The State of Ethereum Liquid Staking
Quick Take
- Interest in liquid staking derivatives for ETH has grown in recent months as the Ethereum network transitions to Proof-of-Stake consensus.
- The largest players in the liquid staking market are Lido, Coinbase and Rocketpool, with Lido leading the pack with a large majority of market share.
- It is likely that more liquid staking products will emerge after the successful execution of the Merge upgrade to compete for market share in this growing space.
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Author: Alex Ho