‘Lido for Solana’ is a Lido-DAO governed liquid staking protocol for the Solana blockchain. Anyone who stakes their SOL tokens with Lido will be issued an on-chain representation of SOL staking position with Lido validators, called stSOL. This will allow Solana token holders to get liquidity on their staked assets which can then be traded, or further utilized as collateral in DeFi products.
stSOL is the liquid token that represents your share of the total SOL pool deposited with Lido. As soon as you delegate to the pool, you receive the newly minted stSOL. Over time, as your SOL delegation accrues rewards, the value of your stSOL appreciates. There is no waiting time for receiving stSOL tokens.
Where is Lido Staked SOL available for purchase?
You can exchange STSOL tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Lido Staked SOL is Meteora, notably the STSOL/SOL pair, which saw a trading volume of $ 51,710 in the past day. Additionally, Raydium and Orca are popular alternatives for trading tokens.
What is the highest value Lido Staked SOL (STSOL) has ever reached?
Lido Staked SOL (STSOL) reached its peak price at 350.04 $ on 19 January 2025, approximately 7 months ago ago. Presently, the current price is -36.39% lower than this all-time high.
What is the historical minimum price for Lido Staked SOL (STSOL)?
The minimum price reached for Lido Staked SOL (STSOL) was 8.65 $, documented on 29 December 2022, more than 3 years ago. In comparison, the current price is 2,473.98%, it above this historical low.
What is the fully diluted valuation of Lido Staked SOL (STSOL)?
The fully diluted valuation (FDV) of Lido Staked SOL (STSOL) stands at $ 24,38 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of STSOL tokens. The realization of this FDV might take several years depending on the emission schedule of STSOL tokens.