Lido Finance

formerly Lido

Liquid Decentralized Simple Staking with stETH

Finland · Founded 2020 · $167.0M raised

Employees
51–200
Founded
2020
Business Model
Marketplace
Website
lido.fi
Total Funding
$167.0M
Last Round
$24.0M Venture RoundSep 2022
Rounds
3

About

Lido is a decentralized liquid staking protocol launched in December 2020, shortly after Ethereum's Beacon Chain went live. It allows users to stake ETH without locking assets or maintaining validator infrastructure, issuing stETH tokens that represent staked ETH and accrue staking rewards in real time. stETH integrates with 100+ DeFi applications including Aave, Curve, Uniswap, and Ledger. Governed by Lido DAO and LDO token holders, the protocol operates a distributed set of 800+ node operators across multiple staking modules—Curated, Simple DVT, and Community Staking—to maximize decentralization and resilience. With over $20B in total value locked, Lido is Ethereum's leading liquid staking solution.

Summary

Lido Finance is a Crypto & Web3 company based in Finland, founded in 2020. It has raised $167.0M in total across 3 rounds, most recently a $24.0M Venture Round round in Sep 2022. Investors include Dragonfly Capital, a16z crypto and Andreessen Horowitz.

Tech & App Stack

5 technologies & apps tracked

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Funding History

Venture RoundVenture RoundSep 2022
$24.0M

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Venture Round — per-round amounts, valuations, and who invested in each round.

Investors

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