Lido Solidifies Liquid Staking Dominance Amid Market Shift

Lido remains the leader in the liquid staking market, controlling 62% of the market after $19.7 billion flowed into the ecosystem via the EigenLayer restaking migration.

The protocol uses 36 professional operators in its Curated Module and 412 active operators in its Community Staking Module, dwarfing the competition.

Lido's dominance comes from solving the liquidity problem by issuing stETH, an ERC-20 token that remains transferable and usable across DeFi.

Coinbase cbETH, on the other hand, has a 25% commission on staking rewards, which is significantly higher than Lido's 10% fee.