Data desk · Live
Liquid Staking
Liquid-staking protocols ranked by total value locked. Not financial advice.
| # | Protocol | Chain | 24h | TVL |
|---|---|---|---|---|
| 1 |  Lido | Multi-Chain | -0.82% | $17.37B |
| 2 | Binance staked ETH | Multi-Chain | -0.84% | $6.90B |
| 3 | Sanctum Validator LSTs | Solana | -2.80% | $1.08B |
| 4 |  Rocket Pool | Ethereum | -0.83% | $982.95M |
| 5 | Kinetiq kHYPE | Hyperliquid L1 | -0.68% | $822.68M |
| 6 | Binance Staked SOL | Solana | -2.45% | $753.58M |
| 7 | Jito Liquid Staking | Solana | -2.81% | $741.40M |
| 8 | StakeWise V2 | Multi-Chain | -0.84% | $699.24M |
| 9 | Liquid Collective | Ethereum | -0.82% | $593.86M |
| 10 | Lista Liquid Staking | Binance | -0.34% | $533.61M |
| 11 | mETH Protocol | Ethereum | -1.32% | $476.37M |
| 12 |  Jupiter Staked SOL | Solana | -2.96% | $382.51M |
| 13 | Coinbase Wrapped Staked ETH | Ethereum | -0.81% | $341.11M |
| 14 | Drift Staked SOL | Solana | -2.77% | $207.13M |
| 15 | Stader | Multi-Chain | -3.80% | $199.75M |
| 16 | Marinade Liquid Staking | Solana | -2.91% | $177.64M |
| 17 | Tonstakers LSD | TON | +0.31% | $174.68M |
| 18 | stHYPE | Hyperliquid L1 | -1.81% | $168.76M |
| 19 | Benqi Staked Avax | Avalanche | -0.60% | $141.95M |
| 20 | Phantom SOL | Solana | -2.99% | $118.15M |
| 21 | DoubleZero Staked SOL | Solana | -2.90% | $111.39M |
| 22 | JPool | Solana | -3.80% | $102.37M |
| 23 | The Vault Liquid Staking | Solana | -2.93% | $98.75M |
| 24 |  Frax Ether | Multi-Chain | -1.30% | $98.18M |
| 25 | Bybit Staked SOL | Solana | -2.96% | $89.04M |
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.
Articles & guides
Related reading
LearnHow to Read the Crypto Fear & Greed Index (Without Overreacting to It)
Micah Carnahan · 6 min read
LearnWhy Market Cap Can Be Misleading in CryptoMicah Carnahan · 6 min read
LearnDollar-Cost Averaging vs. Lump-Sum: What the Approach You Choose Actually ChangesMicah Carnahan · 6 min read
BitcoinWhat Actually Moves Bitcoin’s Price? A Framework for Reading the MarketMicah Carnahan · 5 min read
Browse the newsroom →
Micah Carnahan · 6 min read
LearnWhy Market Cap Can Be Misleading in Crypto
Micah Carnahan · 6 min read
LearnDollar-Cost Averaging vs. Lump-Sum: What the Approach You Choose Actually Changes
Micah Carnahan · 6 min read
BitcoinWhat Actually Moves Bitcoin’s Price? A Framework for Reading the Market
Micah Carnahan · 5 min read