Phase Delegation
Total Value Locked$103.48m
TVL by Chain
Solana$103.48m
Key Metrics
Fees 30d$430,584
Fees 30d by chain
Solana$430,584
Fees 7d$87,828
Solana$87,828
Fees 24h$14,392
Solana$14,392
Cumulative Fees$7.85m
Solana$7.85m
Revenue 30d$21,531
Revenue 30d by chain
Solana$21,531
Revenue 7d$4,392
Solana$4,392
Revenue 24h$720
Solana$720
Cumulative Revenue$398,070
Solana$398,070
Protocol Information
pdSOL is a multi-validator liquid staking pool on Solana
Methodology
TVL: Total SOL staked in the Phase Delegation stake pool, read on chain from the SPL stake pool account's totalLamportsView code on GitHubFees: Staking rewards from staked SOL on phase delegation staked solana, plus withdrawal feesView code on GitHubRevenue: 5% epoch fee on staking rewards plus 0.05% withdrawal fees collected by the fee collectorView code on GitHubYields
Pools Tracked1
Average Supply APY4.52%
Competitors
Phase Delegation history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 27, 2026 to Nov 1, 2026.
All-time high TVL: $134.32m on Sep 26, 2026. All-time low TVL: $105.47m on Nov 1, 2026.
Daily TVL, Oct 3, 2026 to Nov 1, 2026
| Date | TVL |
|---|---|
| Oct 3, 2026 | $130.49m |
| Oct 4, 2026 | $131.44m |
| Oct 5, 2026 | $133.51m |
| Oct 6, 2026 | $132.92m |
| Oct 7, 2026 | $132.45m |
| Oct 8, 2026 | $127.94m |
| Oct 9, 2026 | $120.47m |
| Oct 10, 2026 | $120m |
| Oct 11, 2026 | $120.97m |
| Oct 12, 2026 | $122.57m |
| Oct 13, 2026 | $114.96m |
| Oct 14, 2026 | $118.3m |
| Oct 15, 2026 | $114.84m |
| Oct 16, 2026 | $115.97m |
| Oct 17, 2026 | $114.66m |
| Oct 18, 2026 | $114.1m |
| Oct 19, 2026 | $114.94m |
| Oct 20, 2026 | $114.91m |
| Oct 21, 2026 | $117.19m |
| Oct 22, 2026 | $118.07m |
| Oct 23, 2026 | $113.94m |
| Oct 24, 2026 | $112.32m |
| Oct 25, 2026 | $112.61m |
| Oct 26, 2026 | $111.67m |
| Oct 27, 2026 | $111.15m |
| Oct 28, 2026 | $111.52m |
| Oct 29, 2026 | $112.51m |
| Oct 30, 2026 | $106m |
| Oct 31, 2026 | $106.04m |
| Nov 1, 2026 | $105.47m |
TVL at each month end, Aug 2026 to Nov 2026
| Date | TVL |
|---|---|
| Aug 31, 2026 | $111.9m |
| Sep 30, 2026 | $130.59m |
| Oct 31, 2026 | $106.04m |
| Nov 1, 2026 (latest) | $105.47m |
Fees and revenue by UTC calendar month, Sep 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Sep 2025 | $1.06m | $53,128 |
| Oct 2025 | $1.03m | $56,473 |
| Nov 2025 | $789,253 | $39,485 |
| Dec 2025 | $648,460 | $32,423 |
| Jan 2026 | $692,463 | $34,627 |
| Feb 2026 | $391,808 | $19,632 |
| Mar 2026 | $449,049 | $22,452 |
| Apr 2026 | $386,709 | $19,341 |
| May 2026 | $433,492 | $21,685 |
| Jun 2026 | $325,892 | $16,769 |
| Jul 2026 | $356,357 | $17,827 |
| Aug 2026 | $387,527 | $19,378 |
| Sep 2026 | $444,668 | $22,234 |
| Oct 2026 | $452,280 | $22,616 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/phase-delegation
Frequently asked questions
What is Phase Delegation's TVL?
As of Nov 1, 2026, Phase Delegation has $103.48m in total value locked. TVL has decreased 20.7% over the past 30 days.
What chains does Phase Delegation operate on?
Phase Delegation operates on Solana. Solana holds the largest share at 100%.
How much has Phase Delegation generated in fees and revenue?
Over the past 30 days, Phase Delegation generated $430,584 in fees. Of that, $21,531 was protocol revenue. Based on the trailing year, the annualized rate is $5.76m in fees and $288,468 in revenue.
How does Phase Delegation's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Phase Delegation ranks #29 by TVL. The category holds $51.5b across 267 protocols, and Phase Delegation accounts for 0.2% of that total. Similar protocols include Lido, Sanctum Validator LSTs, Binance Staked SOL, Jito Liquid Staking, Jupiter Staked SOL, Forward Industries SOL, Drift Staked SOL, Marinade Liquid Staking, DFDV Staked SOL, and Phantom SOL.
How many yield pools does Phase Delegation have?
DefiLlama tracks 1 Phase Delegation yield pool with an average APY of 4.5%.

