Gate News reports that on March 24, the Lido protocol announced its financial data for 2025. Total revenue was $40.5 million, down 23% year-over-year, compared to $52.4 million the previous year. Its gross income declined by 18.2%, due to user withdrawals leading to net staking outflows and decreased staking rewards. Lido noted that in 2025, Ethereum staking experienced structural changes, with network APR compressing, funds shifting from Simple LST to exchanges and institutional staking, increasing competition and shrinking its leading market segment. The market share of Simple LST continued to decline. Lido stated it is evaluating a potential LDO buyback plan, possibly starting in Q2 of this year, aiming to use protocol-generated staking rewards to buy LDO on the open market and invest in DAO-held LDO and wstETH liquidity positions. The protocol laid off 15% of staff last August to ensure long-term sustainability. Lido’s goal for 2025 is to expand beyond core staking products to new services targeting institutional investors and users seeking higher yields. WisdomTree, managing $140 billion in assets, launched an Ethereum-based ETP in Europe and earns staking rewards through the decentralized Lido protocol.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Gate Daily Report (April 24): US Treasury sanctions Cambodian crypto “pig butchering” scams; Tether mints an additional 1 billion USDT
Bitcoin (BTC) rebound momentum is weakening, with a temporary quote around $78,030 as of April 24. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned a Cambodian politician linked to a crypto “pig butchering” scam center. Tether issued another 1 billion USDT on the Ethereum network; over the past 5 days, it has issued a total of 3 billion USDT on the Ethereum network.
MarketWhisper04-24 01:55
Gate Daily Report (April 23): The U.S. government runs Bitcoin nodes; Tesla’s BTC holdings remain unchanged
Bitcoin (BTC) continues the rebound trend from the beginning of the week, trading at around $78,230 as of April 23. U.S. Pacific Command Commander Samuel Paparo said in a congressional hearing that the U.S. government operates Bitcoin nodes to conduct cybersecurity tests, but does not participate in mining. Tesla’s first-quarter Bitcoin holdings remain unchanged, and its digital-asset impairment loss is $173 million.
MarketWhisper04-23 01:39
Ethereum Breaks Through $2,400 as Daily Decline Holds at 0.15%
Gate News message, April 22 — Ethereum broke through the $2,400 mark today, though the cryptocurrency recorded a 0.15% decline over the 24-hour period.
GateNews04-22 17:43
OpenSea Launches Mobile Perpetuals Trading for Beta Users, Kicks Off 5-Day Trading Contest
Gate News message, April 22 — OpenSea has rolled out mobile perpetuals (Perps) trading functionality to select beta users and will launch a five-day trading contest beginning April 23 at 5 a.m. UTC+8. The competition is restricted to mobile beta testers, with all participants receiving an initial
GateNews04-22 15:29
Gate Daily Report (April 22): A U.S. PACE bill is set to allow the Federal Reserve to pay for access; Kalshi plans to launch sustainability futures
Bitcoin (BTC) sees a short-term rebound, temporarily trading at around $76,230 as of April 22. A bipartisan PACE bill in the U.S. would seek to allow the Federal Reserve’s payment system to be connected, with support from the crypto industry. According to The Information, Kalshi is considering launching sustainable futures to expand its cryptocurrency business.
MarketWhisper04-22 01:38
Major CEX Launches Spot Trading for OpenGradient (OPG) Token on April 21
A major exchange launches OPG spot trading with the OPG-USD pair starting April 21, 2026. Trading will roll out gradually to ensure liquidity and stability, with access limited by regional regulatory requirements.
OpenGradient (OPG) is being listed for spot trading on a major centralized exchange, issuing the OPG-USD pair on April 21, 2026. The rollout will be phased and regionally restricted to manage liquidity and regulatory constraints.
GateNews04-21 16:52
