If you’ve been following Ethereum for the last three years, you’ve also likely heard of Lido Finance.

The massive liquid staking protocol, which launched shortly after Ethereum began its transition to a proof-of-stake blockchain, now commands the lion’s share of the staking market.

Per an oft-cited Dune dashboard from Hildobby, there are more than 27.8 million–or nearly $50 billion–Ethereum staked total across various cryptocurrency exchanges, individual validators, and decentralized protocols like Lido.

Of that sum, more

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Author: Liam J. Kelly

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