How to Stake Ethereum (ETH) on Lido Finance
Lido Finance directly supports ETH staking. Here's how to get started and earn up to 2.4% APY.
Current APY
2.4%
Price
$2,209.4
Platform Fee
10%
Platform Type
liquid
Start Staking ETH on Lido Finance
Lido Finance gives you full control of your assets.
Stake ETH on Lido Finance →Step-by-Step: Stake ETH on Lido Finance
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Ethereum's network.
Acquire ETH
Buy ETH from an exchange and transfer it to your wallet, or swap for it using a DEX.
Visit Lido Finance
Go to Lido Finance's staking interface and connect your wallet.
Stake and receive liquid tokens
Enter your ETH amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.
Use your LST in DeFi (optional)
Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.
Lido Finance for ETH Staking: Pros & Cons
Pros
- + Largest ETH liquid staking protocol by TVL ($35B+)
- + stETH usable across 100+ DeFi protocols
- + No minimum deposit — stake any amount
- + Daily staking rewards auto-compound via rebasing
Cons
- - Smart contract risk (though heavily audited)
- - Lido controls ~33% of staked ETH — centralization concern
- - 10% fee on rewards
- - stETH may trade at slight discount to ETH
Other Platforms for ETH Staking
Exchange · 25–35% commission on rewards
Exchange · 10–15% commission on rewards
Liquid Staking · ~14% commission to node operators
Exchange · Fees built into displayed APY
Exchange · 10–20% commission
Exchange · Built into rates
Liquid Staking · 10% of staking rewards
Liquid Staking · 2% of staking rewards
validator · Varies (institutional pricing)
validator · 5–10% commission
validator · 5–10% commission
wallet · No platform fee — only network/validator commission
wallet · Provider fee (Lido 10%, Stader 10% on rewards)