Lido Surpasses Rocket Pool as Dominant Force in Liquid Staking

Lido's stETH deposits in EigenLayer surpassed Rocket Pool's rETH deposits following a $2 billion TVL cap raise in September. Lido holds 8.9 million ETH, accounting for 62% of the liquid staking market.

The protocol uses a Staking Router to distribute ETH across three modules: the Curated Module with 36 professional operators, the Community Staking Module with 412 active operators, and the Simple DVT Module.

Lido charges a 10% fee on staking rewards, splitting it between node operators and the DAO treasury. Dual governance, activated in mid-2025, gives stETH holders veto power if 1% of staked ETH locks in opposition.