Lido gained 386,000 ETH but lost staking market share in H1, CryptoSlate reports
CryptoSlate says Lido’s share fell from 23.93% to 21.18%, as it captured just 5.7% of Ethereum’s net staking growth and institutional capital favored other routes.
TLDR
CryptoSlate reports that Lido added 386,000 ETH in the first half, yet its staking market share fell from 23.93% to 21.18%. The outlet says Lido captured just 5.7% of Ethereum’s net staking growth as institutional capital favored other routes. It also reports that fee waivers and NEST’s surplus rules limit the revenue available for LDO buybacks.
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