Decentralized Finance and Institutional Investors
Lido has launched a new staking product, Lido Institutional, tailored for institutional investors such as custodians, asset managers, and exchanges. This solution aims to provide deep liquidity and robust security to institutional entities looking to earn staking rewards.
Competitive Landscape in Liquid Staking
Despite emerging competition from protocols like Ether.fi and Renzo, Lido remains the dominant player in Ethereum’s liquid staking ecosystem. With over $31 billion in crypto deposits on Lido, the platform continues to attract institutional investors seeking exposure to staking rewards through diversified counterparty exposure.
stETH as a Leading Collateral Token
stETH, Lido’s collateral token, has become widely adopted in decentralized finance with a total value of over $10 billion. Custody solutions like Fireblocks and Taurus offer native stETH integrations, while platforms like Matrixport and Swissborg provide access to this asset for trading and asset management purposes.
