Lido DAO (LDO) Perpetual Futures

– 24h · perp mark price

24h volume – vs prior 24h Open interest – · Funding rate (OI-weighted, 8h) – annualised Long / short ratio (24h) – long Liquidations (24h) – longs OI / market cap – Market cap –

Lido DAO price and derivatives history

Daily close and perpetual volume across tracked exchanges

Lido DAO perpetual futures market

More ETH is staked through Lido than through any other liquid staking protocol. Users deposit ETH, receive stETH that accrues staking rewards, and Lido keeps a share of those rewards as a fee split between node operators and the DAO. LDO is the governance token. Perps on LDO let traders bet on Lido's share of staked ETH with leverage, or short it as a hedge against stETH or wider ETH exposure.

Ether's price, demand for staking and Lido's market share are the main drivers. Competition from restaking protocols and other staking providers, governance votes on how LDO captures value, and regulatory views on staking all feed in. Binance leads on volume, with Bybit and OKX next, and Hyperliquid and Gate hold sizeable open interest. A gap between LDO funding and ETH funding shows whether traders favour the token over ether itself.

LDO funding rates LDO open interest LDO liquidations LDO long/short ratio

Ticker: LDO
Asset class: Crypto
Tracked markets: –
Most active venue: –
Funding intervals: –
Trading hours: 24/7
±1% order book depth: –

Lido DAO perpetual markets by exchange

Every tracked LDO perpetual market

#	Exchange	Price	24h	Volume 24h	Open interest	OI 24h	Funding 8h	L/S	Liq. 24h	±1% depth	Trade

Open interest by exchange

Share of total · 24h change

All OI

Liquidations by exchange

Last 24h · long vs short

All liquidations

Taker buy vs sell

Last 4h · buy share of taker volume

Long/short data

Lido DAO perpetual futures FAQ

Live answers use data from every tracked LDO perpetual markets · updated –

What is the LDO funding rate today?

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How much LDO open interest is there?

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What is Lido DAO?

Lido DAO is the organisation that governs the Lido liquid staking protocol, and LDO holders vote on its settings, treasury and node operator set. The protocol lets users stake ETH without running a validator and receive stETH, which can be used across DeFi while earning rewards.

What is LDO perpetual futures trading volume?

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Are traders long or short LDO right now?

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What is stETH?

stETH is the liquid token Lido issues when a user stakes ETH. Its balance grows as staking rewards accrue, and it can be traded, lent or used as collateral in DeFi. It usually trades close to ETH, and withdrawals let holders redeem it for ETH through the protocol.

Does holding LDO earn staking rewards?

No. LDO is a governance token, and holding it does not earn ETH staking rewards. Those rewards go to stETH holders, minus the protocol fee. LDO perps therefore track sentiment toward Lido as a business and its governance, rather than staking yield.

How much LDO was liquidated in the last 24 hours?

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Why does LDO swing more than ETH?

Lido's fee income depends on how much ETH is staked and what that ETH is worth in dollars, so LDO tends to exaggerate ether's moves. Strong ETH rallies usually lift it, and sell-offs often hit it harder. Comparing it with ETH perps helps separate token-specific moves from the wider market.

What are LDO perpetual futures?

LDO perpetual futures are derivatives contracts that track the price of LDO and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any LDO.

How does LDO funding work?

Funding is a payment between longs and shorts. When LDO perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

Where can I trade LDO perpetuals?

Compare venues, fees and features on the best perpetual exchanges page.

Should I long or short LDO?

Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.