Over the past 14 weeks, ether-based liquid staking protocols have attracted steady inflows, climbing from 13.62 million ETH to 14.31 million today.
Around 0.57% of ETH in Circulation Entered Liquid Staking Protocols Since Mid-May
Roughly 690,000 ETH worth $3.2 billion has been funneled into 33 different liquid staking protocols during that span, according to defillama.com metrics. Ethereum’s liquid staking ecosystem remains heavily concentrated at the top, with Lido holding a commanding lead.
Source: defillama.com
Lido secures 8.76 million staked ether, valued at $41.59 billion, giving it a massive 61.22% market share despite a slight 0.87% dip this past week. Binance Staked ETH sits comfortably in second place with 3.3 million ETH staked, worth $15.67 billion, and it’s been gaining ground with a 3.42% seven-day climb and an impressive 11.37% increase over the past 30 days.
Source: defillama.com
Rocket Pool takes the bronze position, contributing 652,585 ETH, or $3.09 billion in value, though it has slipped by 0.48% on the week. Liquid Collective follows with 365,918 ETH worth $1.74 billion, holding steady with modest growth, while Stakewise V2 adds 321,413 ETH at $1.53 billion but has tumbled 16% over the past month.
Close behind is mETH Protocol with 299,990 ETH and $1.42 billion in total value locked, though it’s been one of the hardest hit with a 19.21% 30-day drop. Further down the ladder, Stader contributes 161,688 ETH ($768 million), while Coinbase Wrapped Staked ETH shows strong momentum, climbing more than 9% over both the past week and month to $683 million locked from 143,321 ETH.
Frax Ether maintains 93,928 ETH ($446 million), followed by Origin Ether’s 38,143 ETH ($181 million), which has struggled with a double-digit monthly decline. The smallest pools still make their presence felt: Crypto.com Liquid Staking, with 36,043 ETH ($172 million), has enjoyed a 4.72% bump this week.
Meanwhile, Stakestone STONE, rounds out the list at 29,962 ETH ($142 million), though it has dipped 14.52% over 30 days. With 14.31 million ether staked the value now stands at $67.948 billion. ETH held for liquid staking represents 11.86% of 120,707,167 ETH circulating today.
