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 5 days running this week
$BBFT climbed 43 places this week
$GGP -29 places this week
$PRISMA fell 28 places this week
$PSOL hit a gem score of 80 this week
43 tokens rose and 95 fell this week
Up 43 places this month, $LISTA is gaining ground
@EnaLiquid Staking+1•18$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 shows mixed signals across timeframes. Over the past seven days, the market saw more tokens decline than rise, with 90 tokens down and 48 up. Phantom Staked SOL (PSOL) demonstrated strong performance, being the top-ranked token and holding a 5-day streak as a leader, with 2Z Token (2Z), StakeWise V3 (SWISE), YieldNest (YND), and Helius Staked SOL (hSOL) also seeing significant upward movement. Conversely, PrismaLRT (PRISMA), Renzo Restaked ETH (ezETH), and uniBTC (uniBTC) were notable fallers. Over the 30-day period, market breadth was more balanced with 71 tokens down and 67 up. Lista DAO (LISTA), PUFFER, and Lorenzo Governance Token (BANK) were among the biggest climbers, while Liquid Staking Token (LST), K9 Finance DAO (KNINE), and PrismaLRT (PRISMA) experienced the largest declines. Chainlink Staking (LINK) and Sanctum Validator LSTs (SANC) were new entrants to the top K, while Marinade staked SOL (mSOL) and xSOL exited the top K.
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.