. The Lido DAO proposal passed main voting and enters objection phase ending April 28. This coordinated response aims to unfreeze Aave and other lending markets and restore confidence in liquid staking derivatives.
• The April 18 Kelp DAO exploit led to DeFi contagion with rsETH used to borrow heavily on Aave, prompting freezes and relief plans. Lido alongside Aave, , and others committed funds to normalize rsETH oracle and clear positions. Resolving this supports broader liquid staking and lending health.

24h change: +0.37%. From $0.387 to $0.3884.

• DeFi leaders including Lido responded to the April 19 Kelp DAO $292 million exploit by forming DeFi United relief fund. Lido paused earnETH vault with rsETH exposure and proposed up to 2,500 stETH about $5.8 million to cover shortfalls. Core stETH staking remains secure unaffected.
• Lido DAO approved using up to 10,000 stETH from treasury to buyback LDO near all-time lows set in March. The one-time program utilizes market opportunities to acquire tokens cheaply. It supports governance and coincides with price rise from $0.27 lows.

24h change: -2.98%. From $0.3808 to $0.3695.

• Lido Labs submitted a proposal to the DAO to allocate up to 2,500 stETH to help cover the rsETH backing shortfall from Kelp's LayerZero bridge exploit. This contribution forms part of a coordinated, fully funded recovery package involving multiple parties to avoid broader DeFi disruptions like market stress and forced liquidations. The effort protects Lido-linked products and underscores ecosystem collaboration.
• Lido DAO outlined a $60 million budget for 2026 to build new earn products including stablecoin yield and vaults for institutions and treasuries. This expands from core ETH staking to create diverse revenue streams and enhance protocol resilience. The proposal, dubbed GOOSE-3, aims to attract broader demand across asset classes.

24h change: +21.42%. From $0.3694 to $0.4485.

• Lido Labs submitted a proposal to the DAO to allocate up to 2,500 stETH to help cover the rsETH backing shortfall from Kelp's LayerZero bridge exploit. This contribution forms part of a coordinated, fully funded recovery package involving multiple parties to avoid broader DeFi disruptions like market stress and forced liquidations. The effort protects Lido-linked products and underscores ecosystem collaboration.
• Lido DAO outlined a $60 million budget for 2026 to build new earn products including stablecoin yield and vaults for institutions and treasuries. This expands from core ETH staking to create diverse revenue streams and enhance protocol resilience. The proposal, dubbed GOOSE-3, aims to attract broader demand across asset classes.

24h change: +21.42%. From $0.3694 to $0.4485.

• Lido Labs submitted a proposal to the DAO to allocate up to 2,500 stETH to help cover the rsETH backing shortfall from Kelp's LayerZero bridge exploit. This contribution forms part of a coordinated, fully funded recovery package involving multiple parties to avoid broader DeFi disruptions like market stress and forced liquidations. The effort protects Lido-linked products and underscores ecosystem collaboration.
• Lido DAO outlined a $60 million budget for 2026 to build new earn products including stablecoin yield and vaults for institutions and treasuries. This expands from core ETH staking to create diverse revenue streams and enhance protocol resilience. The proposal, dubbed GOOSE-3, aims to attract broader demand across asset classes.