Onchain Finance · 05 / 8
Secure a chain, earn its rewards
Proof-of-stake chains pay rewards to validators who lock capital and can be slashed for misbehaving. Liquid staking wraps that position in a token you can use elsewhere; restaking pledges the same stake to secure additional services for extra rewards and extra slashing risk.
Value locked · live
$65.9B
DefiLlama categories: Liquid Staking, Restaking, Liquid Restaking
Largest
Lido
35% of the category · $23.4B
Live from DefiLlama · 17 Oct 2026 20:19 UTC · refreshed hourly
Vanilla
Run or delegate to a validator directly. Locked, with an exit queue.
Liquid
A token like stETH tracks the stake and trades or collateralizes freely.
Restaking
Stake secures extra services (AVSs) for extra yield and slashing.
Ranked by value locked, live from DefiLlama.
| # | Name | TVL | Share | Chains |
|---|---|---|---|---|
| 01 | Lido | $23.4B | 35.4% | 5 |
| 02 | Binance staked ETH | $9.0B | 13.7% | 2 |
| 03 | EigenCloud | $6.2B | 9.4% | 1 |
| 04 | ether.fi Stake | $4.6B | 7.0% | 6 |
| 05 | Babylon Protocol | $3.3B | 5.0% | 1 |
| 06 | JustLend sTRX | $3.3B | 5.0% | 1 |
| 07 | Sanctum Validator LSTs | $1.8B | 2.7% | 1 |
| 08 | Rocket Pool | $1.2B | 1.9% | 1 |
Slashing
Validator faults burn part of the stake; restaking adds more conditions.
Depeg and exit queues
LSTs can trade below their redemption value when exits are slow.
Concentration
A few operators controlling much of the stake is a systemic risk.
On Tempo
Tempo uses a permissioned validator set rather than public staking, so this primitive lives on other chains.