Data desk · Live
Liquid Staking
Liquid-staking protocols ranked by total value locked. Not financial advice.
| # | Protocol | Chain | 24h | TVL |
|---|---|---|---|---|
| 1 | Multi-Chain | -0.17% | $20.02B | |
| 2 | Binance staked ETH | Multi-Chain | -1.41% | $7.97B |
| 3 | ether.fi Stake | Multi-Chain | -0.41% | $3.92B |
| 4 | JustLend sTRX | Tron | -0.62% | $3.13B |
| 5 | Sanctum Validator LSTs | Solana | -0.63% | $1.50B |
| 6 | Ethereum | -0.30% | $992.70M | |
| 7 | Binance Staked SOL | Solana | -1.50% | $908.71M |
| 8 | Jito Liquid Staking | Solana | -0.53% | $859.72M |
| 9 | StakeWise V3 | Multi-Chain | -0.72% | $804.96M |
| 10 | Kinetiq kHYPE | Hyperliquid L1 | -0.33% | $731.49M |
| 11 | Lista Liquid Staking | Binance | -0.61% | $688.22M |
| 12 | Liquid Collective | Ethereum | -0.07% | $573.42M |
| 13 | mETH Protocol | Ethereum | -0.28% | $488.32M |
| 14 | Solana | +0.24% | $428.33M | |
| 15 | Coinbase Wrapped Staked ETH | Ethereum | -1.23% | $408.82M |
| 16 | Forward Industries SOL | Solana | +0.20% | $264.20M |
| 17 | Drift Staked SOL | Solana | +0.14% | $234.01M |
| 18 | Benqi Staked Avax | Avalanche | +3.33% | $205.70M |
| 19 | Marinade Liquid Staking | Solana | -0.46% | $189.84M |
| 20 | Tonstakers LSD | TON | +11.13% | $183.14M |
| 21 | DFDV Staked SOL | Solana | +0.32% | $178.97M |
| 22 | Stader | Multi-Chain | -0.43% | $172.31M |
| 23 | stHYPE | Hyperliquid L1 | -0.69% | $166.16M |
| 24 | Phantom SOL | Solana | -0.93% | $136.49M |
| 25 | Bybit Staked SOL | Solana | -1.62% | $122.59M |
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.