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Lido captures 5.7% of Ethereum staking growth in H1 2026
Lido says its automated buyback mechanism logged a negative cumulative budget of about $517,024 on Sept. 9, limiting scheduled allocations despite available funding rules.
Lido, the liquid-staking protocol, captured just 5.7% of Ethereum’s net staking growth in the first half of 2026, even as overall staking expanded across the network, according to CryptoSlate.
Lido reported that total staked ETH rose to 43.1 million as of June 30 from 36.3 million at the start of the year, adding 386,000 ETH during the period. Still, the protocol’s reported share of the network’s 6.8 million ETH increase fell, with its market share dropping from 23.93% to 21.18%.
CryptoSlate also points to constraints in Lido’s NEST automated buyback mechanism. At 00:00 UTC on Sept. 9, the contract responsible for releasing funds for purchases recorded a negative cumulative budget of about $517,024 and skipped an allocation, reflecting a deficit in buyback capacity under its rules.
Lido attributed much of the “dilution” to institutional capital moving into other staking routes, the outlet says. In its market breakdown, the institutional segment rose from 25.9% to 35.3% of staking in H1, and Lido lists providers including Bitmine, Coinbase, and Binance in its segment composition.
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