• Ethereum Liquid Staking has a total value locked (TVL) of $11 billion, with Lido holding 73% of the market share.
• Coinbase’s wrapped ether is the second-largest liquid staker with 15.72% of the TVL, followed by Rocket Pool and Frax Ether with 10.71% and 76.73% increases in 30 days respectively.
• The remaining six decentralized finance liquid staking platforms hold a combined 11.3% market share of the 6.87 million ether locked on Ethereum Liquid Staking platform.

Overview

Ethereum Liquid Staking has a total value locked (TVL) of $11 billion, with Lido leading the pack at 73%. Five platforms – Lido, Coinbase, Rocket Pool, Frax Ether and Stakewise – control 97% of the market share out of 11 liquid staking protocols available on Ethereum’s Beacon chain contract.

Lido Leads Total Value Locked in Ethereum Liquid Staking Industry

Lido holds more than 73% of the total value locked out of 6.87 million ether held by 11 liquid stacking protocols on Feb 7th 2023. It has seen a 4-10% increase over the past month, amounting to an approximate worth of $8.18 billion today.

Coinbase Wrapped Ether

Coinbase’s wrapped ether records 1,081,304 ethereum (ETH) locked into the platform and 5.74 % gain last month, making it 15.72 % market share and worth $1.76 billion in total value locked (TVL).

Rocket Pool & Frax Ether Gains

Rocket Pool’s TVL climbed 10 .71 % during past 30 days while Frax Ether increased its TVL by 76 .73 % over same period , resulting in 387 ,016 ETH and 87 ,134 ETH being held respectively .
Stakewise is fifth largest liquid staker , having 84 ,481 ETH worth $136 million as per Feb 7th 2023 records .

Other Platforms

The other six decentralized finance liquid staking platforms hold a combined 11 .3 % market share which amounts to 6 .87 million ether locked on all Ethereum based liquid staking platforms .