Liquid Staking is Heating Up

Liquid staking is heating up for a reason.

These protocols generate real revenue, and demand for them is growing. With volumes climbing, CEXs are paying close attention, especially as liquid staking gains momentum.

Don’t take our word for it. The data speaks for itself.

Stacking DAO Revenue vs Other LST Protocols

Stacking DAO has generated $5M in revenue with just $60M+ in TVL—driven by PoX yields averaging 8–10%. By comparison, Haedal and StakeStone earned similar revenue figures, even though their TVLs are currently higher.

And the growth potential? Not even factored in yet.

Real revenue is why liquid staking protocols are gaining traction, and they unlock liquidity for entire ecosystems. That’s what helped Haedal become the top Sui LST and land a major CEX listing.

But are the LST protocols fundamentals really stronger than Stacking DAO’s?

80M+ STX are deposited on Stacking DAO — that’s 16% of the entire STX staking market.

With the Stacks ecosystem growing rapidly, TVL could soon be a multiple of what it is today. That would push ARR beyond the levels of some Ethereum L2s.

Given that native STX staking is as cumbersome as Ethereum staking, TVL could grow even further.

If Stacking DAO captures 25% of the staking market — similar to Lido on Ethereum — that’s 120M+ STX. The upside from STX staking alone is massive.

On another note, the SEC has confirmed that native staking isn’t a security, paving the way for ETFs to offer staking yield.

Grayscale already offers an STX Trust and plans to convert it into an ETF. That positions Stacking DAO to serve as the staking provider behind it.

Stacking DAO Entering the BTC LST Vertical

Another project set for a strong launch is Lombard — the leading BTC liquid staking protocol via Babylon, with 18K+ BTC already deposited.

Lombard has proven that BTC LSTs have real product-market fit. Now, Stacking DAO is gearing up to enter this vertical in a big way.

Stacks is set to introduce Dual Staking, letting users stack BTC or STX to earn yield. This unlocks the path for Stacking DAO to launch a Bitcoin LST with a sustainable and real yield.

Given Stacks is the leading Bitcoin L2 by BTC supply, the LST could see strong adoption.

‍

Stacking DAO Details:

Earn up to 10% yield on your STX today with Stacking DAO: https://app.stackingdao.com/

Follow us on Twitter to always be up to date on Stacking DAO: https://twitter.com/StackingDao

For any questions or support, join our Discord community: https://discord.gg/KEQfXJnJYj

‍

‍