TechFlow reported on March 20 that Coinbase has released its Ethereum validator performance report. As of March 4, 2025, Coinbase operated 120,000 validators, staking 3.84 million ETH, accounting for 11.42% of the total staked amount. The report showed that in February 2025, Coinbase validators achieved an average uptime and participation rate of 99.75%. The validators are distributed across 5 countries and 2 cloud providers. Since launch, there have been no incidents of slashing or double-signing.
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