- The integration of Caladan is part of a larger trend wherein DAO treasuries, DeFi asset managers, and crypto-native funds hold stETH via Lido Institutional.
- Its inclusion blends the structure and risk frameworks that professional investors anticipate.
StETH is now supported as multi-currency collateral for Caladan’s OTC trading platform, an institutional trading desk designed for capital efficiency. As a result, institutional customers will be able to post Ethereum’s most liquid staking token as collateral for capital rotation, hedging positions, and options strategies.
Lido Institutional has assisted in the implementation of Caladan’s stETH integration. By increasing the ways in which hedge funds, liquid funds, and foundations might strategically use stETH within complex capital management, its launch supports the institutional adoption of decentralized finance. Its inclusion blends the structure and risk frameworks that professional investors anticipate with the deep liquidity of stETH and the benefits of Ethereum staking.
Julia Zhou, COO of Caladan stated:
“This is about unlocking new capital pathways. Instead of forcing institutional players to choose between yield and liquidity, we’re giving them both, as well as strategic optionality.”
Even when placed against busy trading positions, stETH still generates staking rewards, in contrast to fiat or stablecoin collateral, which often remains idle. This is in line with Caladan’s objective to provide capital-efficient, ecosystem-connected solutions to organizations leading the cryptocurrency markets.
Kean Gilbert, Head of Institutional Relations at the Lido Ecosystem Foundation stated:
“Caladan’s integration shows why institutions are increasingly turning to stETH. They gain access to market-leading liquidity, Ethereum staking rewards, and decentralized infrastructure through the Lido protocol – all key ingredients for strategically deploying ETH holdings.”
The integration of Caladan is part of a larger trend wherein DAO treasuries, DeFi asset managers, and crypto-native funds hold stETH via Lido Institutional. This allows them to access deep liquidity across on-chain and off-chain markets while maintaining ETH exposure without the hassle of managing a direct validator. StETH is further integrated into the center of the DeFi capital stack by the fact that many of these organizations also actively provide liquidity.
Caladan’s backing of stETH brings institutional trading and decentralized finance closer together. It transforms the sector into a cohesive and effective financial system while integrating yield-bearing collateral into a useful component of a contemporary trading toolkit.
Caladan is a prominent cryptocurrency trading and market-making company that provides liquidity and structure to volatile markets. It specializes in providing dependable market-making solutions, DeFi knowledge, treasury structure, and venture investments to token initiatives, exchanges, and institutions. With more than $50 billion in yearly trading activity across more than 1,000 digital assets and 65 international exchanges, Caladan offers the infrastructure needed for institutions and crypto-native companies to expand their market share.
Lido Institutional is a committed community of contributors who work to promote the usage of the open-source, liquid staking middleware of the Lido protocol by non-retail customers. Participating in the blockchain network validation process and earning staking incentives are made possible by Lido middleware. Lido middleware, which aims to democratize staking, enables users to stake their digital assets and communicate with node operators without requiring them to maintain hardware on their own.

