Lido Market Share Declines Amid Rising Institutional Staking
Lido's market share in the Ethereum staking sector dropped from 23.93% to 21.18% in the first half of 2026, as institutional capital increasingly flows to other service providers like Coinbase and Binance. While the overall staking market grew, Lido's share of new net deposits was only 5.7%, impacting the protocol's revenue and its automated LDO buyback mechanism.
Summaries are written by AI from the original article. Not investment advice.