Ask about Myth Finance dualSTAKE
Logo of Myth Finance dualSTAKEMyth Finance dualSTAKE
Total Value Locked$161,470.13

TVL by Chain

Algorand$161,470.13

Protocol Information

dualSTAKE is a liquid staking protocol on Algorand that allows users to accrue rewards in Assets. dualSTAKE instances swap staking rewards into a specific asset, e.g. the gobtcALGO dualSTAKE swaps rewards into goBTC. dualSTAKE tokens are backed by ALGO at 1:1 and an increasing amount of the paired rewards asset

Category:Liquid Staking

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Methodology

TVL: Returns total amount staked on the Myth Finance dualSTAKE protocol.View code on GitHub

Competitors

xALGO Liquid Staking ($22.84m)Messina Liquid Staking ($1.01m)gALGO Liquid Governance ($397,786.53)

Frequently Asked Questions

What is Myth Finance dualSTAKE?

dualSTAKE is a liquid staking protocol on Algorand that allows users to accrue rewards in Assets. dualSTAKE instances swap staking rewards into a specific asset, e.g. the gobtcALGO dualSTAKE swaps rewards into goBTC. dualSTAKE tokens are backed by ALGO at 1:1 and an increasing amount of the paired rewards asset

What is Myth Finance dualSTAKE's TVL?

Myth Finance dualSTAKE currently has $161,470.13 in total value locked. TVL has increased 2.5% over the past 30 days.

What chains does Myth Finance dualSTAKE operate on?

Myth Finance dualSTAKE operates on Algorand. Algorand holds the largest share at 100%.

How does Myth Finance dualSTAKE's TVL compare to similar protocols?

Among Liquid Staking protocols tracked by DefiLlama, Myth Finance dualSTAKE ranks #164 by TVL. The category holds $35.455b across 256 protocols, and Myth Finance dualSTAKE accounts for <0.1% of that total. Other leading protocols include Lido, Binance staked ETH, and Sanctum.