- Use Cases
Staked ETH is one of the most popular topics in DeFi. Staking ETH can be done with a centralized exchange (CEX) such as Coinbase or Binance or a decentralized staking provider like Lido. Similar risks exist amongst both centralized and decentralized platforms, but because centralized staking requires users to give possession of their assets to a third party, users can exert more control over their assets with liquid staking derivatives such as Lido.
One of the primary categories of data offered at Amberdata is on-chain data. Our extensive on-chain endpoints make it possible to view and analyze staked ETH data from popular DeFi providers. Below are three examples of Lido staked ETH data using Amberdata’s on-chain data.
View all transaction flows into a Lido contract with the transactions endpoint. See transaction details such as the address staking ETH, amount staked, gas used, time, and much more. Here is an example Lido stETH contract: 0xae7ab96520DE3A18E5e111B5EaAb095312D7fE84.
stETH Holder Analysis
Investigate the addresses and actions of large staked ETH holders. View what percentage of the total staked ETH an address owns and how much it has. To see an analysis of staked ETH APY over time and address concentration, please view our Jupyter Notebook here.
Analyzing stETH APR
Yield is one of the most requested metrics when looking at staked ETH. On-chain data endpoints show the Lido yield (APR) and the raw staking yield (APR) from the Beacon chain. To run the query, please view our Jupyter Notebook here. (Please note: This notebook only functions for dates before 5/16/23. For data from 5/16/23 onward, please use this notebook.)