Current annualized return on ETH pledges is at an all-time high of 8.6%. Since the Shanghai upgrade, 3.4million ETH have been deposited into ETH2.0 contracts and 2.67million ETH have been withdrawn, for a net pledge of 734.92k ETH (worth $1.4bn). Previously, stETH APR was also pushed up to an all-time high of 8% due to a speculative boom.