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Coinbase Q1 staked ETH reaches 4.5 million, accounting for 12.17% of the entire Ethereum network
ChainCatcher message, Coinbase releases Q1 2026 Ethereum validator performance report. Data shows that its validators currently stake a total of 4.5 million ETH, accounting for 12.17% of the total staked ETH on the Ethereum network. Coinbase states that it commits not to exceed 30% validator penetration on the Ethereum network.
The report indicates that Coinbase validators are deployed in five regions: Germany, Hong Kong, Ireland, Japan, and Singapore. The average online rate in Q1 2026 reached 99.98%, higher than the network-wide average of 99.77%.
Additionally, Coinbase states that its validators have not experienced any Slash or double-signing incidents since launch. Currently, they use two consensus layer clients: Lighthouse and Prysm, and three execution layer clients: Geth, Nethermind, and Reth.