Definition ∞ LRT Market Share refers to the proportion of the total market value or staked capital held by a specific Liquid Restaking Token or its issuing protocol relative to all other LRTs. This metric indicates the dominance or adoption rate of individual liquid restaking solutions within the broader digital asset ecosystem. A higher market share suggests greater user trust and liquidity for that particular LRT. It serves as an indicator of protocol success and user preference.
Context ∞ LRT market share is a key performance indicator often reported in crypto news, reflecting competition and user preferences within the liquid restaking sector. Analysis frequently addresses the factors contributing to changes in market share, such as security audits, reward structures, or integration with other DeFi protocols. Monitoring these market share dynamics provides insight into the competitive landscape and growth trajectories of restaking solutions.