Lido Rewards Tracker

What is Lido Rewards Tracker?

Lido is the largest Ethereum liquid staking protocol — over 9 million ETH staked, ~28% of all staked ETH on the network. Stakers receive stETH tokens that rebase daily as validator rewards accrue (no claim transactions needed). The challenge: tracking real returns is annoying. Etherscan shows balance changes mixed with transfers; Lido's dashboard handles one wallet at a time; aggregating across 3-10 wallets (cold storage, hot wallet, multisig, treasury, family) means manual spreadsheets. This tracker aggregates multiple wallet addresses into one unified view: daily APR with 7-day moving average, cumulative rewards in USD/EUR/GBP at historical exchange rates, downloadable CSV for tax reporting (essential for Coinbase/HMRC/IRS forms), and a manual stETH amount mode for planning new stakes. Uses only public on-chain data and Lido's official API — no private keys, no signatures, no custody.

How does Lido staking work?

When you stake ETH with Lido, you receive stETH tokens that represent your staked ETH plus accumulated rewards. Your stETH balance automatically increases over time as rewards are distributed daily.

How often are rewards distributed?

Lido distributes staking rewards daily. The rewards are automatically reflected in your stETH balance through a rebasing mechanism.

What is APR in Lido staking?

APR (Annual Percentage Rate) represents the yearly return rate on your staked ETH. Lido's APR varies based on Ethereum network conditions and typically ranges between 3-5%.

Is my data secure?

This tool only reads public blockchain data using your wallet address. No private keys or sensitive information is required or stored.

Why does my stETH balance grow without me doing anything?

Lido uses rebasing: every 24 hours the ERC-20 supply increases proportional to validator rewards (currently ~3% APR). Your wallet balance updates automatically without a claim transaction. Most wallets show the new balance instantly; some block explorers cache the old value.

How does this tracker calculate APR from raw on-chain data?

It pulls per-day stETH balance snapshots from Lido's API, divides the daily reward by the prior balance, annualizes via APR = daily_rate * 365. The 7-day average smooths validator performance variability. The dashboard also shows the compounded APY and the net (post-fee) APR alongside the gross APR.

What is the difference between APR and APY here?

APR is the simple annualized rate (daily_rate x 365) and ignores compounding. APY assumes your daily rewards are themselves restaked, so it compounds: APY = (1 + APR/365)^365 - 1. At a ~3% APR the APY is only marginally higher (~3.05%), but on large balances over years the gap matters. Because stETH rebases daily and your growing balance earns more the next day, your realized return tracks APY more closely than raw APR. Both figures are now shown in the summary cards.

Why is my actual APR lower than Lido's advertised protocol APR?

Lido charges a 10% fee on staking rewards (5% to node operators, 5% to DAO treasury), so your net APR is roughly 90% of the gross protocol APR (shown in the 'Net APR' card). Additionally, slashing events on validators (rare) and consensus penalty events slightly reduce the realized rate for all stETH holders.

What is the difference between stETH and wstETH?

stETH is the rebasing token: your balance number grows each day as rewards accrue. wstETH (wrapped stETH) is non-rebasing — its balance stays constant while its exchange rate to stETH increases, which is what most DeFi protocols and Layer 2s (Aave, Curve, Arbitrum, Optimism) require because many contracts cannot handle a balance that changes without a transfer. 1 wstETH always redeems for a growing amount of stETH. This tracker reads stETH balances; if you hold wstETH, unwrap it (or convert via the wstETH exchange rate) before comparing figures.

How do withdrawals and un-staking affect tracking?

Since the Shanghai/Capella upgrade you can redeem stETH for ETH through Lido's withdrawal queue (or swap on a DEX). A withdrawal shows up as an outgoing transfer that reduces your stETH balance — switch the 'Event Type' option to 'All Events' to see transfers in and out, not just reward rebases. Realized rewards already earned before the withdrawal remain reflected in your cumulative totals; the tracker does not double-count the principal you remove.

Is my data private — do you store my wallet addresses?

Yes, it is fully private. All processing happens in your browser. Wallet addresses you enter are sent only to public Ethereum RPC nodes and Lido's public API to read on-chain balances and reward history; they are never sent to or stored on our servers. No private keys, seed phrases or signatures are ever requested. Your inputs and results are cached only in your own browser's localStorage and are cleared with the Reset button.