On April 18, a Kelp cross-chain bridge exploit led to the theft of $292 million in rsETH. Lido reported $21.6 million in exposure via its EarnETH vault, prompting Aave to freeze relevant markets. EarnETH has paused transactions and is deleveraging, while Lido's DAO treasury implemented a $3 million protection mechanism to cover potential losses. The core staking protocol remains unaffected.

Lido's governance token LDO has gained 30% in 30 days, driven by a $20 million buyback program, while major DeFi competitors declined. Despite the rally, LDO remains down 94% from its peak.

Lido's growth committee multisig wallet received 4.82 million LDO for buybacks, totaling approximately $1.81 million, with funds from a major CEX and Portofino. A buyback proposal was approved on April 13, and execution parameters were shared on April 14.

Lido DAO 提出治理提案，计划分阶段回购 LDO 代币以应对市场低迷，最多拨出 10,000 个 stETH，约 2000 万美元。提案显示 LDO 价格与协议基本面显著偏离，回购旨在提供短期价格支撑，展现管理能力，投资者需关注回购进展及市场反应。

Lido生态系统运营团队提议授权动用最多1万枚stETH购买LDO，因LDO/ETH汇率低迷，计划通过Easy Track分批执行，确保交易滑点控制在3%以内，购得的LDO将返回金库。

Lido 增长委员会提议授权最多使用 10,000 枚 stETH 购买 LDO，以利用当前历史低位的 LDO/ETH 比率。提案中还列出执行机制和风险管理方案，旨在提升收益并保护DAO资产。

Lido发布的2025年年度报告显示，面对APR压缩、资金流出和竞争加剧，其总收入同比下降18.2%。ETH质押市场份额为24.12%。报告还提及领导层调整，并计划在2026年专注于stETH产品线规模化、验证者市场建设与LDO激励对齐。

Gate News消息，3月16日，据Onchain Lens监测，某场外交易巨鲸地址「0xfb7」已将12,000枚ETH（约2743万美元）转入FalconX，并将330枚cbBTC转入某CEX，疑似准备卖出以偿还贷款。目前，该巨鲸持有：3,670枚cbBTC（约2.7356亿美元）、120,380枚stETH（约2.767亿美元）、17,753枚WETH（约4076万美元）。

孙宇晨目前持有156,514枚stETH，价值约3.3亿美元，排名以太坊机构持仓第五，但面临2583万美元的浮动亏损。过去三年，他通过交易ETH实现利润约2亿美元。