Liquid Staking Protocols
0.08%
0.00%24h Change
7d Change
| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
81 ETHFI 81ether.fi | $0.5997 | 1.87% | 11.45% | 56.92% | $578.92 M | $579.98 M | $42.42 M | |||
98 LDO 98Lido DAO | $0.412 | −0.46% | 17.43% | 42.78% | $343.67 M | $412.00 M | $44.77 M | |||
133 JTO 133Jito | $0.4488 | −0.87% | 2.38% | −8.80% | $232.74 M | $442.85 M | $35.06 M | |||
147 EIGEN 147EigenCloud (prev. EigenLayer) | $0.2172 | 2.50% | 14.11% | 20.38% | $199.95 M | $397.02 M | $11.94 M | |||
186 KMNO 186Kamino | $0.025 | −1.24% | 1.50% | 24.61% | $136.99 M | $250.10 M | $2.76 M | |||
284 BR 284Bedrock | $0.2491 | 4.05% | 16.82% | 76.71% | $75.15 M | $248.50 M | $1.02 M | |||
307 KNTQ 307Kinetiq | $0.2398 | 15.59% | 36.99% | 139.84% | $67.26 M | $239.80 M | $2.46 M | |||
365 BABY 365Babylon | $0.01123 | −2.87% | −7.78% | 0.15% | $51.56 M | $123.10 M | $4.67 M | |||
392 SSV 392SSV Network | $2.98 | −0.25% | 10.78% | 45.59% | $47.48 M | $51.74 M | $3.01 M | |||
412 ANKR 412Ankr | $0.00437 | 1.28% | 10.57% | 25.27% | $43.70 M | $43.78 M | $16.77 M | |||
448 RPL 448Rocket Pool | $1.75 | 1.03% | 9.55% | 13.88% | $39.90 M | $39.95 M | $1.02 M | |||
547 LISTA 547Lista DAO | $0.0767 | −5.90% | 11.21% | 40.60% | $32.98 M | $61.20 M | $1.07 M | |||
583 REZ 583Renzo Protocol | $0.003307 | 8.00% | 15.27% | 25.57% | $29.29 M | $33.29 M | $3.66 M | |||
604 FRAX 604Frax (prev. FXS) | $0.2948 | −1.08% | −0.09% | −5.48% | $27.60 M | $29.39 M | $262,339.58 | |||
876 YB 876Yield Basis | $0.106 | 9.99% | 11.07% | 53.78% | $16.05 M | $106.20 M | $9.56 M | |||
895 LAYER 895Solayer | $0.0733 | 2.55% | 9.90% | 21.29% | $15.39 M | $73.55 M | $26.87 M | |||
911 LUMIA 911Lumia | $0.0834 | −0.26% | −4.51% | 10.30% | $15.01 M | $19.99 M | $1.65 M | |||
939 BB 939BounceBit | $0.00967 | 14.37% | 26.24% | −18.75% | $12.05 M | $23.84 M | $4.23 M | |||
1035 KERNEL 1035KernelDAO | $0.0409 | 1.50% | 5.78% | 23.87% | $11.77 M | $40.99 M | $4.08 M | |||
1038 SDL 1038stake.link | $0.3082 | 1.65% | 12.61% | 28.84% | $11.78 M | $30.82 M | $13,393.12 | |||
1082 MNDE 1082Marinade | $0.01975 | −0.44% | −1.11% | 5.90% | $10.79 M | $13.83 M | $65,870.74 | |||
1153 STO 1153StakeStone | $0.0421 | 0.00% | 3.36% | 6.79% | $9.49 M | $42.08 M | $674,489.68 | |||
1178 QI 1178BENQI | $0.001259 | 0.19% | −1.16% | 2.05% | $9.06 M | $9.08 M | $342,682.04 | |||
