Try Quests to earn cryptoLido: ETH Staked
What is the total amount of ETH that has been staked with Lido? Show the daily amount of ETH staked with Lido in the past 3 months. Are there any trends you can see?
Introduction and methods
Lido Staked Ethereum (stETH) is a token that represents the Ethereum wagered on Lido, combining the value of the initial deposit and participation rewards.
In particular, stETH token balances are linked 1:1 to Lido Staked Ethereum and token balances are updated daily to reflect winnings and rewards.
To get the total amount of ETH staked on Lido, users may have to calculate the total amount moved from address 0x0000000000000000000000000000000000000000 through the main Lido stETH contract 0xae7ab96520de3a18e5e111b5eaab095312d7fe84.
The results are shown below. The metrics calculated below are:
- Total ETH staked so far on Lido
- Daily ETH staked over the past 3 months on Lido
As it can be seen in the results, a total of 2.38M of ETH are currently staked on Lido. If we take a look at the previous analysis done, the previous value was 2.95 ETH. Here it can be seen the big difference between then and now due to the bad market conditions.
In fact, if we take a look at the chart, we can see how the amount of daily ETH staked dramatically decreased since mid May due to the instability provided by UST depegging event.