Lido forum proposes conditional 7.5 million LDO liquidity program for CEXs

  • Lido governance forum proposes conditional LDO market-making support for centralized exchanges.
  • $1.98 million comprises proposed caps of $1.5 million in LDO and $480,000 in USDC.
  • Formal governance approval remains pending, with no market makers or exchanges selected.

A proposal under discussion on Lido's governance forum would establish a conditional market-making program for LDO on centralized exchanges (CEXs), using up to $1.5 million in recallable LDO inventory, capped at 7.5 million LDO, and up to $480,000 in USDC. The combined ceiling is approximately $1.98 million. The funds would be reserved for CEX market-making activity, with the USDC portion covering fixed service fees and related program costs over as many as 12 months. The proposal has not been approved or deployed, and activation would require formal governance approval. The Lido Growth Committee could activate the facility if it determines that CEX liquidity is insufficient or likely to become insufficient, while the authorization would expire if unused for two years. The stated objective is to improve order-book depth, spreads and trading conditions while reducing the risk of LDO delistings; it is not designed to support the token's price or guarantee that any exchange will retain its listing. No market makers or exchanges have been selected, and the proposal does not specify reporting obligations for auditing fund use. LDO's average daily trading volume was about $34 million over the past 90 days, down from $43.8 million in the preceding 90-day period and approximately $95.4 million during the comparable period in 2025.

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