- 1. Key Takeaways
- 2. Lido DAO (LDO) Key Data (October 2026)
- 3. What Is Lido and How Does It Work in 2026?
- 4. Lido Staked ETH and TVL
- 5. Lido News: What Has Happened in 2026
- 6. LDO Price History
- 7. LDO Price Prediction 2026
- 8. LDO Price Prediction 2027 to 2029
- 9. LDO Price Prediction 2030
- 10. LDO Price Prediction 2035 and 2040
- 11. What Drives the LDO Price?
- 12. Can LDO Reach $1 or $5?
- 13. Key Risks of LDO
- 14. Where to Buy LDO
- 15. Is Lido DAO (LDO) a Good Investment?
- 16. Frequently Asked Questions
Last Updated: October 30, 2026
Quick Answer: Lido DAO (LDO) trades near $0.330 as of October 30, 2026, with a market cap of about $274 million (#110 on CoinMarketCap). It is down about 43% since the end of 2025 and set its all-time low of $0.2367 on June 26, 2026, even though Lido still holds about 9.69 million staked ETH worth about $22.5 billion. CoinCodex expects a December 2026 average of about $0.318 and CoinLore a base case of $0.376, while for 2030 their central estimates range from about $0.203 to $0.617.
Lido is the largest liquid staking protocol on Ethereum: users stake ETH and receive stETH, a token that earns staking rewards and can be used across decentralized finance. LDO is the governance token of the Lido DAO. In 2026 the DAO approved an automated LDO buyback mechanism called NEST and bought about 14.8 million LDO through a separate accumulation program, while LDO fell to new lows in the middle of the year.
Key Takeaways
- LDO trades about 98% below CoinMarketCap’s all-time high of $18.62 from November 16, 2021, and about 40% above its all-time low of $0.2367, set on June 26, 2026
- The token is down about 43% since the end of 2025; it rose about 91% from the end of June to the end of September, then fell about 28% in October, including about 9% in the 24 hours to our check
- Lido holds about 9.69 million ETH, with a TVL of about $22.5 billion according to lido.fi and about $21.7 billion according to DefiLlama, about 82 times LDO’s market cap
- The DAO enacted NEST, an automated buyback that spends part of staking revenue above a $40 million yearly baseline on LDO, in August 2026; Lido’s August update said it had not yet been triggered
- Central estimates put LDO between about $0.318 and $0.376 at the end of 2026 and between about $0.203 and $0.617 in 2030
Lido DAO (LDO) Key Data (October 2026)
| Metric | Value |
|---|---|
| Price (October 30, 2026) | About $0.330 |
| Market Cap | About $274M |
| Fully Diluted Valuation | About $330M |
| CoinMarketCap Rank | #110 |
| 24h Trading Volume | About $84M |
| Circulating Supply | About 829.6 million LDO (83% of max) |
| Max Supply | 1 billion LDO |
| All-Time High | $18.62 (November 16, 2021, CoinMarketCap) |
| All-Time Low | $0.2367 (June 26, 2026) |
| 2026 Range | $0.2367 (June 26) to $0.679 (January 6) |
| 2025 Close | About $0.576 |
| ETH Staked With Lido | About 9.69 million ETH |
| Lido TVL | About $22.5B (lido.fi) / $21.7B (DefiLlama) |
| Lido Staking APR | About 2.3% (lido.fi estimate) |
Sources: CoinMarketCap, CoinGecko, Lido and DefiLlama. CoinGecko ranks LDO #141 and lists a lower all-time high of $7.30 because the two sites use different trading data for November 2021. This article measures the year-to-date change from the December 31, 2025 close; CoinMarketCap’s own figure is a decline of about 46%.
What Is Lido and How Does It Work in 2026?
Lido lets anyone stake ETH without running a validator or locking up their coins. Users deposit ETH and receive stETH, which grows with staking rewards and can be traded or used as collateral. Lido passes the ETH to node operators that run validators; lido.fi lists more than 700, across a curated module, a distributed validator module and the permissionless Community Staking Module.
