The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.
Research, not financial advice. Read the terms.
About Liquid Staked ETH
Analysis of 11 Feb 2026Liquid staked Ethereum represents tokenized staking positions that provide ETH stakers with liquidity while earning staking rewards. As of February 11, 2026, 35.86 million ETH is staked representing 28.91% of total supply with validators earning 3.3% average APY.
Full overviewShow less
The successful Pectra upgrade (May 2025) raised maximum validator stake from 32 ETH to 2,048 ETH, dramatically improving capital efficiency and reducing activation times from 13 hours to 13 minutes. Liquid staking platforms command over $38 billion TVL with Lido maintaining dominance at 24.2% market share (8.72M ETH) followed by Binance and ether.fi (6.0%, 2.15M ETH).
Liquid Collective has surged to $1.36 billion TVL after expanding to Solana. ETH price currently trades at $2,025, down from $2,253 in early February, testing critical support levels as the market consolidates in the $2,000-$2,500 range.
