Odaily Planet Daily News: Coinbase has released its first Ethereum validator performance report, disclosing its operations for February 2025.
Data shows that Coinbase currently operates 120000 Ethereum validators and manages 3.84M ETH (11.42% of total pledged ETH). In addition, 581500 ETH was pledged through partners. As of March 4th, Coinbase Ethereum validators have not experienced any slashing or double signature events and maintain a 99.75% online rate and 99.75% participation rate.
Coinbase uses Lighthouse and Prysm as consensus clients, Geth and Nethermind as execution clients, and supports 6 MEV transaction relays. Its validators are distributed in Japan, Singapore, Ireland, Germany, and Hong Kong, and are also hosted by AWS and GCP cloud service providers to enhance decentralization and fault recovery capabilities.