Lido Staked SOL Logo

Lido Staked SOL STSOL

Lido Staked SOL header image

1. Summary

Limited data

  • 79% of the Lido Staked SOL code repositories are forked (originally copied) from another project.

Ranks

Liquidity
88
Developer
36
Social
96
Momentum (beta)
75
Stack Rankā„¢
58
Price
$228.29 +2.5%
Market Cap
$24.22M (#1198)
Supply
106,156.00 / 106,156.00
Price
52W High price $237.40
52W High date 1st Apr 2024 (8 months ago)
All Time High (ATH) Date 7th Nov 2021 (3 years ago)
ATH Price $263.24
% From ATH -28.23%
All Time Low (ATL) Date 29th Dec 2022 (1 year ago)
ATL Price $8.65
% From ATL 2082.85%
Supply & Trading Volume
Trading Volume (24h) $153,928.00
Total Supply 106,156.00
Circulating Supply 106,156.00
Description

Lido for Solana

Lido for Solana

Lido for Solana is a Lido-DAO governed liquid staking protocol for the Solana blockchain. It allows users to stake SOL tokens with Lido and receive stSOL tokens in return. These stSOL tokens represent a liquid staking position with Lido validators.

Staking and Rewards

When staking SOL tokens, users receive stSOL tokens immediately without any waiting time. As staked SOL delegations accrue rewards, the value of the stSOL tokens appreciates. This allows Solana token holders to maintain liquidity on their staked assets, which can then be traded or utilized as collateral in DeFi products.

Functionality

The stSOL tokens can be used to reap secondary rewards through DeFi protocols, and they can also be exchanged for SOL tokens on the open market or in liquidity pools on AMM protocols. This liquidity factor differentiates Lido staking from traditional staking methods and enhances the user experience.

Staking Benefits

The key benefits of staking SOL through Lido include a one-step process for depositing into the pool, immediate diversification of validators, and instant liquidity with the ability to exchange stSOL for SOL at any time. Additionally, the liquid staking method eliminates the need for multiple stake accounts for diversifying staked SOL across validators, thereby streamlining the staking process.

Project Overview

In summary, Lido for Solana offers a streamlined liquid staking protocol that enhances the Solana ecosystem by providing users with instant liquidity, diversified validator risks, and integrated DeFi protocols support. This allows for efficient management of staked assets and creates new opportunities for secondary rewards in the Solana DeFi ecosystem.

2. Price

STSOL

2.1. Market Performance

How does Lido Staked SOL's (STSOL) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

13.2%

STSOL

-8.9%

Similar Market Cap

60 Day Return

10.1%

STSOL

-20.2%

Similar Market Cap

1 Year Return

656.9%

STSOL

120.0%

Similar Market Cap

3. Developer Activity

We're monitoring 246 Lido Staked SOL GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Lido Staked SOL Repos)

Commits vs. The Market

  • Past 4 weeks: 13 commits vs. an average of 1
  • Past 12 weeks: 17 commits vs. an average of 7
  • Past year: 23 commits vs. an average of 104

Most Active Repos

Past week 215
Past 12 weeks 648
Past year 1179
Past week 2
Past 12 weeks 250
Past year 597
Past week 0
Past 12 weeks 0
Past year 317
Past week 4
Past 12 weeks 36
Past year 311
Past week 0
Past 12 weeks 2
Past year 282

Top Developers 2024

In total, 966 developers have contributed to Lido Staked SOL over the past year. Who are the most active Lido Staked SOL developers, by commits, over the past year?

Related Projects

Developers working on Lido Staked SOL also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 5,504
Active Reddit Users (past 24h) 13
Discord users 29,909
Active Discord Users 2,158
Telegram Users 12,268
Twitter followers 219,541
5. News
  • decrypt.co/price/lido-staked-sol

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  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/?pk_vid=023a54644742d0f016700164419728c7 Official

  • solana.lido.fi/anchor Official

  • solana.lido.fi/anchor Official

  • solana.lido.fi/anchor Official

  • solana.lido.fi/anchor Official

  • solana.lido.fi/anchor Official

  • solana.lido.fi/anchor Official

  • solana.lido.fi/anchor Official

  • solana.lido.fi/anchor Official

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://solana.lido.fi/
Explorer https://solscan.io/token/7dHbWXmci3dT8UFYWYZweBLXg...
Twitter @lidofinance
reddit /r/lidofinance

What is the correct contract address for Lido Staked SOL?

Solana 7dHbWXmci3dT8UFYWYZweBLXgycu7Y3iL6trKn1Y7ARj

Has Lido Staked SOL been audited for security?

No security audits found for this project.

Are you the owner of Lido Staked SOL? Edit it here

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