Whereas ethereum-liquid staking protocols (LSPs) welcomed a hefty 690,000 ETH inflow throughout 14 weeks till the top of August, the tide has since shifted, with LSPs watching 60,000 ETH slip away in simply the final 27 days.
Billions in Movement: Ethereum Liquid Staking Now Value $63.99B
ETH LSPs have shed $268.55 million — about 60,000 ether — since Aug. 24, 2025, after raking in hefty inflows over the 14 weeks earlier than that date. Right this moment, ethereum-powered LSPs account for $63.99 billion of the $87.177 billion locked throughout all liquid staking protocols, giving the No. 2 crypto a hefty 73.4% slice of the pie.
Regardless of the 60,000 ETH discount, ethereum’s liquid staking world is serving up some critical numbers with loads of sass. On the prime of the meals chain, Lido is flexing with a TVL of $38.524 billion throughout 5 distinctive chains, raking in $21.68 million in charges this previous week, which trickled down into $2.17 million in income.
Supply: Defillama.com on Sept. 20, 2025.
Not far behind in measurement however with a tighter focus, Binance Staked ETH has locked $15.862 billion throughout two chains, knowledge from defillama.com exhibits. It pulled in $8.01 million in charges, but solely $800,767 in income—large pockets, slimmer margins. Binance’s liquid staking protocol has actually climbed the ranks over the previous 12 months.
Rocket Pool holds third place with 636,780 ETH ($2.856 billion TVL), although it dipped 0.33% over the previous week. Liquid Collective stays put at 363,138 ETH and $1.629 billion in TVL, barely budging with a -0.08% transfer in seven days. Stakewise V2, nevertheless, lit up the weekly chart, amassing 325,962 ETH value $1.462 billion in TVL, up 1.92% this week.
From there, the mid-tier gamers maintain the drama alive. The LSP mETH Protocol holds 264,488 ETH ($1.186 billion TVL) however wore the week’s greatest scar with an -8.06% drop. Stader clocks in at 160,327 ETH value $721.88 million, easing simply 0.18% over seven days. In the meantime, Coinbase Wrapped Staked ETH stole the highlight, leaping 10.27% this week to 139,426 ETH ($624.39 million TVL).
Frax Ether exhibits up with 90,468 ETH and a $405.82 million TVL, clocking in almost flat at -0.12% for the week. Origin Ether hangs on with 38,039 ETH ($170.63 million TVL), slipping a slight -0.29%. Crypto.com Liquid Staking, then again, flexed with a +5.68% carry to 36,376 ETH ($162.9 million TVL). Closing out the highest 12, Swell Liquid Staking manages 25,327 ETH ($113.6 million TVL), although it contracted -3.52% since Sept. 13.
Ethereum’s liquid staking enviornment could also be flexing billions, however it’s no chill weekend picnic—it’s a gladiator pit in gradual movement. Lido towers, Binance strikes, and the mid-tier crew retains issues spicy. With inflows flipping to outflows, the one certain guess is that subsequent week’s stats gained’t look the identical.
