Liquid Staking
Unlock liquidity for staked assets and earn rewards in decentralized finance.
Top gainers this week
Top losers this week
$SAVE +49 places this week
$GGP -39 places this week
$ANKR climbed 38 places this week
$FLUID · 8 gem score this week
$PSOL hit a gem score of 80 this week
$mSOL slipped from the category leaders this week
64 tokens rose and 79 fell this week
$TLS +78 places this month
@EnaLiquid Staking+1•18$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, with more tokens experiencing upward momentum over the 30-day period (104 up, 39 down) compared to the 7-day period (64 up, 79 down), indicating a recent shift in sentiment. On the 7-day window, ether.fi governance token (ETHFI) was a significant entrant among the top K tokens. Top climbers for the 7-day period include Save SOL (SAVE) with a 49 rank delta and 113.9% score increase, and PlutusDAO (PLS) with a 36 rank delta and 122.9% score increase. Notably, GETH and Marinade Select (MNDE) were among the fallers, decreasing by 16 and 17 ranks respectively. Over the 30-day window, Test Liquid Staking (TLS) led climbers with a 78 rank delta and a 42.9% score increase, while Rocket Pool ETH (rETH) also showed strong growth with a 21 rank delta. Meanwhile, Baby BFT (BBFT) and Vouch Staked PLS (vPLS) were notable fallers. Phantom Staked SOL (PSOL) consistently held the highest score extreme across both 7-day and 30-day periods. On the other hand, Fluid (FLUID) registered the lowest score extreme on the 7-day chart, while SharedStake (SGT) marked the lowest on the 30-day chart.
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.