Ask about Drop
Logo of DropDrop
Total Value Locked$529,818.49

TVL by Chain

Neutron$529,818.49

Key Metrics

Total Raised$4m

Oct 17, 2024$4mRound: SeedInvestors: CoinFund, Cosmostation, Interop Ventures, CMS Holdings, Anagram, Chorus One Ventures, Breed VC, Kahuna, Bitscale Capital, Orthogonal Trading, Skip

Protocol Information

Drop is a liquid staking protocol for Interchain assets and a member of the Lido Alliance. Drop is on a mission to strengthen the economic viability of sovereign blockchain economies by transforming stagnant, frozen capital into flowing streams of opportunity

Category:Liquid Staking

Audits:

GitHubTwitter

Methodology

TVL: Sum of all the tokens that are liquid staked on DROPView code on GitHub

Competitors

Eris Protocol ($1.95m)

Frequently Asked Questions

What is Drop?

Drop is a liquid staking protocol for Interchain assets and a member of the Lido Alliance. Drop is on a mission to strengthen the economic viability of sovereign blockchain economies by transforming stagnant, frozen capital into flowing streams of opportunity

What is Drop's TVL?

Drop currently has $529,818.49 in total value locked. TVL has decreased 71.4% over the past 30 days.

What chains does Drop operate on?

Drop operates on Neutron. Neutron holds the largest share at 100%.

How does Drop's TVL compare to similar protocols?

Among Liquid Staking protocols tracked by DefiLlama, Drop ranks #122 by TVL. The category holds $35.212b across 256 protocols, and Drop accounts for <0.1% of that total. Other leading protocols include Lido, Binance staked ETH, and Sanctum.