Lido vs Ondo Finance
Compare Lido and Ondo Finance on TVL, fees, revenue and activity to understand how these projects stack up.
$23.455B
Lido is the largest liquid‑staking protocol, minting stETH and other LSTs that track underlying validator balances 1:1 minus a 10 % reward fee. Its dual‑dao governance splits responsibility between the Lido DAO and the protocol’s Node Operator Registry, reducing centralisation risk. By May 2025 over 9 million ETH—roughly 30 % of staked supply—was custodied under Lido smart contracts.
View Full Page$3.451B
Ondo Finance tokenises U.S. Treasuries (OUSG) and short‑term corporate notes (USDY), letting DeFi users earn off‑chain yield without KYC for small tickets. Redemptions above $100k trigger regulated KYC/AML, and tokens are soul‑bounded during the settlement window to comply with securities exemptions. OUSG is used as backing collateral for Flux’s RWA stablecoin and is integrated in Curve’s stableswap set.
View Full PageKey Metrics Comparison
Lido
TVL$23.455B
24h VolumeN/A
24h Fees$1.6M
24h Revenue$99.1K
30d Fees$41.06M
30d Revenue$2.55M
7d TVL Change-1.23%
Dominance8.43%
Ondo Finance
TVL$3.451B
24h VolumeN/A
24h FeesN/A
24h RevenueN/A
30d FeesN/A
30d RevenueN/A
7d TVL ChangeN/A
Dominance1.24%
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
TVL Share
Share of combined TVL
Lido
87.2%Ondo Finance
12.8%Volume Share
Share of combined 24h volume
Lido
1.0%Ondo Finance
1.0%Fees Share
Share of combined 24h fees
Lido
1.0%Ondo Finance
1.0%Revenue Share
Share of combined 24h revenue
Lido
1.0%Ondo Finance
1.0%7d TVL Performance
TVL change over last 7 days
Lido
-1.23%Ondo Finance
N/ADominance
Market dominance by TVL
Lido
8.4%Ondo Finance
1.2%TVL Comparison
Lido
Ondo Finance