Withdrawal Queue

The mechanism governing when staked assets are returned to depositors. On Ethereum, exiting the validator set requires joining a queue that processes a limited number of exits per epoch; under normal conditions, exits take hours to days, but mass exit events can extend the queue to weeks or months by design. LSTs provide liquidity by allowing secondary-market sale at a potential discount instead of waiting. For institutional staking mandates, withdrawal queue depth and timing are key liquidity risk inputs alongside yield.