Data desk · Live
Liquid Staking
Liquid-staking protocols ranked by total value locked. Not financial advice.
| # | Protocol | Chain | 24h | TVL |
|---|---|---|---|---|
| 1 | Multi-Chain | -5.36% | $22.77B | |
| 2 | Binance staked ETH | Multi-Chain | -2.32% | $8.84B |
| 3 | ether.fi Stake | Multi-Chain | -1.98% | $4.21B |
| 4 | Sanctum Validator LSTs | Solana | -1.29% | $1.39B |
| 5 | Ethereum | -2.34% | $1.25B | |
| 6 | Kinetiq kHYPE | Hyperliquid L1 | -0.46% | $1.12B |
| 7 | Binance Staked SOL | Solana | -0.54% | $938.23M |
| 8 | Jito Liquid Staking | Solana | -1.39% | $929.74M |
| 9 | StakeWise V3 | Multi-Chain | -2.30% | $887.57M |
| 10 | Liquid Collective | Ethereum | -5.38% | $759.99M |
| 11 | Lista Liquid Staking | Binance | -3.40% | $633.61M |
| 12 | mETH Protocol | Ethereum | -2.64% | $561.75M |
| 13 | Solana | -1.67% | $479.55M | |
| 14 | Coinbase Wrapped Staked ETH | Ethereum | -5.22% | $456.40M |
| 15 | Drift Staked SOL | Solana | -0.88% | $260.57M |
| 16 | Stader | Multi-Chain | -2.36% | $247.54M |
| 17 | stHYPE | Hyperliquid L1 | -4.64% | $225.54M |
| 18 | Marinade Liquid Staking | Solana | -0.90% | $221.45M |
| 19 | Tonstakers LSD | TON | -1.66% | $182.38M |
| 20 | Benqi Staked Avax | Avalanche | -4.53% | $166.29M |
| 21 | Phantom SOL | Solana | -0.84% | $154.81M |
| 22 | JPool | Solana | -0.77% | $127.43M |
| 23 | The Vault Liquid Staking | Solana | -0.78% | $124.36M |
| 24 | Multi-Chain | -2.32% | $120.52M | |
| 25 | Bybit Staked SOL | Solana | -0.38% | $113.01M |
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.