Liquid Staking Protocols
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0.00%24h Change
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| 7d Chart | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
76 ETHFI 76ether.fi | $0.6948 | 3.28% | 25.10% | 81.56% | $670.73 M | $672.95 M | $79.36 M | |||
113 LDO 113Lido DAO | $0.3733 | 0.62% | −5.23% | 26.10% | $311.39 M | $372.30 M | $42.82 M | |||
132 JTO 132Jito | $0.4379 | 5.11% | 7.83% | −22.60% | $227.89 M | $431.90 M | $16.86 M | |||
146 EIGEN 146EigenCloud (prev. EigenLayer) | $0.2142 | −0.47% | 9.10% | 21.21% | $197.69 M | $393.85 M | $18.17 M | |||
187 KMNO 187Kamino | $0.02544 | 2.11% | 1.78% | 37.80% | $140.16 M | $254.20 M | $4.15 M | |||
270 BR 270Bedrock | $0.2595 | −5.01% | −16.42% | 104.40% | $78.29 M | $258.90 M | $1.66 M | |||
339 KNTQ 339Kinetiq | $0.1998 | 0.88% | 0.58% | 108.20% | $56.04 M | $199.80 M | $2.42 M | |||
358 BABY 358Babylon | $0.01137 | 8.80% | 2.07% | −14.87% | $52.27 M | $124.83 M | $2.05 M | |||
413 SSV 413SSV Network | $2.76 | 3.76% | −6.61% | 31.49% | $44.05 M | $47.92 M | $1.54 M | |||
426 ANKR 426Ankr | $0.00419 | 2.14% | 0.01% | 20.80% | $41.90 M | $41.93 M | $6.08 M | |||
448 RPL 448Rocket Pool | $1.72 | 2.72% | 3.47% | 18.35% | $39.31 M | $39.15 M | $866,858.77 | |||
562 LISTA 562Lista DAO | $0.074 | 2.05% | −2.54% | 15.80% | $31.82 M | $58.98 M | $2.38 M | |||
583 REZ 583Renzo Protocol | $0.003277 | 6.10% | 7.93% | 17.48% | $29.41 M | $32.83 M | $11.81 M | |||
642 FRAX 642Frax (prev. FXS) | $0.2747 | 1.76% | −5.10% | −11.03% | $25.72 M | $27.27 M | $302,174.81 | |||
910 LAYER 910Solayer | $0.0701 | 3.44% | 1.10% | 18.09% | $14.72 M | $69.95 M | $9.59 M | |||
946 LUMIA 946Lumia | $0.075 | 1.95% | −8.58% | −2.90% | $13.49 M | $17.94 M | $1.68 M | |||
957 YB 957Yield Basis | $0.0866 | −5.86% | −12.01% | 11.48% | $13.11 M | $86.65 M | $8.57 M | |||
1029 AUTO 1029Hastra AUTO | $1.01 | 0.00% | 0.10% | 0.69% | $11.46 M | $11.46 M | $497,712.00 | |||
1036 KERNEL 1036KernelDAO | $0.0391 | 3.39% | 0.03% | 5.71% | $11.25 M | $39.43 M | $2.99 M | |||
1073 MNDE 1073Marinade | $0.01897 | −2.67% | −3.64% | −0.58% | $10.37 M | $13.28 M | $140,398.90 | |||
1075 BB 1075BounceBit | $0.00813 | 5.31% | −11.07% | −34.63% | $10.13 M | $17.39 M | $4.14 M | |||
1110 SDL 1110stake.link | $0.2538 | −2.23% | −12.55% | 5.02% | $9.70 M | $25.38 M | $3,397.39 | |||
1112 PUFFER 1112Puffer | $0.01852 | −4.23% | 17.83% | 44.98% | $9.80 M | $18.28 M | $8.36 M | |||
1149 QI 1149BENQI | $0.00127 | 4.00% | 0.39% | −5.19% | $9.14 M | $9.12 M | $468,487.21 | |||
1162 STO 1162StakeStone | $0.0396 | 3.51% | −3.24% | 0.55% | $8.92 M | $39.67 M | $1.42 M | |||
1203 SD 1203Stader | $0.1146 | 1.68% | −5.53% | 9.08% | $8.28 M | $13.78 M | $169,147.16 | |||
1611 SPA 1611Sperax | $0.002073 | −1.21% | −4.52% | 0.09% | $4.25 M | $9.60 M | $95,342.49 | |||
1628 XSTRK 1628Endur.Fi Staked STRK | $0.03399 | 1.45% | 7.13% | 24.49% | $4.11 M | $4.11 M | $149,440.00 | |||
1665 SWELL 1665Swell | $0.0007261 | 1.43% | −3.69% | 17.26% | $3.79 M | $7.26 M | $386,409.04 | |||
1668 GEAR 1668Gearbox Protocol | $0.0003785 | 4.23% | −12.06% | 13.80% | $3.79 M | $3.79 M | $291.08 | |||
1682 HAEDAL 1682Haedal Protocol | $0.01908 | 2.27% | 4.36% | 14.65% | $3.72 M | $19.08 M | $754,959.99 | |||
1753 PUMP 1753PumpBTC | $0.011812 | 2.28% | −3.04% | 11.32% | $3.37 M | $11.81 M | $1.95 M | |||
1797 ZRC 1797Zircuit | $0.0008662 | 0.40% | −2.98% | 2.51% | $3.17 M | $8.66 M | $125,474.00 | |||
