Liquid staking protocols generated $92 million in fees in October, up 14.6% from September and the sector's fourth consecutive monthly increase. It was the second-highest monthly total of 2026, behind January's $124 million.
Why it matters
The sustained increase points to growing fee generation across liquid staking protocols. Lido Finance led the sector with 65% of October's total, while EtherFi ranked second. Together, they accounted for 80%.
Market impact
The figures show both rising fees and their concentration among the largest protocols. October's total remained $32 million below January's peak.
Source: [source](https://webappcsdfedsssd.controller.bot/media/files/8336652911/AgACAgIAAxkBAAJb32r0ST948fHtpXO0gjMSyFxz4aheAAJ6HGsbDESgS1Oh76zgDEDUAQADAgADeQADPQQ?sig=QxD1PXh8DmsW7AmkI9jqtRrYyL5BJ0V_uzSd_jjTIg8)
Frequently asked questions
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How fast did liquid staking fees grow in October?
Fees rose 14.6% from September, marking the fourth consecutive monthly increase.
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Which liquid staking protocol generated the most fees?
Lido Finance led the sector, accounting for 65% of October's fees.
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How much of the sector's fees came from Lido and EtherFi?
Lido and EtherFi together accounted for 80% of liquid staking protocol fees in October.
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How did October's fees compare with January's?
October's $92 million total was $32 million below January's $124 million.
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Where did October rank for liquid staking fees in 2026?
October was the second-highest month of 2026, behind January.
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