A Lido governance forum proposal would authorize a conditional market-making program on centralized exchanges to support LDO liquidity and reduce the risk of trading pairs becoming illiquid or delisted due to thin liquidity.

Under the plan, up to 1.5 million LDO could be recalled from the Lido DAO treasury, with a cap of 7.5 million LDO in total, along with as much as $480,000 in USDC to cover fixed service fees and related costs over a maximum duration of 12 months.

The authorization would lapse if unused within two years and would only take effect if the Lido Growth Committee determines that CEX liquidity is insufficient or at risk of falling short.

For context, LDO’s average daily trading volume over the last 90 days was about $34 million, down from roughly $43.8 million in the prior 90 days, and down from approximately $95.4 million in the same period in 2025.

The proposal emphasizes maintaining two-sided liquidity and keeping trading pairs listed, rather than supporting the token price, and it does not name any particular market maker or exchange.