Lido charges a fee on staking rewards and splits it between node operators and the DAO treasury. According to Lido’s August tokenholder update, the DAO’s share of rewards, called the take rate, rose from about 4.97% in December 2025 to about 6.25% expected for September 2026.
LDO is the governance token. Holders vote on protocol upgrades, fees, node operator rules and treasury spending through Snapshot and on-chain votes. Since July 2025, a Dual Governance system also lets stETH holders delay decisions they oppose by locking stETH in an escrow contract. LDO does not entitle holders to a share of revenue, which is why the 2026 buyback debate mattered for the token. More background is on the official Lido website.
Lido Staked ETH and TVL
On October 30, lido.fi showed 9,694,153 ETH staked and a TVL of $22.50 billion, with an estimated staking APR of 2.3%, and said Lido had paid more than $2.9 billion in rewards since 2020. DefiLlama put Lido’s TVL at about $21.68 billion. LDO’s market cap is about 1.2% of either figure.
Lido’s May update said its 2026 targets were “no longer achievable given current market conditions,” and its August update said Lido’s ETH TVL growth “continued to lag the wider staking market.”
Lido News: What Has Happened in 2026
Buyback debate and NEST. After a March community proposal on Lido’s research forum to buy back LDO or share revenue with LDO stakers, the DAO approved a different design, NEST, through two Snapshot votes. According to Lido’s August 14 overview, NEST compares the DAO’s daily staking revenue with a baseline of $40 million a year and sends 50% of any surplus to buy LDO, with a daily cap of $50,000 and an annual cap of $10 million. At launch, bought LDO goes to the DAO treasury. Lido’s August update said NEST was enacted in August but “has not been triggered yet” because revenue was below the baseline.
LDO Accumulation Program. Separately, the treasury used stETH to buy LDO under a program approved in April. Lido’s August update said it had deployed 2,320 stETH for about 14.8 million LDO at an average price of about $0.30, and that outstanding LDO supply by Lido’s own measure fell by 16.4 million, or 1.8%, since January.
Lido V3 and stVaults. Lido V3 introduced stVaults, which let institutions and operators set up their own staking vaults. Lido’s August update said stVaults TVL doubled in July to about 11,500 ETH, still far below the 1.05 million ETH target Lido had set for 2026. Lido has also announced stVaults deployments with Luganodes, Stakely and, for KR1, P2P.org.
Institutional access. In 2026, Lido announced that Anchorage Digital expanded US institutional access to wstETH, that Sharplink selected Lido for a $200 million ETH staking allocation and that BitGo Bank & Trust extended Lido staking to eligible US clients.
Kelp DAO incident. According to Lido’s May update, an April bridge exploit left Kelp DAO’s rsETH underbacked, which affected Lido’s EarnETH vault. The Lido DAO contributed 2,500 stETH, about $5.7 million at the time of transfer, to the DeFi United recovery effort. EarnETH was frozen for 27 days, and Lido reported a final loss of 0% for depositors. Lido said no staking user funds had been lost since its 2020 launch.
Finances. Lido’s August update reported net DAO revenue of $15.9 million in the first half of 2026 against $14.3 million in expenses, and a loss of about $4.5 million after a one-off $6.1 million Kelp expense.
LDO Price History
| Date | Key Level (CoinMarketCap) |
|---|---|
| November 16, 2021 | All-time high of $18.62 (CoinGecko: $7.30) |
| End of 2025 | $0.576 |
| January 6, 2026 | 2026 high of $0.679 |
| End of March 2026 | $0.329 |
| June 26, 2026 | All-time low of $0.2367 |
| End of June 2026 | $0.240 |
| End of September 2026 | $0.457 |
| October 30, 2026 | About $0.330 |
LDO peaked at $0.679 on January 6, fell 20% on February 5 and ended February at $0.306. After a partial recovery in April, it slid to its all-time low of $0.2367 on June 26 and ended June at $0.240, about 58% below its 2025 close. It then rose about 91% to $0.457 by the end of September, touching $0.502 on September 25, before falling about 28% in October.
