Lido Launches Major Upgrade Integrating 8M+ ETH, Validator Count to Drop One-Third

According to BlockBeats, on July 27, Lido announced its largest protocol upgrade since the V2 upgrade in 2023, integrating over 8 million staked ETH (approximately $16.5 billion) and migrating to a new validator architecture following Ethereum's Pectra upgrade.

The migration is expected to reduce Ethereum network validators by roughly one-third, lowering consensus layer load. Lido stated that attestation message volume per epoch will decline approximately 29% after completion, enhancing network efficiency. The upgrade transitions professional node operators to the Curated Module v2 (CMv2) architecture, which for the first time requires selected operators to lock ETH as collateral to economically guarantee node performance.