1201 SD 1201Stader | $0.1216 | −2.12% | −6.21% | 10.49% | $8.70 M | $14.60 M | $164,069.39 | |||
1232 PUFFER 1232Puffer | $0.0157 | −0.15% | 10.36% | 25.40% | $8.31 M | $15.64 M | $550,023.90 | |||
1433 AUTO 1433Hastra AUTO | $1.01 | 0.00% | 0.10% | 0.59% | $5.89 M | $6.20 M | $541,581.00 | |||
1606 SPA 1606Sperax | $0.002171 | −1.22% | 3.48% | 5.17% | $4.45 M | $10.02 M | $66,473.26 | |||
1621 XSTRK 1621Endur.Fi Staked STRK | $0.0364 | 0.71% | 21.58% | 22.11% | $4.29 M | $4.29 M | $12,105.77 | |||
1677 SWELL 1677Swell | $0.0007445 | −2.34% | −3.49% | 20.17% | $3.89 M | $7.48 M | $313,708.56 | |||
1686 GEAR 1686Gearbox Protocol | $0.0003851 | −7.12% | 3.04% | 4.54% | $3.85 M | $3.85 M | $4,686.84 | |||
1729 HAEDAL 1729Haedal Protocol | $0.01866 | −0.54% | 2.49% | 20.04% | $3.64 M | $18.62 M | $415,390.20 | |||
1741 PUMP 1741PumpBTC | $0.012425 | −0.30% | 4.36% | 16.99% | $3.54 M | $12.41 M | $2.23 M | |||
1798 ZRC 1798Zircuit | $0.0008816 | −0.88% | 2.02% | −2.96% | $3.22 M | $8.84 M | $170,878.00 | |||
1843 MITO 1843Mitosis | $0.01644 | −3.60% | −25.74% | −29.12% | $2.98 M | $16.43 M | $5.32 M | |||
1962 LIQUIFY 1962LiquiFy Dao | $0.002552 | 0.00% | 750.93% | −43.32% | $2.55 M | $2.55 M | $5.00 | |||
2026 IAERO 2026iAero | $0.4186 | 0.92% | 8.10% | 25.48% | $2.35 M | $2.35 M | $68.91 | |||
2100 SWISE 2100StakeWise | $0.002805 | −0.74% | 1.14% | 7.22% | $2.12 M | $2.12 M | $139.73 | |||
2424 ECHO 2424Echo Protocol | $0.00405 | −0.84% | 9.39% | 24.02% | $1.43 M | $4.04 M | $8,910.30 | |||
2429 WTN 2429WaterNeuron | $0.01217 | 10.79% | 9.40% | 18.61% | $1.42 M | $1.42 M | $2,422.82 | |||
2976 HELDER 2976Helder | $0.2161 | −0.04% | −1.06% | 1.29% | $751,475.21 | $751,475.21 | $659.06 | |||
3098 NICP 3098neuron ICP | $3.69 | 8.85% | 20.59% | 40.68% | $660,244.32 | $660,244.32 | $3,369.05 | |||
3118 PRISMA 3118Prisma Finance | $0.00664 | 1.44% | 7.20% | −13.60% | $647,710.07 | $1.99 M | $502.36 | |||
3127 THL 3127Thala | $0.008757 | −1.22% | 2.28% | 16.60% | $638,949.78 | $875,699.99 | $244.24 | |||
3128 STRD 3128Stride | $0.01573 | 1.54% | −7.87% | 30.39% | $636,324.99 | $636,324.99 | $484.36 | |||
3339 HDRO 3339Hydro Protocol | $0.001034 | 9.26% | 7.30% | 9.31% | $518,359.55 | $1.03 M | $1,040.94 | |||
3423 HTM 3423Hatom | $0.02882 | −4.36% | 9.23% | 87.00% | $480,356.11 | $2.88 M | $18,133.87 | |||
3533 BNC 3533Bifrost | $0.011277 | −10.09% | −21.84% | −17.75% | $422,711.31 | $901,600.00 | $397,620.00 | |||
