Liquid Staked ETH (LSETH) Market Update
Current Price and Performance
Liquid Staked ETH is trading at $3,299.05, with a 24-hour price movement of -0.13%. Over the past seven days, LSETH has gained 5.90%, outperforming the global cryptocurrency market which is up 4.00%, while underperforming similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
Market Capitalization and Trading Activity
The circulating supply of Liquid Staked ETH is 256,783 LSETH with a current market cap of $847,140,643. LSETH is ranked #110 on CoinGecko with 260 thousand tokens tradable on the market.
Trading volume remains modest, with 24-hour trading volume at $8,453.69. The most popular exchange to buy and trade Liquid Staked ETH is Uniswap V3 (Base), with other popular options including Kraken and Uniswap V3 (Ethereum).
Recent Protocol Developments
In March 2025, LsETH was deployed on Morpho, a permissionless decentralized lending platform, and Kraken added support for LsETH trading. FalconX, a digital asset prime brokerage, joined Liquid Collective to integrate Liquid Staked ETH (LsETH) and Liquid Staked SOL (LsSOL), providing its institutional clients with direct access to staking, liquidity, and collateralization options.
Institutional Adoption and Ecosystem Growth
Liquid staking Total Value Locked (TVL) reached a record $86 billion, driven by an ETH rally and growing institutional interest, with Lido leading the sector. The SEC officially clarified that liquid staking is not considered a security under U.S. law, providing regulatory clarity for the sector.
About Liquid Staked ETH
Liquid Collective is a secure liquid staking protocol with multi-chain capabilities, developed by a collective of leading web3 teams in collaboration with industry leaders, aiming to provide an enterprise-grade decentralized liquid staking standard for widespread adoption. Liquid Staked ETH (LsETH) is a receipt token generated when users stake ETH through the Liquid Collective protocol, following the ERC-20 cToken model and allowing users to control their network reward flow.
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