Top Liquid Staking Derivatives tokens by market capitalization
Liquid Staking Derivatives contains 74 coins with a total market capitalization of $73.07B and an average price change of +0.37%. They are listed in size by market capitalization.
Liquid staking derivatives allow users to stake their digital assets, such as cryptocurrencies, and in return receive a liquid derivative token that represents their staked amount. This derivative can then be traded, used as collateral, or engaged in other DeFi protocols, offering greater liquidity and flexibility compared to traditional staking methods. By leveraging these derivatives, participants can earn staking rewards while simultaneously utilizing their staked capital in various financial activities.
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Name | Price | 24h (%) | 7D (%) | Market cap | 24h volume | Supply | Last 24h | Operation | |
---|---|---|---|---|---|---|---|---|---|
Lido Staked ETHstETH | $3,228.33 | +1.32% | +14.05% | $31.62B | $63.77M | 9.79M | |||
Lido wstETHWSTETH | $3,202.88 | +2.75% | +8.75% | $11.63B | $43.20M | 3.63M | |||
$2,722.51 | +2.65% | +9.23% | $4.79B | $224,210.14 | 1.76M | ||||
Wrapped Beacon ETHWBETH | $2,855.11 | +2.81% | +8.54% | $2.89B | $2.63M | 1.01M | |||
Rocket Pool ETHRETH | $3,031.42 | +2.34% | +8.44% | $1.53B | $9.70M | 504180.00 | |||
$2,837.1 | +2.71% | +8.48% | $1.34B | $4.69M | 471726.80 | ||||
Renzo Restaked ETHEZETH | $2,764.34 | +2.69% | +8.85% | $1.36B | $18.74M | 493474.20 | |||
$176.12 | -0.61% | -4.35% | $739.60M | $10.45M | 4.20M | Trade | |||
Lido DAOLDO | $1.19 | -- | -- | $0 | $0 | 0.00 | Trade | ||
$2,770.87 | +2.62% | +8.82% | $716.59M | $1.94M | 258615.69 | ||||
pufETHPUFETH | $2,723 | +2.59% | +9.81% | $1.35B | $8.01M | 494281.94 | |||
$2,934.06 | +2.64% | +8.28% | $490.90M | $2.34M | 167309.42 | ||||
JitoJTO | $3.11 | +11.30% | +34.57% | $401.23M | $252.85M | 128.83M | Trade | ||
Frax Staked EtherSFRXETH | $2,980.95 | +2.78% | +9.44% | $434.59M | $1.44M | 145787.60 | |||
Liquid Staked ETHLSETH | $2,870.22 | +2.37% | +8.01% | $241.90M | $60,438.68 | 84280.03 | |||
$166.85 | -0.69% | -4.65% | $281.50M | $6.89M | 1.69M | ||||
$24.71 | +1.28% | +0.15% | $177.42M | $1.15M | 7.18M | ||||
swETHSWETH | $2,892.52 | +2.44% | +8.64% | $411.37M | $1.16M | 142217.36 | |||
AnkrANKR | $0.02973 | -0.79% | +15.90% | $297.35M | $31.02M | 10.00B | Trade | ||
Rocket PoolRPL | $10.53 | +1.57% | +1.83% | $219.32M | $9.37M | 20.83M | Trade | ||
StakeWise Staked ETHosETH | $2,785.81 | +2.21% | +8.72% | $101.23M | $125,490.61 | 36338.16 | |||
Volo Staked SUIVSUI | $0.9599 | -4.53% | +52.93% | $32.25M | $322,457.37 | 33.59M | |||
Haedal Staked SUIHASUI | $0.9702 | -4.46% | +52.83% | $25.37M | $1.07M | 26.15M | |||
BENQIQI | $0.01418 | -1.06% | +6.22% | $70.32M | $6.17M | 4.96B | |||
StrideSTRD | $0.6174 | -5.41% | +0.78% | $54.23M | $95,216.79 | 87.83M | |||
Lido Staked MaticstMATIC | $0.4754 | +0.63% | +2.92% | $73.23M | $20,747.9 | 154.03M | |||
Ankr Staked ETHankrETH | $3,173.67 | +2.52% | +8.76% | $45.01M | $51,289.25 | 14182.80 | |||
Persistence OneXPRT | $0.1751 | -0.71% | -0.04% | $37.36M | $483,384.7 | 213.37M | |||
StaFiFIS | $0.3085 | -0.05% | -3.91% | $32.27M | $7.45M | 104.60M | Trade | ||
StaderSD | $0.7420 | -3.74% | -11.69% | $30.25M | $7.27M | 40.76M | Trade | ||
TranchessCHESS | $0.1555 | -1.69% | +2.70% | $29.77M | $6.57M | 191.50M | Trade | ||
Stride Staked DYDXstDYDX | $1.16 | +3.11% | +10.82% | $25.39M | $26,650.53 | 21.88M | |||
pSTAKE FinancePSTAKE | $0.04739 | -6.54% | +7.54% | $20.83M | $2.28M | 439.65M | Trade | ||
PandoraPANDORA | $2,034.5 | +1.13% | +28.36% | $20.34M | $4.64M | 10000.00 | |||
Lido Staked SOLstSOL | $175.06 | -0.81% | -4.76% | $14.23M | $267,275.85 | 81282.34 | |||
Stride Staked TIAstTIA | $6.36 | +9.64% | +24.88% | $16.70M | $95,783.96 | 2.63M | |||
EntangleNGL | $0.09942 | -4.97% | +59.93% | $10.92M | $819,914.12 | 109.85M | |||
