Lido protocol
Overview
Lido operates as a liquid staking protocol enabling users to stake tokens on proof-of-stake networks, including Ethereum and Solana. The protocol issues liquid tokens, such as stETH, which represent the staked assets and are tradeable or usable within decentralized finance applications. Governance of the protocol is conducted by the Lido DAO, a decentralized autonomous organization comprising LDO token holders.
Within The Counterparty graph, Lido connects to 90 tracked entities, most strongly to Ethereum, Solana, Pendle Finance.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 90 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Solana | 95% |
provides_underlying_for | Pendle Finance | 95% |
supports_token | Lido Staked ETH | 95% |
issued_by | Lido Staked ETH | 95% |
charges_fee | Lido Staked ETH | 95% |
deployed_on | Moonbeam | 95% |
node_operator_for | Chorus One | 95% |
mentions | Kelp DAO exploit triggers crisis of confidence in DeFi | 95% |
deployed_on | Moonriver | 95% |
The dated record
6 dated entries on file, most recent first.
- Apr 2026 Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit — Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit Aave is rallying the DeFi ecosystem under a coordinated effort it's calling "DeFi United" to help make users whole... thedefiant.io
- Apr 2026 Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallout — In brief - Aave and a coalition of DeFi protocols are mounting a coordinated recovery effort dubbed "DeFi United" to absorb bad debt from the April 18 KelpDAO exploit. - Commitments span multiple plat... decrypt.co
- Apr 2026 Aave Mobilizes DeFi Giants to Contain $292M KelpDAO Fallout — Aave Mobilizes DeFi Giants to Contain $292M KelpDAO Fallout In the aftermath of the April 18 exploit that left KelpDAO’s rsETH with a significant backing shortfall, Aave’s service providers have taken... cryptopotato.com
- Apr 2026 Aave rallies DeFi partners to contain fallout from $292 million KelpDAO hack — Aave rallies DeFi partners to contain fallout from $292 million KelpDAO hack Industry players are coordinating a recovery effort as the year's biggest crypto theft rattled Aave, with Lido and EtherFi... coindesk.com
- Apr 2026 DeFi United Fundraising Chips Away at Kelp Exploit Shortfall — DeFi United Fundraising Chips Away at Kelp Exploit Shortfall The "DeFi United" industry recovery effort spearheaded by Kelp and Aave Labs has filled 73,700 ETH of the 163,200 ETH hole from the April 1... thedefiant.io
- Apr 2026 Kelp DAO exploit triggers crisis of confidence in DeFi — A version of this story appeared in The Decentralised newsletter on April 21. Sign up here. The crypto mood is grim. At $293 million stolen, this weekend’s Kelp DAO-LayerZero exploit is the 10th large... dlnews.com
Questions on the record
What is stETH?
stETH is the liquid staking token issued to Lido users who deposit ETH. It accumulates staking rewards and remains transferable, allowing use in DeFi protocols.
Who governs Lido?
Lido DAO governs the protocol. LDO token holders vote on parameters, node operator selection and protocol upgrades.