Lido's latest tokenholder update for May 2026 reveals a decline in its ETH staking market share, including queued stakes, from 24.1% in December 2025 to 20.8%. Despite this, Lido Core's total value locked (TVL) increased from 8.81 million ETH to 8.86 million ETH. The Kelp incident impacted EarnETH's TVL, which fell from 111,000 ETH in April to 58,000 ETH in May. Lido assured that no user funds were lost, with Lido DAO covering the related losses. Additionally, Lido's DAO take rate rose to a record high of 6.103%, up from 4.965%. The platform reported a revenue surplus of approximately $3 million for Q1 2026.