Stride Staked OSMOstOSMO | $0.4955 | +1.05% | +8.25% | $7.68M | $67,021.38 | 15.51M | |||
Edgevana Staked SOLEDGESOL | $164.75 | -0.84% | -4.88% | $3.24M | $5,669.52 | 19677.62 | |||
Ankr Staked BNBankrBNB | $571.57 | +0.88% | +7.19% | $2.44M | $187,631.96 | 4272.55 | |||
K9 FinanceKNINE | $0.{5}7690 | -2.25% | -10.25% | $1.05M | $166,026.32 | 136.37B | |||
Ankr Staked MATICankrMATIC | $0.4926 | -0.52% | +2.78% | $658,628.04 | $240.54 | 1.34M | |||
HordHORD | $0.004310 | -4.72% | -5.70% | $381,930.39 | $55,987.39 | 88.62M | |||
pSTAKE Staked OSMOSTKOSMO | $0.4062 | -- | +7.47% | $276,596.47 | $0 | 680904.00 |
FAQ
What is an example of Liquid Staking Derivatives?
One of the most notable examples of liquid staking derivatives is Lido and its staked ether derivative, stETH. - Lido is a decentralized staking protocol that allows users to stake their Ethereum and in return receive stETH (staked ETH) tokens. - stETH represents a user's staked Ethereum in the Ethereum 2.0 Beacon Chain. The value of stETH corresponds to the staked ETH along with the staking rewards, adjusted for any potential penalties. The primary advantage of stETH over traditional staking is liquidity. While the actual ETH is locked in Ethereum 2.0 staking, stETH can be freely traded, used as collateral, or integrated into other DeFi protocols. This means users can still utilize the economic value of their staked ETH without waiting for Phase 1.5 or 2.0 of the Ethereum upgrade where staked ETH is expected to become liquid. With stETH, users can effectively participate in Ethereum 2.0 staking, earn rewards, and simultaneously leverage the staked assets' value in other DeFi activities.
Why are Liquid Staking Derivatives important?
They bridge the gap between staking and DeFi. Traditional staking locks up assets, which can limit a user's ability to participate in other financial activities. Liquid staking derivatives allow users to earn staking rewards while also having the flexibility to leverage their staked capital in other DeFi endeavors, maximizing the utility of their digital assets.
How do Liquid Staking Derivatives differ from traditional staking?
Traditional staking often requires users to lock up their assets for a predetermined period, restricting liquidity. In contrast, with liquid staking derivatives, while the underlying assets are staked, users receive a derivative token that maintains liquidity, allowing them to trade, lend, or use it as collateral in other DeFi protocols without unstaking the original assets.
Are there risks associated with Liquid Staking Derivatives?
Yes, like all DeFi protocols and tools, there are inherent risks. These may include smart contract vulnerabilities, the volatility of the derivative token's price, and potential regulatory challenges. It's essential for users to research and understand the specifics of any protocol or platform they engage with.
How do Liquid Staking Derivatives handle the volatility of the underlying assets?
The value of liquid staking derivatives is tied to the staked assets. If the underlying asset's price is highly volatile, the derivative token's value might also fluctuate. Some platforms might employ mechanisms like over-collateralization or stabilization pools to mitigate these effects, but users should be aware of this inherent risk.
Are there any concerns related to the centralization of Liquid Staking Derivatives platforms?
While the goal of DeFi is to be decentralized, some liquid staking platforms might rely on centralized nodes or validators, which could become potential points of failure. This centralization can introduce risks related to censorship, potential shutdowns, or even collusion among validators.
Which platforms or protocols offer Liquid Staking Derivatives?
Several platforms and protocols in the DeFi space offer liquid staking derivatives. Popular ones include Lido, RocketPool, and ANKR. Users should always do their due diligence when selecting a platform.