Ethereum had 44.1 million ETH staked across 818,435 active validators on the Validator Queue tracker as of October 21, 2026. That equals a staking ratio of 36.07%. Staking Rewards put the staking ratio at 35.9% and the reward rate at 2.56%, so the two trackers’ ETH staking statistics land within a fraction of a point of each other.
The holders behind that stake shifted quickly. Bitmine, a digital-asset treasury, gained 10 percentage points of staking share over six months in 2026. Lido’s staking market share dropped from 23.93% to 21.18% even as its own deposits grew. The figures below cover staked supply, yields, liquid staking, queues, issuance and risk, compiled from protocol reports, live trackers, Ethereum documentation and regulator statements.
Key Takeaways
- Validator Queue counted 44.1 million ETH staked, a 36.07% staking ratio, while Staking Rewards showed 43.86 million ETH staked and a 35.9% staking ratio.
- Bitmine held 11.5% of all staked ETH on June 30, 2026, a gain of 10.06 percentage points since the start of the year.
- Lido’s staking TVL rose to 9.13 million ETH, up 386,000 ETH from the start of the year, while its market share dropped from 23.93% to 21.18%.
- Lido holds 56.52% of the 17.13 million ETH locked in liquid staking tokens tracked by DefiLlama.
- At the annualized rate of the trailing seven days, ETH burn ran at 11,000 ETH a year against issuance of 1,148,000 ETH a year, so the burn offset about 0.96% of new issuance.
- The entry queue held 1,370,118 ETH against an exit queue of 118,814 ETH, making the entry backlog 11.53 times the exit backlog.
Editor’s Choice
- Total ETH staked: 44.1 million ETH on Validator Queue.
- Active validators: 818,435 on Validator Queue.
- Network staking APR: 2.46% on Validator Queue.
- Lido staking TVL: 9.13 million ETH at the end of H1 2026.
- Bitmine staked ETH: 5,067,309 ETH as of October 4, 2026.
- Entry queue wait: 23 days, 19 hours for new deposits.
- ETH supply growth: +0.93% a year over the trailing seven days.
ETH Staking Statistics Overview: Total Staked, Ratio and Validators
- Validator Queue reported 44.1 million ETH staked, a 36.07% staking ratio and 818,435 active validators.
- Staking Rewards reported 43.86 million ETH staked and about 808,000 active validators, a gap of 240,000 ETH between the two trackers’ staked totals.
- Staking Rewards lists an ETH inflation rate of 0.86% alongside its 2.56% reward rate.
- Everstake measured approximately 36.08 million ETH staked at the end of 2025, or 29.3% of total supply, which places the October readings well above the 2025 close.
- Ethereum’s own documentation states that a validator requires at least 32 ETH and can hold up to 2048 ETH.
| Metric | Validator Queue | Staking Rewards |
|---|---|---|
| ETH staked | 44.1 million | 43.86 million |
| Staking ratio (%) | 36.07 | 35.9 |
| Active validators | 818,435 | 808,000 |
| Yield measure (%) | 2.46 (APR) | 2.56 (reward rate) |
Source: Validator Queue, Staking Rewards
How much ETH do I need to stake?
You need at least 32 ETH to activate your own validator, and one validator can hold up to 2048 ETH, according to ethereum.org. It is possible to participate with less through pooling solutions, many of which include liquid staking. Since EIP-7251, stakers receive rewards on every 1 ETH above the minimum rather than in multiples of 32.
About This Data
Figures come from 17 sources: 7 Ethereum Foundation, ethereum.org and SEC publications, 5 protocol and company reports or releases, 4 live data trackers and 1 independent research note. They span 2025 through October 2026, and live tracker readings date to October 21, 2026. Selection rule: protocol, company, regulator and on-chain data only. Figures are reviewed on a rolling basis and updated when sources publish new editions.
ETH Staking Market Share by Entity
- Lido led with 21.2% of all staked ETH on June 30, 2026, down 2.75 percentage points since the start of the year.
- Bitmine, a digital-asset treasury, reached 11.5%, the biggest gain on the list at +10.06 percentage points.
- Coinbase held 10.9% and Binance 7.9%, and the top three entities together held 43.6%.
- Grayscale, staking via Coinbase, held 3.1%.
- The largest net deposit gainers, Upbit, Binance, Coinbase, Figment, Bitmine and Kraken, were custody and exchange venues.
View the data
Key finding: Lido DAO’s H1 2026 report shows institutional staking rising from 25.9% to 35.3% of total staked ETH, while Bitmine alone gained 10 percentage points over six months. Exchanges, custodians and treasury companies such as Bitmine now set the pace of new deposits, which is why share tables matter more than raw protocol totals.
Recent Developments
- October 21, 2026: Validator Queue showed 1,370,118 ETH waiting to enter staking, with an estimated wait of 23 days, 19 hours.
- October 21, 2026: Lido’s API reported a latest daily stETH APR of 2.232%, part of a 7-day series used for its moving average.
