Ethereum staking rewards rise with leveraged stakers seeing 11% APR

The seven-day moving average for annualized staking rewards on stETH, a liquid staking token backed by ether, has climbed to 5.5%. According to data from Lido Finance, this is up from just 3.5% in September.

For those leveraging their staking rewards, through offerings such as icETH or ETHMAXI, APRs have shot up as high as 11%. This is where the tokens are used to borrow more tokens and all of them are staked, increasing the yield.