Protocol Information
pSTAKE Finance is a multichain liquid staking protocol for BNB Chain, Solana, Cosmos, and beyond, backed by Binance Labs. Users can securely stake the biggest crypto assets and receive liquid staked tokens (LSTs) called stkTokens that can be used in DeFi to generate additional yield. stkTokens offers one of the highest DeFi yields, thanks to low fees and partnerships with the biggest DeFi ecosystems. pSTAKE Finance helps decentralize networks with its unique stake delegation strategy, powered by an intelligent algorithm based on on-chain decentralization parameters.
Methodology
TVL: Total amount of BTC restaked on babylonView code on GitHubCompetitors
Frequently Asked Questions
What is pSTAKE BTC's TVL?
pSTAKE BTC currently has $0.48 in total value locked.
What chains does pSTAKE BTC operate on?
pSTAKE BTC operates on Bitcoin. Bitcoin holds the largest share at 100%.
How does pSTAKE BTC's TVL compare to similar protocols?
Among Restaked BTC protocols tracked by DefiLlama, pSTAKE BTC ranks #6 by TVL. The category holds $1.043b across 8 protocols, and pSTAKE BTC accounts for <0.1% of that total. Other leading protocols include Lombard LBTC, GTBTC, SolvBTC LSTs, Lorenzo stBTC, Chakra, alloBTC, and LISA BTC LST.