LDO Price Prediction 2026
| Source | Low | Average | High |
|---|---|---|---|
| CoinCodex (December 2026) | $0.3171 | $0.3176 | $0.3181 |
| CoinLore (bear / base / bull) | $0.2253 | $0.3755 | $1.35 |
CoinCodex expects LDO to end 2026 near $0.317 to $0.318, about 4% below today’s price. CoinLore’s base case of $0.3755 would be a gain of about 14%, while its bear case of $0.2253 is below the June all-time low and its bull case of $1.35 is about four times today’s price. CoinCodex updated its page on October 29 and CoinLore on October 30.
We do not use Changelly’s LDO forecast because its page is dated September 22 and built on a price of $0.44, about a third above today’s.
LDO Price Prediction 2027 to 2029
| Year | CoinCodex (December average) | CoinCodex Range |
|---|---|---|
| 2027 | $0.1806 | $0.1704 to $0.1879 |
| 2028 | $0.1941 | $0.1920 to $0.1998 |
| 2029 | $0.1697 | $0.1674 to $0.1727 |
CoinCodex’s path falls below $0.20 in 2027 and stays there through 2029, about 41% to 49% below today’s price. The model extrapolates past prices.
LDO Price Prediction 2030
| Source | Low | Average | High |
|---|---|---|---|
| CoinCodex (December 2030) | $0.1986 | $0.2031 | $0.2126 |
| CoinLore (bear / base / bull) | $0.3701 | $0.6168 | $3.72 |
CoinCodex expects about $0.203, roughly 39% below today’s price. CoinLore’s base case of $0.617 would be a gain of about 87%, and its bull case of $3.72 would be about 11 times today’s price.
All forecasts are third-party model estimates, not investment advice.
LDO Price Prediction 2035 and 2040
Long-range forecasts are highly speculative. CoinCodex projects December averages of about $0.399 for 2035 and $0.529 for 2040, gains of about 21% and 60%. CoinLore’s base cases are $2.33 for 2035 and $5.62 for 2040, and its 2040 bull case is $17.02, close to the 2021 high on CoinMarketCap.
What Drives the LDO Price?
- Ethereum staking: Lido’s revenue comes from a share of ETH staking rewards, so the ETH price, the staking yield and Lido’s share of staked ETH matter most. Our Ethereum price prediction covers ETH.
- Buybacks: NEST only buys LDO when staking revenue beats a $40 million yearly baseline, and its annual cap of $10 million is small next to daily LDO volume of about $84 million.
- Institutional products: stVaults and US custody partners could add demand for stETH, but stVaults remain far below target.
- DeFi risk events: the April Kelp DAO incident showed how problems elsewhere in DeFi can hit Lido’s products and finances. Our Aave price prediction covers a major lending market for wstETH.
Can LDO Reach $1 or $5?
$1 appears only in bull cases in the near term: CoinLore’s bull case passes $1 in 2026, while no central estimate we track reaches $1 before 2035, when CoinLore’s base case is $2.33, rising to $5.62 in 2040. LDO has not traded at $1 within the past year; its 52 week high is about $0.906.
| LDO Price | Market Cap Needed | Fully Diluted Value | Multiple of Today’s Price |
|---|---|---|---|
| $0.50 | About $415M | $500M | About 1.5x |
| $1 | About $830M | $1B | About 3.0x |
| $2 | About $1.66B | $2B | About 6.1x |
| $5 | About $4.15B | $5B | About 15x |
Key Risks of LDO
- Weak price trend: LDO is down about 63% over the past year and set an all-time low in June 2026
- No direct revenue share: LDO is a governance token; NEST buybacks depend on revenue beating a baseline and had not been triggered as of Lido’s August update
- Competition: Lido’s August update said its growth lagged the wider staking market, and other liquid staking and restaking products compete for ETH
- Smart contract and DeFi risk: Lido reports no loss of staking user funds since 2020, but the Kelp DAO incident cost the DAO about $6.1 million
Where to Buy LDO
LDO trades on large exchanges including Binance, Bybit, OKX, Gate and MEXC, mostly against USDT. LDO is an ERC-20 token on Ethereum, with bridged versions on Arbitrum, Optimism and Polygon, so check which network an exchange uses before withdrawing. Our guide to the best crypto exchanges compares fees and features, and our crypto wallets guide explains how to store tokens safely. Before acting on claims about buybacks, listings or governance votes, check Lido’s own channels; our guide on how to verify crypto news and rumors explains how.
