Rocket Pool has over 1 million ETH pledged, becoming the LSD protocol second only to Lido
According to DeFiLlama data, Rocket Pool has over 1 million ETH staked, making it the second-largest protocol after Lido's LSD. As of writing, the top three rankings are:
- Lido with 8.96 million staked ETH, accounting for 77.39% of the market share, and a TVL of $18.429 billion;
- Rocket Pool with 1.01 million staked ETH, accounting for 8.72% of the market share, and a TVL of $2.076 billion;
- Binance staked ETH with 766,903 staked ETH, accounting for 6.63% of the market share, and a TVL of $1.578 billion.
In addition, the total amount of staked ETH in the LSD protocol is 11.57 million (equivalent to $23.834 billion).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
From $15K to $94M: A Miami Truck Driver’s Journey with Solana, with Eyes Now on Altcoin
Cardano’s Hydra Launches Gamified Test Campaign as ADA Price Responds
Shiba Inu’s Potential for Growth: Kusama Highlights Market Position and Future Utility Strategies