Data desk · Live
Liquid Staking
Liquid-staking protocols ranked by total value locked. Not financial advice.
| # | Protocol | Chain | 24h | TVL |
|---|---|---|---|---|
| 1 | Multi-Chain | -1.75% | $16.29B | |
| 2 | Binance staked ETH | Multi-Chain | -1.71% | $6.57B |
| 3 | Sanctum Validator LSTs | Solana | -2.79% | $1.08B |
| 4 | Ethereum | -0.99% | $945.41M | |
| 5 | Kinetiq kHYPE | Hyperliquid L1 | -6.97% | $916.99M |
| 6 | Binance Staked SOL | Solana | -2.38% | $755.03M |
| 7 | Jito Liquid Staking | Solana | -2.42% | $748.30M |
| 8 | StakeWise V2 | Multi-Chain | -1.74% | $672.66M |
| 9 | Liquid Collective | Ethereum | -2.08% | $569.93M |
| 10 | Lista Liquid Staking | Binance | -1.30% | $538.76M |
| 11 | mETH Protocol | Ethereum | -1.71% | $454.37M |
| 12 | DoubleZero Staked SOL | Solana | -1.92% | $394.52M |
| 13 | Solana | -2.37% | $392.00M | |
| 14 | Coinbase Wrapped Staked ETH | Ethereum | -1.44% | $306.17M |
| 15 | Stader | Multi-Chain | -2.29% | $226.63M |
| 16 | Drift Staked SOL | Solana | -2.38% | $209.78M |
| 17 | Tonstakers LSD | TON | -1.59% | $190.13M |
| 18 | stHYPE | Hyperliquid L1 | -5.45% | $187.40M |
| 19 | Marinade Liquid Staking | Solana | -2.16% | $182.63M |
| 20 | Benqi Staked Avax | Avalanche | +0.78% | $147.30M |
| 21 | Phantom SOL | Solana | -2.31% | $118.33M |
| 22 | JPool | Solana | -0.97% | $105.74M |
| 23 | The Vault Liquid Staking | Solana | -2.80% | $103.15M |
| 24 | Multi-Chain | -4.11% | $94.08M | |
| 25 | Bybit Staked SOL | Solana | -2.77% | $91.95M |
Source: DefiLlama. Figures are informational and not financial advice.
What liquid staking actually does
Liquid staking lets you stake a proof-of-stake asset to help secure the network and earn rewards, while holding a tradeable receipt token that stays usable elsewhere in DeFi — instead of locking the original asset with no liquidity. Rising TVL tends to track staking yield relative to other options.
What to watch
- The receipt token’s peg to the underlying asset — small discounts can appear during periods of stress.
- How decentralized the validator set actually is, since concentration adds risk.
- Staking yields float and the underlying asset’s price risk is unchanged — this isn’t a fixed-return product.