[Liquid Staking Protocol TVL Drops to $33.4 Billion, Hitting a Two-Year Low] According to CryptoRank data, in Q2 2026, the Total Value Locked (TVL) of liquid staking protocols dropped to $33.4 billion, marking the lowest level in nearly two years, a decline of approximately 56% from the all-time high of $76.0 billion in Q3 2025.