Lido Analytics: December 11 - 18, 2023
Lido Analytics: December 11 - 18, 2023
Lido TVL decreased by 7.05% to $20.31b due to a correction in token prices and an outflow of staked ETH. The stETH APR remained stable with a 7-day moving average of 3.84%. There was an outflow of staking deposits with a decrease of 69,824 ETH over the past week. The amount of stETH in lending pools and liquidity pools also decreased by 1.20% and 1.15% respectively. Additionally, the amount of wstETH bridged to L2 decreased slightly by 0.08%. However, the amount of wstETH bridged to Cosmos increased moderately by 2.40%.
馃搱 Lido Analytics: Nov 27 - Dec 4, 2023 TLDR: - Lido TVL up by 6.93% to $20.48b. - 1st in net new 7d ETH staking deposits with 77k ETH total. - stETH staking APR up with the 7d MA at 3.73%. - wstETH on @BuildOnBase sees +35.96% growth in deposits to reach 3,018 wstETH.
馃搱 Lido Analytics: December 11 - 18, 2023 TLDR: - Lido TVL down 7.05% to $20.31b. - stETH APR stable with 7d MA at 3.84%. - Outflow of staking deposits - -69,824 ETH over the last week. - stETH in lending pools & liquidity pools fell -1.20% & -1.15%, to 3.21m & 130k stETH.
馃搱 Lido Analytics: November 6 - 13, 2023 TLDR: - Lido TVL up +8.84% to $18.48b. - Lido 2nd in net new ETH staking deposits with 70,432. - stETH APR 7d MA at 3.90%. - wstETH bridged to L2 up by 7.63% to 167,437 wstETH. - wstETH launches on Base with 230 wstETH first week.
馃搳 Lido Analytics: December 4 - 11, 2023 - TVL up +6.66% to $21.85b. - Net outflow of staked ETH with a decrease of 67,328 ETH. - stETH APR up with 7d MA at 3.89%. - (w)stETH in liquidity pools up +2.79% to 131.5k stETH. - (w)stETH in lending pools down -4.78% to 3.25m stETH.
馃搱 Lido Analytics: November 20 - 27, 2023 TLDR: - TVL up 5.16% to a new high of $19.15b. - Lido 1st in net new ETH staking deposits with 226,229 ETH in 7 days. - Main driver was ETH deposits due to Blast with 170,388 ETH. - wstETH bridged to L2 up +0.60% to 172,874 wstETH.
馃搱 Lido Analytics: November 13 - 20, 2023 TLDR: - TVL fell -1.43% to $18.21b. - Lido led in new ETH staked with 25,440 ETH. - stETH APR fell slightly with the 7d MA at 3.82%. - wstETH bridged to L2 up +2.64% to 171,850 wstETH. - wstETH on Cosmos up +8.41% to 3,596 wstETH.
GK8 by Galaxy Launches Institutional Custody Support for stETH
GK8 by Galaxy has integrated support for institutional custody of stETH, Lido's liquid staking token. This development combines: - GK8's Impenetrable Vault technology - uMPC cosigning framework - Access to over $30B of stETH liquidity The integration provides institutional asset managers with a secure pathway to earn Ethereum staking rewards at scale. This follows Komainu's similar move in May 2025, indicating growing institutional interest in liquid staking. Learn more: [GK8 Custody Launch](http://blog.lido.fi/gk8-galaxy-launches-custody-for-lido-steth)
Lido Announces First Tokenholder Update Call
Lido Labs is hosting its inaugural Tokenholder Update Call on August 14 at 2:00 PM UTC. Key discussion points: - Strategic roadmap and priorities - Financial updates - Long-term LDO token alignment - Protocol success metrics This follows the successful Community Update Call #2, which covered: - Delegation systems - Community and Institutional Staking - SimpleDVT Module implementation - Dual Governance structure [Register for the call](http://lu.ma/5pavcvdj)
SEC Provides Regulatory Clarity on Liquid Staking
The SEC has issued significant guidance confirming that liquid staking tokens like stETH are not securities, marking a major milestone for the industry. Key points: - SEC's Division of Corporation Finance explicitly states liquid staking doesn't involve securities - Commissioner Peirce compares it to traditional deposit receipts - **Removes major regulatory uncertainty** for Lido and similar protocols This clarity opens new opportunities: - Easier integration with U.S. financial institutions - Reduced barriers for DeFi protocols using stETH - Potential expansion of centralized exchange support The guidance particularly benefits Lido, the leading liquid staking protocol, by legitimizing its model in one of the world's largest markets.
Lido CSM Vulnerability Patched, No User Funds Affected
A security vulnerability in Lido's CSM and permissionless verifier contract was discovered and successfully mitigated. Key points: - No exploitation occurred - stETH holders and CSM Node Operators remained unaffected - Fix implemented through Oracle mitigation and DAO vote 190 - Whitehat researcher received bug bounty via Immunefi program Related update: InfStones Node Operator voluntarily exiting all validators and rotating to new keys as precautionary measure. All ETH will be re-staked through protocol's standard withdrawal process. More details: [Lido Research Forum](https://research.lido.fi/t/post-mortem-csverifier-weak-validation-of-the-historical-block-gindex-user-funds-remain-safe/10466)
Lido CSM v2 Testnet Launch Brings Enhanced Home Staking Features
Lido has launched the CSM v2 Testnet, introducing significant improvements to their permissionless staking module. The update features five key components: - Identified Community Stakers system - Differentiated Reward Structure - Enhanced Performance Oracle - Precision Strike System - EIP-7002 Support The platform enables Ethereum validation with as little as 2.4 ETH (potentially down to 1.3 ETH). Since October, CSM has attracted 440+ node operators and represents over 2% of Lido stake. Testnet participation counts as experience for becoming an Identified Community Staker, offering benefits like lower bonds and higher rewards. [Get started with the CSM Guide](http://docs.lido.fi/run-on-lido/csm)