Home > RESEARCH > Research: 78% of all staked ETH is across 4 centralized providers; 74% of all blocks are OFAC compliant

Research: 78% of all staked ETH is across 4 centralized providers; 74% of all blocks are OFAC compliant

On-chain data reveals that approximately 8-9 million ETH is currently staked across four centralized providers.

The bet of ETH in the chain data information shows that it is estimated that 78% of all bets on ETH come from four centralized service providers.

At this stage, about 8-9 million ETH are pledged among the following four dealers:

  • Lido – 4.5 million ETH
  • Coinbase – bet 2 million ETH
  • Kraken – 1.2 million ETH
  • Binance – 1 million ETH

As of the time of submission, 75% of all blocks manufactured by ETH are basically considered to meet the needs of the Office of Property Manipulation Companies (OFAC) of other countries, and this number is increasing every week. By comparison, about 15% of all blocks manufactured by ETH still do not conform to OFAC, while the remaining 11% are "non MEV Boost" blocks.

Just one month ago, it was estimated that 51% of the blocks were OFAC compliant. Compared with the data information on the chain at this stage, this shows the efficient change of ban review - the compliance rate has jumped above 20% in just one month.

We have reached another sad milestone at the review level: 51%, which means that if the review verifiers now terminate the certification of non review blocks, they will finally produce a standardized 100% review chain. Picture.twitter.com/JrYUjowLpt

— Martin Köppelmann

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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