- October 16, 2026: Following its activation on Sepolia on October 6, the Glamsterdam upgrade, which brings enshrined proposer-builder separation, was scheduled for the Hoodi testnet on October 26, 2026; the mainnet activation date has not yet been decided, according to an Ethereum Foundation post.
- October 4, 2026: Bitmine reported 5,067,309 staked ETH, worth $13.8 billion at $2,726 per ETH.
- August 28, 2026: Lido DAO published its H1 2026 report, with Lido Staking TVL at 9.13 million ETH and its staking market share at 21.18%.
ETH Staking APR and Yield Rates
- Validator Queue showed a network staking annual percentage rate (APR) of 2.46%.
- Daily stETH APR readings from the Lido API ranged from 2.204% to 2.255% across the latest seven days.
- Bitmine projected a $431 million annualized staking reward at full scale, using a 2.63% 7-day yield.
- Lido DAO noted that as the staked base expanded, staking APR compressed further.
- Bitmine’s 7-day yield ran 0.17 percentage points above the network APR, comparing Bitmine’s October 4, 2026 release with the October 21, 2026 network reading.
View the data
Liquid Staking Market Share by Protocol
- DefiLlama tracked 17.13 million ETH, worth $43.02 billion, in ETH liquid staking tokens (LSTs).
- Lido held 9.68 million ETH, a 56.52% share of that liquid staking market.
- Lido, Binance staked ETH and ether.fi together held 89.34% of LST total value locked (TVL).
- Everstake found the LST category’s share fell from 34.59% to 30.1% during 2025, with Lido dropping from 9.6 million to 8.6 million ETH.
- Lido’s 56.52% share of liquid staking tokens on DefiLlama on October 21, 2026 compares with its 21.2% share of all staked ETH on June 30, 2026. The two figures describe the same protocol against two different denominators and dates.
View the data
Liquid Staking Fees and APY by Protocol
- Among the eight protocols in the table below, DefiLlama lists fees from 5.00% for StakeWise V3 to 25.00% for Coinbase Wrapped Staked ETH.
- Rocket Pool charges a 14.00% fee and shows a supply annual percentage yield (APY) of 1.86%.
- Lido’s effective take rate rose to 6.15% without changing its 10% protocol fee.
- Wide fee gaps translate into far smaller yield gaps, because gross staking rewards differ between operators too.
| Protocol | Token | Fee (%) | Supply APY (%) |
|---|---|---|---|
| Lido | stETH | 10.00 | 2.23 |
| Binance staked ETH | wBETH | 10.00 | 2.24 |
| Rocket Pool | rETH | 14.00 | 1.86 |
| StakeWise V3 | osETH | 5.00 | 2.20 |
| Liquid Collective | LsETH | 10.00 | 2.34 |
| mETH Protocol | mETH | 10.00 | 2.16 |
| Coinbase Wrapped Staked ETH | cbETH | 25.00 | 2.32 |
| Frax Ether | sfrxETH | 10.00 | 2.70 |
Source: DefiLlama
Lido Staking Statistics
- Lido Staking TVL rose to 9.13 million ETH in H1 2026, up 386,000 ETH from 8.74 million.
- Across H1 2026, Lido’s net inflow peaked at 830,560 ETH in January, then swung to a net outflow of 396,730 ETH in April as the LayerZero/Kelp incident deepened withdrawals.
- Four Pillars data shows Lido’s share at 32.5% in May 2022 and 20.7% as of June 2026, while its staked ETH grew from about 4.1 million to 8.6 million. Lido DAO’s own 21.18% for the same month comes from a different count that includes ETH still waiting in the entry queue.
- WisdomTree’s Physical Lido Staked Ether ETP held 20,952 ETH, up 23% since its December launch.
View the data
Why it matters: Lido’s staking market share dropped from 23.93% to 21.18% while its TVL rose to 9.13 million ETH, according to Lido DAO. A shrinking share with a growing stake points to new money choosing custodians and treasuries, not to outflows alone.
ETH Staking Growth Since 2025
- Everstake recorded net staking growth of over 1.8 million ETH during 2025.
- Total staked ETH rose 19% in H1 2026, from 36.3 million to 43.1 million, including the entry queue and excluding the exit queue.
- The dollar value of the staking market fell from roughly $108 billion to about $68 billion over the same period, a decline of about 37%, as ETH/USD fell 47%.
- Everstake reported the staking ratio rose from 28% at the start of 2025 to 29.3% by year-end.
| Date | Measure | Value | Source |
|---|---|---|---|
| End of 2025 | ETH staked | ~36.08 million | Everstake |
| January 1, 2026 | ETH staked including entry queue, excluding exit queue | 36.3 million | Lido DAO |
| June 30, 2026 | ETH staked including entry queue, excluding exit queue | 43.1 million | Lido DAO |
| October 21, 2026 | ETH staked | 44.1 million | Validator Queue |
| October 21, 2026 | ETH staked | 43.86 million | Staking Rewards |
Source: Everstake, Lido DAO H1 2026 Report, Validator Queue, Staking Rewards
Ethereum Validator Queue Statistics
- The entry queue held 1,370,118 ETH with a wait of 23 days, 19 hours, while the exit queue wait was 3 days, 4 hours.
