Lido (LDO) — Onchain News & Whale Tracking

Suspected Lido team-owned address has transferred 11.11 million LDO to a CEX in the last 3 days, or may continue to transfer 19.41 million LDO.

On May 16th, according to Chain.info, within the past 3 days, two addresses, one of which may belong to the Lido Finance team, have transferred 11.11 million LDO tokens ($11.53 million) to Binance, OKX, Bybit, and Gate Exchange. Just 5 hours ago, they further moved 19.41 million LDO tokens ($19.25 million), and it is expected that these tokens will be transferred to major centralized exchanges (CEX) next.

Defillama Founder: Hacker Breaches Lido Oracle Multisig, Steals 1.4 ETH and Reveals Location

On May 11th, 0xngmi, the founder of Defillama, posted on the X platform stating that hackers were able to penetrate an address in the multisig of the Lido oracle and steal 1.4 ETH. After that, their traces were exposed. 0xngmi added that it might be worthwhile to put some easily traceable coins into a multisig wallet to serve as a canary and issue an alert if the wallet is compromised.

Lido DAO Initiates Emergency Proposal to Replace Oracle Node Suspected of Key Leak, Protocol Operation Unaffected

On May 11th, Lido announced on social media that the Lido DAO has launched an emergency proposal to replace the single Lido oracle node. There is suspicion that the oracle private key of Chorus One may have been leaked. Stakers are not affected, and the protocol is continuing to operate securely and normally. Lido's oracle system operates based on a 9-out-of-5 multisig mechanism. In this mechanism, the failure of a single oracle does not pose a threat to the system, and the other nodes remain unaffected. · The oracle system is operating normally without any observed software or data anomalies. · The other 8 oracle nodes have been checked and have not been compromised. · There is no indication of a broader attack on Chorus One as a whole.

Lido: Dual Governance Mechanism Coming Soon

On May 9th, Lido made an announcement on social media that it is about to introduce a Dual Governance Mechanism. This Dual Governance Mechanism is a dynamic time lock mechanism, which enables stETH holders to choose to exit the Lido protocol on Ethereum when facing controversial Lido DAO governance proposals.

Solana Staking TVL Briefly Surpasses Ethereum, High Lido Liquid Staking Ratio Raises Centralization Concerns

On April 21st, as per a report by Cointelegraph, yesterday the total value of SOL tokens staked on the Solana network briefly surpassed the market capitalization of staked ETH on Ethereum. On-chain data indicates that there are 505,938 distinct wallets staking SOL with a value of $53.9 billion on the Solana network, and the staking annual percentage yield (APY) is 8.31%. On the Ethereum network, a total of 34.7 million ETH are staked, amounting to $53.93 billion. The high staking threshold of 32 ETH (approximately $50,000) has led a large number of stakers to shift from node staking to liquidity staking protocols, which is a crucial reason for the decline in native staking on the Ethereum network. Currently, around $21.5 billion is involved in liquidity staking on the Ethereum network, and Lido alone holds an 88% market share, intensifying concerns about Ethereum's centralization. Ethereum developers are exploring solutions to promote decentralized staking.

CertiK Co-Founder Zhong Shao Attends Web3 Scholar Summit, Unveils LiDO Framework to Tackle BFT Consensus Security Challenge

On April 8th, during the 2025 Web3 Scholar Summit, Professor Zhong Shao, who is the Chair of the Yale University Computer Science Department and a Co-Founder of CertiK, publicly presented the LiDO model and the LiDO-DAG extension framework for the first time. This remarkable achievement, by means of a three-layer refined verification framework (security abstraction layer, liveness assurance layer, DAG extension layer), offers mechanized verifiability of security and liveness proofs for complex Byzantine Fault Tolerance (BFT) consensus protocols, with the aim of enhancing the reliability and scalability of the Web3 ecosystem. LiDO has been successfully applied to industrial-grade protocols such as Jolteon, completing the verification of more than tens of thousands of lines of Coq code. Professor Zhao

Justin Sun has staked 60,000 ETH with Lido, equivalent to around $116 million.

On March 19th, according to Arkham's monitoring, the address of Justin Sun pledged 60,000 ETH to Lido yesterday, which is approximately equivalent to $116 million.

Lido: stETH and wstETH are now available on Unichain

On March 3rd, Lido made an announcement that stETH and wstETH have now been launched on Unichain. Unichain, which was developed by Uniswap Labs, is a DeFi-native Ethereum Layer 2 blockchain. Currently, users are able to bridge their stETH or wstETH to Unichain. It is reported that the relevant deployment was accomplished by using the Lido protocol Multichain Automaton.

Lido has released version 3, introducing customizable stVaults to support advanced Ethereum staking strategies

On February 11th, the Ethereum staking solution Lido launched the latest version v3, introducing customizable "stVaults". These are modular smart contracts aimed at bringing more flexibility to its liquid staking infrastructure. These vaults will enable users to design advanced staking strategies based on Lido's stETH token. In a press release, Lido's co-founder Konstantin Lomashuk stated: "stVaults offer a flexible foundation for the next stage of staking while maintaining the security and decentralization that the Lido protocol is renowned for."

Lido: Upcoming V3 Release

On February 6th, Lido made an announcement on social media that it is going to launch Version 3 shortly.

Lido is excited to announce that stETH and wstETH are now available on the Sony Layer2 project Soneium.

On February 3rd, according to official information, Lido has declared that stETH and wstETH can now be utilized on the Solana Layer2 project Soneum.

The Trump Crypto Project WLFI has already staked 19,400 ETH on Lido, equivalent to around $64.11 million.

On January 26th, based on Imk.fun's (formerly Scopescan) monitoring, the cryptocurrency project World Liberty Financial backed by Trump has collectively staked 19,400 ETH on Lido, with a value of $64.11 million.

Lido Founder: The Ethereum Second Foundation Has Not Yet Been Formally Established

On January 23rd, the founder of Lido, Konstantin Lomashuk, stated in a post that "at present, there is no real second foundation established. Ethereum is the ultimate world computer, and every Ethereum supporter can contribute to its growth, evolution, and success. If a second foundation is truly formed in the future, it must have a clear goal that complements the significant work of current contributors." Thank you for your support. I also hold the belief that we need more organizations to contribute to Ethereum. I will further share my thoughts after communicating with those who have reached out to me.

Market News: Lido Founder has Established Ethereum Second Foundation

January 22nd: As per market reports, the founder of Lido has set up the Ethereum Second Foundation, with the intention of enhancing support for and the development of the Ethereum ecosystem. The official Twitter account of the Second Foundation (@2nd_foundation_) is now active.

The Trump Crypto project WLFI once again increased its holdings by $2.65 million in TRX and staked 5252 staked stETH with Lido.

Update, January 22nd. Based on Onchain Lens monitoring, 3 hours ago, the crypto project WLFI backed by Trump spent 2.65 million USDT to purchase 10.8 million TRX. Currently, it holds 30.1 million TRX (valued at 7.36 million USD). Also, WLFI converted 5,252 ETH (worth 17.43 million USD) into stETH and staked it with Lido Finance.

The Trump Crypto Project WLFI has purchased 1589 ETH and staked 4747 ETH through Lido.

January 21st. Based on the monitoring of Onchain Lens, the cryptocurrency project WLFI backed by Trump purchased 1589 ETH three hours ago and staked 4747 ETH through Lido.