4155 FIS 4155Stafi | $0.001698 | −0.32% | −1.27% | −28.06% | $241,183.03 | $263,856.55 | $17,332.22 | |||
4255 ARBLUNA 4255ERIS Arbitrage LUNA | $0.1597 | 13.76% | 23.11% | 31.23% | $219,679.45 | $219,679.45 | $3,433.50 | |||
4440 SLUICE 4440Sluice | $0.0001888 | 0.60% | −34.68% | −21.99% | $188,800.00 | $188,800.00 | $66,200.54 | |||
4567 ASF 4567Asymmetry Finance | $0.01022 | −0.52% | −3.52% | 10.94% | $172,353.55 | $521,220.00 | $31.87 | |||
4798 HORD 4798Hord | $0.001639 | 4.49% | −12.05% | −16.54% | $145,241.60 | $524,480.00 | $8.17 | |||
4803 PHX 4803PHOENIX | $0.0000005 | −1.57% | 591.49% | 1025.20% | $144,578.04 | $144,578.04 | $219.25 | |||
5379 ASCAKE 5379Aster Staked CAKE | $2.31 | −0.17% | 16.55% | 56.29% | $94,753.96 | $94,552.20 | $8.31 | |||
5558 P 5558Pike Finance | $0.0003644 | 0.00% | −1.17% | −3.73% | $83,842.50 | $130,619.18 | $0.03 | |||
5679 UPTOP 5679UpTop | $0.00007657 | −4.75% | 1.47% | −1.99% | $76,570.00 | $76,570.00 | $9.95 | |||
5928 KAPT 5928Kofi Aptos | $0.6279 | 8.98% | 19.87% | 9.54% | $63,154.51 | $63,154.51 | $1.88 | |||
6398 GRAI 6398Grai | $0.1783 | 258.89% | −75.67% | −69.70% | $45,611.02 | $311,048.65 | $15.48 | |||
6530 AMI 6530Amnis Finance | $0.00082 | −3.70% | −29.94% | −32.66% | $41,732.39 | $817,500.00 | $52,416.49 | |||
7646 MILK 7646MilkyWay | $0.00004715 | −6.17% | 28.51% | 11.89% | $19,607.06 | $47,150.00 | $15.68 | |||
7648 ENKI 7648ENKI Protocol | $0.1305 | −2.83% | 12.15% | −14.34% | $19,575.00 | $1.31 M | $340.18 | |||
7914 STAKE 7914StakeLayer | $0.00001649 | 0.00% | −4.13% | −16.55% | $16,293.12 | $68,763.30 | $2.10 | |||
9478 TAPT 9478Tortuga Staked Aptos | $0.7492 | 2.67% | 21.51% | 5.55% | $5,202.48 | $5,202.42 | $9.85 | |||
9627 HAWAL 9627Haedal Staked WAL | $0.0278 | 0.58% | 14.64% | 10.67% | $4,448.00 | $4,448.00 | $8.38 | |||
11271 NUT 11271Nucleon | $0.1259 | −0.58% | 4.19% | 29.06% | -- | $1,220.09 | $20.88 | |||
11273 LSD 11273Liquid Staking Derivative | $0.00609 | 2.62% | 2.62% | 32.83% | -- | $25,578.00 | $3.12 | |||
11850 YND 11850YieldNest | $0.0004093 | 0.45% | −5.77% | 0.60% | -- | $409,300.00 | $154.09 | |||
12114 XALGO 12114Folks Finance Staked xALGO | $0.1169 | 0.12% | 12.36% | 10.22% | -- | $1.17 B | $61.17 | |||
12245 TSTON 12245Tonstakers | $1.63 | −0.61% | 5.84% | 3.16% | -- | $61.80 M | $177,799.00 |
Frequently Asked Questions
What are Liquid Staking Protocols (LSTs)?
