Lido Finance Partners with XSwap and Chainlink to Launch Direct ETH Staking Across Layer-2 Networks

In a groundbreaking move for Ethereum staking, Lido Finance has teamed up with XSwap and Chainlink to introduce direct ETH staking support on layer-2 (L2) networks, including Arbitrum, Base, and Optimism. Announced earlier today at 16:32 UTC via X, this integration leverages Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to streamline the staking process, enabling users to stake ETH in a single transaction without the hassle of bridging to Ethereum’s mainnet.

Traditionally, staking ETH from L2 networks involved multiple steps—either swapping for wstETH on exchanges with potential slippage or manually bridging ETH to the mainnet, a process that could take up to seven days. Lido’s new Direct Staking feature, powered by XSwap and Chainlink CCIP, compresses these steps into a seamless, one-click experience. This not only enhances user convenience but also maximizes security and efficiency, as Chainlink’s battle-tested oracle networks secure over $18 trillion in onchain transaction value.

The announcement has sparked excitement in the crypto community, with X users praising the reduced friction. “Pure L2 staking flow,” commented Peanut Trade, while others like The Yield Boy noted, “less friction, more Lido.” The integration is expected to boost staking participation by leveraging L2 networks’ lower fees and faster transactions, addressing Ethereum’s longstanding issues of congestion and high gas costs.

Lido’s move aligns with the broader trend of layer-2 adoption, as solutions like Arbitrum and Optimism continue to scale Ethereum’s ecosystem. By enabling direct staking, Lido reinforces its position as a leader in decentralized staking, offering users a more accessible and cost-effective way to earn rewards while maintaining Ethereum’s robust security. As the crypto space evolves, this partnership sets a new standard for cross-chain interoperability and user-centric DeFi solutions.

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