Lido Plans 0x02 Migration for More Than 265,000 Ethereum Validators

Lido’s Curated Module v2 is designed to migrate more than 265,000 Ethereum validators to 0x02 compounding credentials, a change intended to consolidate validator infrastructure and reduce consensus-layer traffic. The migration was projected to increase the share of Ether (ETH) secured by compounding validators from 32.06% to 52.21%. The figures were published as projections tied to the planned migration on July 27, 2026. Ethereum’s Pectra upgrade increased the maximum effective balance for a validator from 32 ETH to 2,048 ETH and enabled multiple 32 ETH validators to be consolidated into one.