SlowMist founder Yu Xian said Lido’s seven-day average APR rose from 2.2% to 4.2% over two days, attributing the move to higher Ethereum execution-layer rewards after a reported Binance hack, BlockBeats reported.
Reported APR move
The figures describe Lido’s seven-day average APR as cited by Yu Xian. They are a reported snapshot for the stated period, not a fixed or guaranteed return for stETH holders.
Yu Xian’s explanation
Yu Xian said the Binance incident triggered intense on-chain competition, increasing Ethereum execution-layer rewards and benefiting stETH holders. The available flash attributes the explanation to his post and does not provide an independent rewards dataset.
What holders should watch
Staking yields can change with network activity and validator economics. The reported APR can move in either direction, and it does not remove market, smart-contract, custody or liquidity risks associated with stETH.
Source: BlockBeats English flash, published October 31, 2026.