The value locked in Ethereum liquid staking protocol Rocketpool reached $1 billion, as it seeks to capture more of the liquid staking market.
The majority of this value, $641 million, is in staked ether, while the remaining $359 million is in the project's native token RPL.
The project now has a 5.64% share of the Ethereum liquid staking market. That puts it third behind Lido — which makes up the lion's share of the market, at 74% — and Coinbase, which has a 16% share.
"It's a big milestone. And we're really proud of the growth that we've kind of managed to achieve," said Darren Langley, general manager at Rocketpool. "In terms of the TVL, I think we just want to build the best product that we can and serve the community. In terms of our node operators, yes, we're just very intent on …