Data desk · Live
Liquid Staking
Liquid-staking protocols ranked by total value locked. Not financial advice.
| # | Protocol | Chain | 24h | TVL |
|---|---|---|---|---|
| 1 | Multi-Chain | +1.78% | $27.12B | |
| 2 | Binance staked ETH | Multi-Chain | +1.82% | $10.25B |
| 3 | ether.fi Stake | Multi-Chain | +1.97% | $5.30B |
| 4 | JustLend sTRX | Tron | -0.20% | $3.30B |
| 5 | Sanctum Validator LSTs | Solana | +3.63% | $1.99B |
| 6 | Ethereum | +2.06% | $1.44B | |
| 7 | Jito Liquid Staking | Solana | +3.55% | $1.27B |
| 8 | Binance Staked SOL | Solana | +3.61% | $1.25B |
| 9 | Kinetiq kHYPE | Hyperliquid L1 | +1.23% | $1.08B |
| 10 | StakeWise V3 | Multi-Chain | +2.40% | $1.04B |
| 11 | Lista Liquid Staking | Binance | +1.03% | $899.56M |
| 12 | Liquid Collective | Ethereum | +1.81% | $752.43M |
| 13 | mETH Protocol | Ethereum | +1.80% | $647.21M |
| 14 | Solana | +3.97% | $632.51M | |
| 15 | Coinbase Wrapped Staked ETH | Ethereum | +2.48% | $527.15M |
| 16 | Drift Staked SOL | Solana | +3.57% | $344.47M |
| 17 | Marinade Liquid Staking | Solana | +3.15% | $279.56M |
| 18 | Stader | Multi-Chain | +0.66% | $278.89M |
| 19 | Forward Industries SOL | Solana | +3.96% | $264.94M |
| 20 | Benqi Staked Avax | Avalanche | +1.40% | $260.52M |
| 21 | DFDV Staked SOL | Solana | +3.56% | $223.48M |
| 22 | stHYPE | Hyperliquid L1 | +1.37% | $209.54M |
| 23 | Tonstakers LSD | TON | +4.30% | $207.06M |
| 24 | Phantom SOL | Solana | +3.79% | $196.09M |
| 25 | The Vault Liquid Staking | Solana | +3.94% | $163.23M |
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.