Lido DAO Plans Hoodi Testnet Rollback After Ethereum Delays Glamsterdam Upgrade
Lido DAO is preparing a governance vote to roll back selected smart contract deployments on Ethereum’s Hoodi testnet after core developers indefinitely postponed the Glamsterdam hard fork originally scheduled for October 26, 2026. The proposed action is intended to align Lido’s test environment with the revised upgrade schedule, while the protocol’s Ethereum mainnet contracts and staked ETH positions remain unaffected.
Lido’s technical contributors said holders of staked Ether (stETH) and wrapped staked Ether (wstETH) do not need to migrate tokens or change their wallet configurations. The rollback concerns deployments on Hoodi, a test network used to assess Ethereum upgrades, rather than the protocol’s live contracts.
The Ethereum Foundation announced the suspension on October 22, citing the need for further assessment of Ethereum Improvement Proposals EIP-8037 and EIP-8038. Lido DAO is coordinating with node operators as it prepares to submit the rollback proposal for a community decision.
Why Lido Is Preparing a Hoodi Testnet Rollback
The planned rollback would remove specific contract changes that had been deployed in preparation for the now-postponed Glamsterdam upgrade. Lido contributors have also urged Hoodi validators to review their Execution Layer and Consensus Layer clients to ensure they are not running configurations tied to the former October 26 activation date.
Removing outdated upgrade schedules is intended to reduce the risk of validators operating with inconsistent expectations about the fork. Lido’s governance process will determine the timing and execution of the contract rollback.
The testnet adjustment follows an earlier Ethereum upgrade milestone on Sepolia, where a fork took place on October 6 with a 200-million gas limit. According to the source material, Hoodi requires additional review before developers can validate how existing contracts behave under the proposed changes.
EIP-8037 Review Focuses on Gas Accounting and Contract Behavior
Ethereum developers are assessing EIP-8037, which proposes changes to internal gas accounting for state creation and management. Security analysis prepared by ChainSecurity indicates that the changes could affect how failures are handled in complex sub-calls between smart contracts.
Researchers have noted that changes to gas reserves could allow failure-handling routines to execute in contracts where the transaction previously would have reverted. These potential behavioral changes are part of the broader compatibility review surrounding the proposed upgrade.
Lido’s technical contributors have monitored EIP-8037 since June 2026. Preliminary ChainSecurity audit reports found no critical vulnerabilities or direct incompatibilities in the liquid-staking protocol’s core contracts, according to the source material.
Despite those initial findings, Lido’s governance is preparing to remove the relevant Hoodi changes in line with the wider pause in client software deployment. Technical coordination is expected to continue while Ethereum core developers review the proposals.
LDO Price and Lido Protocol Metrics
Lido’s governance token, LDO, traded at $0.3875 at 19:15 UTC on October 23, according to CoinGecko figures cited in the source material. That represented a 1.3% increase over 24 hours. The token recorded an intraday low of $0.3784 and a high of $0.3934.
LDO’s 24-hour trading volume reached $34.9 million. Its market capitalization was based on a circulating supply of 829.6 million tokens, against a total and maximum supply of 1 billion.
Lido’s total value locked stood at $23.325 billion as of October 23, 2026, while open interest in perpetual derivative contracts reached $121.2 million. These figures provide a snapshot of the protocol’s size and associated token-market activity during the testnet planning process.
Hoodi Operators Face an October 26 Client Update Deadline
Infrastructure operators using Hoodi have until October 26, 2026, to update their Consensus Layer and Execution Layer clients to versions that formally discard the postponed hard fork. Meanwhile, Lido DAO is finalizing the process for bringing the contract rollback to its governance forum for a vote.
The proposed change is limited to the test environment. Lido has stated that its mainnet contracts remain unaffected and that stETH and wstETH holders do not need to take technical action.
source: crypto-economy
Writer: Ethan Collins
Crypto Journalist
Ethan Collins reports on developments across the cryptocurrency and blockchain sector. His work covers market movements, protocol updates, regulatory changes, and emerging trends in digital assets.
He focuses on presenting complex topics in a clear and accessible manner for a broad readership.
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