- ETH waiting to enter staking was 11.53 times the ETH waiting to exit.
- Both entry and exit churn are capped at 256 ETH per epoch, and an epoch lasts 6.4 minutes.
- Lido DAO reported the entry queue eased from a January 2026 peak above 4 million ETH to 2.9 million ETH at period end.
- Four Pillars put the entry queue wait above 50 days in June 2026.
View the data
Validator Consolidation and Withdrawal Times
- EIP-7251 raised the maximum effective balance of a validator to 2048 ETH, so a single validator can stake between 32 and 2048 ETH.
- Consolidated validators above 32 ETH grew from 2% to over 11% of all staked Ether within six months of 2025.
- Validator Queue showed 605,739 ETH in the consolidation queue, processed at a churn of 348 per epoch with a wait of 6 days, 13 hours, while exiting validators faced a separate sweep delay of 7.1 days.
- Ethereum.org estimates a full withdrawal sweep of 800,000 withdrawals takes 7.0 days, close to the live sweep delay above.
View the data
Institutional and Treasury ETH Staking
- Bitmine reported 5,067,309 staked ETH as of October 4, 2026, worth $13.8 billion.
- Corporate ETH treasuries, the public companies accumulating Ethereum, held 6.5 to 7 million ETH by December 2025, according to Everstake.
- Institutional staking rose from 25.9% to 35.3% of staked ETH in H1 2026.
- Lido’s stVaults reached 5,768 ETH, and the US stETH ETF had not launched, with VanEck’s S-1 still under review.
- SEC staff take the view that protocol staking activities do not involve the offer and sale of securities, and the same view covers liquid staking activities.
| Holder or product | ETH | Measure | Date |
|---|---|---|---|
| Bitmine | 5,067,309 | Staked ETH | October 4, 2026 |
| WisdomTree Physical Lido Staked Ether ETP | 20,952 | ETH held as stETH | H1 2026 report (published August 28, 2026) |
| Lido stVaults | 5,768 | ETH in vaults | H1 2026 report (published August 28, 2026) |
Source: Bitmine, Lido DAO
ETH Supply, Issuance and Burn
- Ultrasound.money showed a supply growth rate of +0.93% a year over the trailing seven days.
- On an annualized basis, the dashboard showed issuance of 1,148,000 ETH a year against a burn of 11,000 ETH a year.
- At those annualized rates, burned ETH equaled about 0.96% of the ETH issued.
- The 2.46% network APR exceeds that supply growth by 1.53 percentage points.
- ETH fee burn barely dents issuance, and holders who do not stake carry the dilution.
| Annualized flow (seven-day rate) | ETH per year |
|---|---|
| Issuance | 1,148,000 |
| Burn | 11,000 |
Source: ultrasound.money
By the numbers: Over its seven-day time frame, ultrasound.money put ETH issuance at 1,148,000 ETH a year and burn at 11,000 ETH a year, for supply growth of +0.93% a year. At these rates, fee burn offsets about 1% of issuance, so issuance sets almost all of the supply growth.
ETH Staking Risks: Slashing and Client Concentration
- Validators that go offline miss rewards and lose small amounts of ETH, while provable misbehavior results in slashing and forced removal from the network.
- A slashed validator has up to 1 ETH burned, removal takes 36 days, and a correlation penalty applies on Day 18.
- Pectra cut the initial slashing penalty from 1/32 to 1/4096 of the effective balance, so a 2048 ETH validator faces about 0.5 ETH against about 1 ETH for a 32 ETH validator before.
- A Prysm client outage in December 2025 dropped validator participation to about 75% and caused 248 missed blocks.
Slashing and concentration risk: Slashing burns up to 1 ETH and removes a validator over 36 days, and the December 2025 Prysm outage dropped participation to about 75%. Stakers who use the same operator or client share these penalties.
How risky is staking Ethereum?
Staking Ethereum carries protocol penalty risk, operator risk and smart contract risk. A slashed validator has up to 1 ETH burned and is removed from the network over 36 days. Pooled staking services are not native to Ethereum and carry their own risks: the protocol pays rewards to the pool’s validators, not to you directly. Client bugs and custody arrangements add operational risk on top.
Conclusion
Ethereum’s staked supply stands at 44.1 million ETH, a 36.07% staking ratio, with a 2.46% network APR. Lido still led with 21.2% of staked ETH on June 30, 2026, but Bitmine’s 11.5% shows treasuries now compete with pools and exchanges. Our view is that the share contest now runs between regulated custody products and liquid staking tokens rather than between staking pools.
The 1,370,118 ETH entry queue means more stake is still arriving. If the APR compression Lido DAO described continues, yields would drift lower as that stake activates. The Glamsterdam mainnet activation date has not yet been decided, so the next network upgrade has no fixed mainnet date.
