Liquid Staking
Unlock liquidity for staked assets and earn rewards in decentralized finance.
Top gainers this week
Top losers this week
$PSOL has led the category 7 days running this week
$SAVE fell 47 places this week
$BANK climbed 34 places this week
$ANKR -32 places this week
$FLUID · 8 gem score this week
$PSOL hit a gem score of 80 this week
90 tokens rose and 51 fell this week
$TLS +92 places this month
@EnaLiquid Staking+1•18$LINK is looking like it’s gonna skyrocket soon
- @EnaLiquid Staking+1•17
$LINK is another gem to look into.
Thank me later.
- @EnaLiquid Staking+1•16
$LINK is one of the best things that can happen to you as a trader IYKYK
@radkoLiquid Staking+1•15$LINK is mooning
Frequently asked questions
How has Liquid Staking performed recently?
The Liquid Staking category has seen varied movement over the past month, with 97 tokens showing upward momentum compared to 44 trending downwards. Phantom Staked SOL (PSOL) demonstrated remarkable consistency, leading streaks for both 7 and 30 days and holding the highest score extreme. Over the past 30 days, Test Liquid Staking (TLS) and Hypha (GGP) were significant climbers, with GGP seeing a 131.8% score increase. LSDx ETHx (LSD) also climbed notably in the 7-day window, with a 121.8% score increase. Conversely, Save SOL (SAVE) was a prominent faller in both periods, experiencing score declines of 51.4% (7-day) and 54.1% (30-day). Marinade staked SOL (mSOL) entered the top K over the 30-day period, while Sanctum Validator LSTs (SANC) exited. Fluid (FLUID) held the lowest score extreme in the 7-day period, while SharedStake (SGT) held it over 30 days.
What is liquid staking?
Liquid staking allows users to stake their cryptocurrency while still retaining access to their capital. In exchange for their staked assets, users receive a liquid staking derivative (LSD) token, which represents their staked position and accrued rewards. This LSD token can then be used in other DeFi protocols.
How does liquid staking work?
When you stake your assets through a liquid staking protocol, your original assets are locked on the underlying blockchain. In return, the protocol issues you a new token (the LSD). This LSD token can be traded, lent, or used in other DeFi applications while your original assets continue to earn staking rewards.
What are the benefits of liquid staking?
The primary benefit is increased capital efficiency. Users can earn staking rewards while simultaneously participating in other DeFi activities like lending or providing liquidity. It also often simplifies the staking process for users and can reduce the barrier to entry for smaller stakers.
What are the risks associated with liquid staking?
Risks include smart contract vulnerabilities in the liquid staking protocol, potential de-pegging of the liquid staking derivative from the underlying asset, and general market volatility. Understanding the specific protocol's design and audit history is important.
Can I unstake my assets from liquid staking?
Yes, typically liquid staking protocols offer an unstaking mechanism, though the process and timelines can vary. You can often 'redeem' your liquid staking derivative for the underlying staked asset, subject to network unbonding periods and protocol-specific conditions.