Sum of the USD value of native assets actively committed to network security across the latest coherent observation for each chain.

Latest date

Chain Comparison: Total Value Securing Networks

## Methodology

**Stake rate** is active stake divided by issued total supply for every chain. The chart's Cohort Median is the daily median among available chains.

**Yield** is nominal trailing 30-day gross APR and includes only comparable observations.

**Liquid share** is measured liquid-staked supply divided by active stake. 

**Net stake flow** is the daily change in active stake.

Active stake in USD

Chain Comparison: Value Securing the Network

Cohort Median is the daily median across available chains, not an aggregate stake rate.

Active stake as a share of issued supply

Chain Comparison: Stake Rate (Total Supply)

Includes chains with a current, standardized trailing 30-day gross APR; other yield methods are excluded.

Comparable current cohort

Chain Comparison: 30-Day Gross Staking APR

Blank values indicate unavailable standardized LST coverage, not zero liquid staking.

Liquid-staked supply as a share of active stake

Chain Comparison: Liquid Stake Share

Inferred from consecutive daily changes in active stake and valued at the daily token price.

Daily change in active stake, USD

Chain Comparison: Net Stake Flow

One row per chain using its latest observation with active stake, issued total supply, and total-supply stake rate. APR is shown only when the canonical trailing 30-day gross measure is current. Blanks mean unavailable or stale, not zero.

Latest coherent security observation by chain

Chain Comparison: Latest Staking Snapshot

One row per entity-chain using that chain's latest available report date. Unidentified is the explicit residual between reviewed entity mappings and canonical total stake.

Latest available observation for each covered chain

Staking Entities: Latest Attribution by Chain

Identified entities ranked by total attributed USD stake across each chain's latest available report date.

Identified organizations ranked across their latest chain observations

Staking Entities: Cross-Chain Leaderboard

Shows the USD value of canonical stake attributed to each entity type over time.

**Entity types**
- **Validator Operator:** An identified organization that directly operates validator infrastructure for itself or on behalf of clients, including professional staking services and infrastructure providers.
- **Centralized Exchange:** Exchange-controlled validators or pools, including customer staking stake attributed to the exchange.
- **Liquid Staking Protocol:** A protocol that pools stake and issues a liquid staking token representing the staked position.
- **Liquid Restaking Protocol:** A protocol that deploys staked or liquid-staked assets through restaking and issues or manages liquid restaking positions.
- **Custodian:** A custody provider that holds and stakes assets for clients.
- **Foundation:** An official organization attached to or responsible for the chain or ecosystem.
- **Unidentified:** Canonical stake not mapped to a reviewed entity. This is an attribution gap, not evidence of independent control.

USD value of canonical stake by entity classification category

Staking Entities: Stake Attribution by Category

Each bar uses the chain's latest available entity snapshot and sums to 100% of canonical stake. Categories describe the identified organization to which the stake is attributed.

**Entity types**
- **Validator Operator:** An identified organization that directly operates validator infrastructure for itself or on behalf of clients, including professional staking services and infrastructure providers.
- **Centralized Exchange:** Exchange-controlled validators or pools, including customer staking stake attributed to the exchange.
- **Liquid Staking Protocol:** A protocol that pools stake and issues a liquid staking token representing the staked position.
- **Liquid Restaking Protocol:** A protocol that deploys staked or liquid-staked assets through restaking and issues or manages liquid restaking positions.
- **Custodian:** A custody provider that holds and stakes assets for clients.
- **Foundation:** An official organization attached to or responsible for the chain or ecosystem.
- **Unidentified:** Canonical stake not mapped to a reviewed entity. This is an attribution gap, not evidence of independent control.

Share of canonical stake across the eight largest covered native assets by market cap

Staking Entities: Entity Category Mix by Chain

Ranks identified organizations by the number of covered staking chains on which they are present. Attributed stake and validator counts are summed across each chain's latest available observation; validator counts remain blank where a source does not provide them.

Organizations identified on two or more staking networks

Staking Entities: Multi-Chain Operator Footprint

Each bar decomposes 100% of canonical stake using the chain's latest available entity snapshot. Top Entity is the largest identified organization; Next 4 Identified completes the top-five cohort; Other Identified contains the remaining reviewed mappings. Unidentified is the attribution gap, not evidence of independent control.

Top entity, next four, other identified stake, and attribution gap

Staking Entities: Concentration by Chain

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Staking Entity Attribution

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