Lido's share in Ethereum steaking has fallen to 25%

Previously dominating the Ethereum stacking market, the Lido Finance platform with the token $LDO has reduced its share in the segment to 25%, which is the lowest since March 2022. Back in February, the value was 32%, while in March it was already 29.6%. Cumulatively, Lido's share has fallen by 5% in the last six months.

On July 6, total staking deposits reached a record ~36.5 million $ETH , before dropping to 36.1 million ETH. Lido was the leader in terms of net outflows over the last month.