Is Lido DAO (LDO) a Good Investment?
That depends on your view of Ethereum staking and of governance tokens. The bull case rests on Lido’s scale, a rising take rate, new institutional partners and a buyback mechanism already in place. The bear case is that LDO fell to an all-time low in 2026, holders have no direct claim on revenue and NEST had not yet bought any LDO by Lido’s August update.
Further losses are possible. For more forecasts across the market, see our crypto price predictions.
Data sources: CoinMarketCap (price, market cap, supply, all-time high and low, price history), CoinGecko, DefiLlama, lido.fi, Lido’s blog and tokenholder updates, Lido’s research forum, and the forecast pages of CoinCodex and CoinLore (Changelly checked, not used), as of October 30, 2026.
Frequently Asked Questions
What is the Lido DAO price prediction for 2026?
Central estimates put LDO between about $0.318 and $0.376 at the end of 2026, against a late October price of about $0.33. CoinCodex expects a December average of about $0.318, slightly lower, while CoinLore’s base case of $0.376 would be a gain of about 14%. CoinLore’s bear and bull cases are $0.225 and $1.35. These are model estimates, not guarantees.
What is the LDO price prediction for 2030?
The models disagree. CoinCodex expects a December 2030 average of about $0.203, roughly 39% below the late October price, while CoinLore’s base case is about $0.617, a gain of about 87%. CoinLore’s bull case is $3.72. For 2040, central estimates range from about $0.53 at CoinCodex to $5.62 at CoinLore, so the long-term range is very wide.
What is Lido DAO and how does it work?
Lido is a liquid staking protocol. Users deposit ETH and receive stETH, a token that earns staking rewards and can be used in DeFi, while node operators run the validators. Lido takes a fee on rewards and shares it between operators and the DAO. LDO is the governance token that holders use to vote on upgrades, fees and treasury spending.
How much ETH is staked with Lido?
On October 30, 2026, lido.fi showed about 9.69 million ETH staked, with a TVL of about $22.5 billion and an estimated staking APR of 2.3%. DefiLlama put Lido’s TVL at about $21.7 billion. Lido says it has paid more than $2.9 billion in rewards since 2020. LDO’s market cap of about $274 million equals roughly 1.2% of that TVL.
Is Lido buying back LDO?
Yes, in principle. In August 2026 the DAO enacted NEST, which buys LDO when daily staking revenue beats a $40 million yearly baseline, capped at $50,000 a day and $10 million a year. Lido’s August update said it had not yet been triggered. Separately, the treasury bought about 14.8 million LDO with 2,320 stETH through its accumulation program.
Can LDO reach $1?
Only bull cases reach $1 in the near term; no central estimate we track does so before 2035, when CoinLore’s base case is $2.33. With about 830 million LDO in circulation, $1 would mean a market cap of about $830 million, roughly three times late October levels. LDO traded near $0.91 within the past year, so $1 is not far above recent highs.
Is Lido DAO a good investment?
That depends on your view of Ethereum staking and your risk tolerance. Supporters point to Lido’s roughly $22 billion in staked ETH, a rising fee share and new buyback tools. Critics point to an all-time low in June 2026, no direct revenue share for LDO and slower growth than the wider staking market. Further losses are possible, so treat any position as high risk.
Nothing in this article is financial advice. Cryptocurrency investments carry substantial risk.
More on this topic: Cryptocurrency Price Predictions and Arbitrum (ARB) Price Prediction 2026 to 2040: Can ARB Reach $1?.