1934 MITO 1934Mitosis | $0.01421 | 12.69% | −17.59% | −44.13% | $2.58 M | $14.13 M | $5.21 M | |||
2016 IAERO 2016iAero | $0.4104 | 0.71% | −0.10% | 23.82% | $2.30 M | $2.30 M | $3.85 | |||
2090 SWISE 2090StakeWise | $0.00273 | 2.48% | −1.65% | 20.16% | $2.06 M | $2.06 M | $19.14 | |||
2441 ECHO 2441Echo Protocol | $0.003825 | 1.78% | 0.40% | 14.38% | $1.35 M | $3.86 M | $5,892.86 | |||
2576 WTN 2576WaterNeuron | $0.009911 | −5.49% | −8.28% | −6.04% | $1.15 M | $1.15 M | $740.31 | |||
3004 HELDER 3004Helder | $0.2026 | −1.27% | −6.72% | −2.82% | $704,529.74 | $704,529.74 | $37,139.00 | |||
3044 STRD 3044Stride | $0.01662 | 0.86% | 8.17% | 6.78% | $672,328.12 | $672,328.12 | $547.04 | |||
3120 PRISMA 3120Prisma Finance | $0.006385 | 1.74% | −0.37% | −17.25% | $622,835.66 | $1.92 M | $357.60 | |||
3121 NICP 3121neuron ICP | $3.48 | −1.97% | 9.78% | 21.33% | $622,669.44 | $622,669.44 | $57.72 | |||
3261 THL 3261Thala | $0.007336 | −10.10% | −13.60% | −2.15% | $536,730.35 | $733,600.00 | $3,145.49 | |||
3268 HDRO 3268Hydro Protocol | $0.001063 | −2.08% | 12.92% | 9.06% | $533,894.95 | $1.06 M | $548.53 | |||
3315 HTM 3315Hatom | $0.03062 | −2.93% | −1.38% | 99.83% | $510,357.53 | $3.06 M | $7,875.78 | |||
3422 BNC 3422Bifrost | $0.012214 | −0.50% | −5.65% | −19.61% | $457,834.17 | $980,800.00 | $392,814.00 | |||
3596 LIQ 3596iAero Protocol LIQ | $0.0203 | 0.00% | −0.05% | −0.10% | $380,968.91 | $687,026.84 | $7.03 | |||
4189 FIS 4189Stafi | $0.001578 | 1.00% | −5.41% | −9.91% | $224,138.29 | $245,209.44 | $6,093.89 | |||
4367 ARBLUNA 4367ERIS Arbitrage LUNA | $0.1397 | 2.91% | 1.76% | −0.62% | $193,825.41 | $193,825.41 | $556.05 | |||
4801 HORD 4801Hord | $0.001591 | 2.94% | 2.49% | −20.61% | $140,988.03 | $509,120.00 | $132.46 | |||
4813 ASF 4813Asymmetry Finance | $0.00796 | 1.82% | −21.90% | −2.36% | $139,530.97 | $405,960.00 | $29.20 | |||
5049 GRAI 5049Grai | $0.4607 | 842.92% | 837.36% | −21.12% | $117,851.93 | $803,702.26 | $23.75 | |||
5243 DTIA 5243Drop Staked TIA | $0.3867 | −4.27% | −0.08% | 9.43% | $101,059.01 | $101,059.01 | $1,182.60 | |||
5517 P 5517Pike Finance | $0.0003626 | −0.08% | −0.77% | −4.00% | $83,428.34 | $129,973.96 | $9.48 | |||
5597 UPTOP 5597UpTop | $0.00007836 | 2.04% | 1.32% | 1.18% | $78,360.00 | $78,360.00 | $76.64 | |||
5625 SLUICE 5625Sluice | $0.00007696 | 4.11% | −51.03% | −72.55% | $76,960.00 | $76,960.00 | $40,604.35 | |||
6660 AMI 6660Amnis Finance | $0.0007319 | −4.09% | −12.90% | −48.97% | $37,248.70 | $732,900.00 | $47,535.10 | |||
7718 ENKI 7718ENKI Protocol | $0.1202 | 0.45% | 6.63% | −21.58% | $18,030.00 | $1.20 M | $73.84 | |||
7874 STAKE 7874StakeLayer | $0.00001632 | −0.43% | −0.55% | −14.87% | $16,125.15 | $68,054.40 | $3.17 | |||
9492 TAPT 9492Tortuga Staked Aptos | $0.7071 | −7.68% | 2.08% | 1.16% | $4,943.52 | $4,943.52 | $51.24 | |||
9626 HAWAL 9626Haedal Staked WAL | $0.02626 | 2.70% | 1.16% | 17.55% | $4,201.59 | $4,201.59 | $12.24 | |||
11258 NUT 11258Nucleon | $0.1167 | 2.16% | −4.88% | 2.56% | -- | $1,130.93 | $34.82 | |||
11865 YND 11865YieldNest | $0.0004055 | 1.36% | −0.00% | 3.85% | -- | $405,500.00 | $243.64 | |||
12140 XALGO 12140Folks Finance Staked xALGO | $0.1147 | 3.06% | 3.14% | 15.87% | -- | $1.15 B | $3,568.41 | |||
12278 TSTON 12278Tonstakers | $1.57 | 0.00% | −2.48% | 3.29% | -- | $59.52 M | $32,273.00 |
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).