Ethereum‘s institutional staking boom is growing, but Lido’s share is shrinking
Lido, the liquid-staking protocol, captured just 5.7% of Ethereums net staking growth in the first half of 2026. For holders of its LDO token, the business challenge is to turn a growing market into DAO income that can fund automated purchases. Related Asset Ethereum #2 ETH · $2,496.94 24-hour change: up 0.08% 24H Up 0.08% 7D Up 4.98% 30D Up 33.39% The gap is visible in NEST, Lidos automated buyback mechanism. At 00:00 UTC on Sept. 9, the contract that releases funds for purchases recorded a negative cumulative budget of about $517,024 and skipped an allocation. Its negative budget measured a deficit in calculated buyback capacity. Funding was already in place, while the rules required more cumulative surplus before a purchase could be financed. Institutional routing is one part of that business challenge. Lido‘s first-half report describes capital moving into segments where it captured less growth, while its current institutional offering includes a fee waiver that favors adoption over immediate income. ETH’s dollar price and the rewards earned on each staked coin also affect the outcome. Related Company Lido Liquidity for staked assets A growing market, a smaller share Lidos H1 operating and financial report puts total staked ETH at 43.1 million at June 30, compared








