Ethereum on liquid staking protocols crosses 7 million ETH
According to data from Defillama, the number of Ethereum tokens locked in liquid staking derivatives protocols has surpassed seven million, equivalent to $12 billion.
Lido is the biggest player, responsible for over 70% of the locked ETH, holding over 5 million ETH valued at $8.7 billion. Coinbase comes in second with 1.1 million staked ETH.