Liquid staking protocols are DeFi platforms that let users stake a base asset — ETH, SOL, BTC, TIA or ATOM — and receive a liquid staking token (LST) representing the staked position plus accruing rewards. The LST stays transferable and composable across DeFi as lending collateral or LP inventory, removing native staking's capital lock-up. DropsTab tracks dozens of liquid staking protocols across ETH, Solana, Bitcoin and Cosmos ecosystems. Lido DAO (LDO), Jito (JTO) and ether.fi (ETHFI) rank among the largest by Total Value Locked (TVL).
How does liquid staking differ from native (traditional) staking?
Liquid staking differs from native staking by issuing a transferable token against the staked position, while native staking locks the base asset directly with a validator. Native staking freezes capital during bonding and unbonding periods, leaving it idle. Liquid staking returns an LST that stays usable across DeFi during that period. The trade-off is explicit: liquid staking adds smart-contract and depeg risk that native staking avoids. Both liquid and native staking accrue base validator rewards on the underlying stake.
What is the difference between liquid staking and liquid restaking (LST vs LRT)?
Liquid staking tokens (LSTs) represent a base asset staked with validators, while liquid restaking tokens (LRTs) route that staked asset through a restaking layer such as EigenLayer for additional yield. ether.fi (ETHFI) leads the LRT segment, followed by Renzo (REZ) and Puffer (PUFFER). EigenCloud/EigenLayer (EIGEN) is the foundational restaking layer underpinning most LRTs. LRTs carry higher risk than LSTs: LRTs stack restaking-layer and AVS slashing exposure on top of base staking risk.
Where does liquid staking yield come from?
Liquid staking yield comes from three structural sources. Base validator rewards form the core — protocols stake the underlying asset and pass through the chain's staking issuance. Priority fees and MEV (maximal extractable value) add a second layer; Jito (JTO) redistributes Solana MEV to jitoSOL holders. Restaking adds a third layer, where LRTs earn extra rewards for securing additional services. Accrual is structural, not promised: rebasing tokens grow holder balances, while reward-bearing tokens raise redemption value versus the base asset.
How are liquid staking protocols ranked by TVL?
Analysts rank liquid staking protocols primarily by Total Value Locked (TVL), measured in both dollars and native asset staked. Market share by TVL identifies the largest LST, while the number of integrated chains and validators serves as a decentralization proxy. Validator-set concentration signals centralization risk. For liquid restaking tokens, the number of AVSs secured adds a further metric. DropsTab's category scanner lets investors filter dozens of liquid staking protocols and compare structural metrics side by side.
Which are the top liquid staking protocols?
Lido DAO (LDO) leads the liquid staking sector as the largest protocol by TVL — roughly half of total liquid-staking-sector TVL (DeFiLlama). Lido DAO issues stETH, the benchmark ETH LST. Rocket Pool (RPL) runs the largest permissionless ETH alternative via rETH. Jito (JTO) dominates Solana staking with jitoSOL, and ether.fi (ETHFI) leads liquid restaking. Lido DAO holds about half the sector but only ≈23% of all staked ETH — a share declining as institutions stake directly.
What are the risks of liquid staking?
Liquid staking carries four structural risks. Concentration risk: one dominant ETH LST (Lido DAO, about half the sector) raises governance-capture concerns for Ethereum itself. Depeg risk: an LST can trade below its underlying asset during stress or mass-exit congestion. Slashing risk: validator penalties and operator failure pass through directly to LST holders. Smart-contract risk compounds in liquid restaking tokens, which stack restaking-layer and AVS slashing exposure. Regulatory scrutiny of staking-as-a-service and yield tokens adds further exposure.
How can investors track liquid staking protocols on DropsTab?
DropsTab tracks dozens of liquid staking protocols across ETH, Solana, Bitcoin, Cosmos, Aptos, Algorand and TON ecosystems on the Liquid Staking category page. Investors filter the coin list by TVL and chain to compare protocols, then open each token's vesting schedule and fundraising history for structural due diligence. Drops Bot alerts flag price and unlock events for tracked liquid staking tokens. The category spans classic LSTs, liquid restaking tokens (LRTs) and Bitcoin-staking designs such as Babylon (BABY).