RocketPool: User Profile - LIDO vs. RocketPool

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    Introduction

    So far a few platforms has provided solutions for ETH staking. Lido is the first and most prominent one. On LIDO users are allowed to stake ETH and receive stETH in 1:1 rate to use it for earning extra passive income. The other platform that facilitates ETH staking is RocketPool. RocketPool provides rETH against any ETH staked on RocketPool.

    This dashboard compares this two platforms in terms of their users.

    Results

    The graph below shows the daily number of ETH stakers on RocketPool vs Lido.

    As can be seen the number of stakers on LIDO is significantly higher than the number of stakers on Rocket Pool. We can see also a growing trend in the number of stakers on LIDO.

    The graph below shows the daily amount of staked ETH on both platforms. The mount of staked ETH on LIDO is considerably higher than the amount of ETH on Rocket Pool. Also again we can see a growing trend for LIDO.

    Graphs below compare the average ETH staked per staking action and per unique user respectively.

    We can see both the average amount per staking action and the average amount of ETH per user both are higher for lido compared to Rocket Pool.

    Summary of findings

    • The daily number of unique stakers is higher on LIDO compared to Rocket Pool.

    • A growing trend can be found in the daily number of stakers over time for LIDO.

    • The average staked ETH per user is higher in LIDO compared to Rocket Pool. This implies that LIDO attracts more whales or users with the higher ETH balance compared to Rocket Pool. Rocket Pool targets smaller users.