Data desk · Live
Liquid Staking
Liquid-staking protocols ranked by total value locked. Not financial advice.
| # | Protocol | Chain | 24h | TVL |
|---|---|---|---|---|
| 1 | Multi-Chain | -2.93% | $17.61B | |
| 2 | Binance staked ETH | Multi-Chain | -3.27% | $7.00B |
| 3 | Sanctum Validator LSTs | Solana | -4.48% | $1.07B |
| 4 | Ethereum | -3.29% | $995.70M | |
| 5 | Kinetiq kHYPE | Hyperliquid L1 | -5.75% | $810.03M |
| 6 | Binance Staked SOL | Solana | -3.48% | $755.19M |
| 7 | Jito Liquid Staking | Solana | -3.58% | $736.15M |
| 8 | StakeWise V2 | Multi-Chain | -3.27% | $712.00M |
| 9 | Liquid Collective | Ethereum | -3.28% | $601.75M |
| 10 | Lista Liquid Staking | Binance | -1.83% | $533.32M |
| 11 | mETH Protocol | Ethereum | -3.23% | $479.52M |
| 12 | Solana | -3.35% | $384.15M | |
| 13 | Coinbase Wrapped Staked ETH | Ethereum | -3.25% | $346.15M |
| 14 | Drift Staked SOL | Solana | -3.36% | $207.47M |
| 15 | Stader | Multi-Chain | -3.22% | $200.45M |
| 16 | Marinade Liquid Staking | Solana | -3.51% | $177.85M |
| 17 | Tonstakers LSD | TON | -3.82% | $174.64M |
| 18 | stHYPE | Hyperliquid L1 | -6.16% | $165.44M |
| 19 | Benqi Staked Avax | Avalanche | -4.45% | $145.07M |
| 20 | Phantom SOL | Solana | -2.96% | $119.00M |
| 21 | DoubleZero Staked SOL | Solana | -3.36% | $111.56M |
| 22 | JPool | Solana | -3.39% | $102.42M |
| 23 | The Vault Liquid Staking | Solana | -3.36% | $99.10M |
| 24 | Multi-Chain | -6.64% | $95.84M | |
| 25 | Bybit Staked SOL | Solana | -3.10% | $89.67M |
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.