Lido Analytics Update: Feb 5 - 12, 2024

Ethereum's economic security metric has reached a historic peak of $153.8 billion, marking a significant milestone for the network's stability and reliability. This development follows a strong trajectory of growth, with the blockchain demonstrating robust transaction volumes. In late 2023, Ethereum processed $250 billion in weekly transactions, showcasing sustained network demand. Key points: - Economic security metric hits $153.8B ATH - Represents increased network stability - Follows pattern of strong transaction activity - Demonstrates growing institutional confidence *Economic security* refers to the network's ability to resist attacks and maintain integrity, making this milestone particularly noteworthy for enterprise adoption.

Lido's Q2 2025 validator metrics show significant progress in client diversity and decentralization: - 478.7 stETH distributed to client development teams - Reth client adoption doubled: * Curated Module: 3.36% (+1.29pp) * Simple DVT: 1.6% (+1.4pp) Infrastructure distribution remains diverse: - Public cloud leads Curated Module (51.86%) - Dedicated servers dominate Simple DVT (61.97%) - Home setups preferred in CSM (59.1%) 31 new operators joined CSM, though active validators decreased to 293. Stake distribution improved with Gini Coefficient at 0.9177. [View full report](http://app.hex.tech/8dedcd99-17f4-49d8-944e-4857a355b90a/app/VaNOM-Lido-on-Ethereum-Validator-Node-metrics)

GK8 by Galaxy has integrated support for institutional custody of stETH, Lido's liquid staking token. This development combines: - GK8's Impenetrable Vault technology - uMPC cosigning framework - Access to over $30B of stETH liquidity The integration provides institutional asset managers with a secure pathway to earn Ethereum staking rewards at scale. This follows Komainu's similar move in May 2025, indicating growing institutional interest in liquid staking. Learn more: [GK8 Custody Launch](http://blog.lido.fi/gk8-galaxy-launches-custody-for-lido-steth)

Lido Labs is hosting its inaugural Tokenholder Update Call on August 14 at 2:00 PM UTC. The session will cover: - Strategic roadmap and priorities - Financial updates - Long-term LDO token alignment - Protocol success metrics This follows the successful Community Update Call #2, which addressed key initiatives including delegation, staking modules, and governance structures. [Register for the call](http://lu.ma/5pavcvdj)

The SEC has provided crucial guidance confirming that liquid staking tokens like stETH are not securities. This landmark decision brings regulatory clarity for Lido and the broader DeFi ecosystem. Key implications: - US platforms can now integrate stETH without securities law concerns - Institutional adoption barriers significantly reduced - Potential for increased CEX and fintech platform support Commissioner Hester Peirce likened liquid staking to traditional asset depositing practices. For Lido, this ruling legitimizes their protocol design and enables expansion in the US market.