Liquid Staking & Restaking

Dominant Ethereum liquid staking protocol with ~30% market share — strong execution but systemic concentration risk.

Most decentralized Ethereum liquid staking protocol with permissionless node operators, but lower TVL and adoption.

Fast-growing Ethereum LST with native restaking via EigenLayer — staker-controlled keys but rapid scaling brings execution risk.

The undisputed Cosmos liquid staking leader — deep IBC integration, interchain security, and dominant market share across Cosmos chains.

Leading Solana LST with MEV-boosted yields — strong adoption but Solana-specific risks.

Original Solana liquid staking protocol — strong decentralization focus but losing market share to Jito's MEV-boosted yields.

Avalanche's liquid staking leader — sAVAX dominates AVAX staking with deep ecosystem integrations on Avalanche C-Chain.

Frax's dual-token ETH staking model — sfrxETH captures boosted yields while frxETH serves as a stablecoin-like ETH wrapper.

Non-custodial liquid staking where users retain validator keys — strongest decentralization story among major LSTs, plus dominant position in EigenLayer restaking, but token value accrual is still maturing.

Solana's liquid staking infrastructure backbone — enabling LST creation, liquidity, and composability with strong ecosystem adoption.

Babylon enables trustless Bitcoin staking without wrapping or bridging — the biggest unlock for BTC yield if the security model holds, but it's early and yield sources are uncertain.

Pioneering Ethereum restaking protocol — innovative but highly complex with compounded slashing and systemic risk.

Restaking protocol with anti-slashing TEE technology — technically differentiated in a crowded LRT market but adoption has been modest.

Modular vault-based Ethereum liquid staking with osETH — innovative architecture but limited adoption so far.

Mantle's ETH LST — competitive yields backed by L2 treasury, but centralization and ecosystem lock-in are concerns.

Multi-chain liquid staking with permissionless node operators — good decentralization ethos but modest adoption against dominant competitors.

Multi-chain liquid staking and RPC infrastructure — broad but spread thin, with past exploit concerns.

EigenLayer's native token with a novel intersubjective staking mechanism -- enormous ecosystem significance but controversial launch, unclear value capture, and concentrated ownership.

EigenLayer liquid restaking token (rsETH) — simplifies restaking but heavily dependent on the EigenLayer thesis playing out.

Yield-maximizing LST that deploys ETH across multiple strategies for higher returns — higher yield but more complexity and risk than vanilla staking.

DVT-native liquid staking that splits validator keys for resilience — technically sound approach to decentralized staking, but very early adoption in a market where Lido and Ether.fi dominate.

Major EigenLayer LRT protocol (ezETH) — gained massive TVL through points but suffered a depeg event and faces sustainability questions.

Liquid staking + restaking + L2 — ambitious multi-product strategy with good TVL but crowded market and post-points sustainability questions.

Polkadot's leading liquid staking protocol offering multi-chain vTokens -- solid Substrate execution but constrained by Polkadot ecosystem size.

Coinbase's regulated liquid staking token — institutional credibility with full centralization trade-off and SEC regulatory scrutiny.

Mantle's liquid staking derivative backed by Bybit's institutional resources — fast-growing TVL via ecosystem incentives, but centralized governance and reliance on Mantle ecosystem limit independence.

Institutional liquid staking by the Alluvial consortium — enterprise-grade compliance and operator quality, but lower DeFi composability due to KYC requirements.

Binance's liquid staking token with massive distribution but full centralization — you trust Binance completely with your ETH.

Multi-chain liquid staking with Cosmos focus — functional but overshadowed by Stride's dominance in its core market.

Multi-asset liquid restaking protocol — differentiated by BTC restaking (uniBTC) but early-stage with questions about the multi-asset restaking demand.

Redacted Cartel's ETH liquid staking protocol — solid team pedigree and DeFi integration strategy, but very small market share in a Lido-dominated market.

Omnichain liquid staking token via LayerZero — differentiated cross-chain approach but early-stage with limited battle-testing.

BSC liquid staking with yield tranching — unique structured finance design splitting staking yield into stable/leveraged tranches, but niche BSC ecosystem play.

Cosmos-native liquid staking across IBC chains — fills a real gap in the Cosmos ecosystem but small TVL and limited qAsset DeFi integrations.

Polkadot liquid staking on Acala — core DeFi primitive for the Polkadot ecosystem, but limited by Polkadot's overall DeFi adoption challenges.

Liquid restaking wrapper for EigenLayer — simplifies restaking access with rstETH, but small scale and intense competition from Ether.fi, Renzo, and Kelp raise questions about long-term viability.

Bittensor liquid staking protocol. Unlocks TAO liquidity through stTAO derivatives but faces adoption and integration challenges.

BNB Chain liquid staking protocol (now Lista DAO) offering slisBNB and lisUSD stablecoin — Binance-backed with meaningful TVL but centralization concerns.

Diversified liquid restaking protocol offering curated LRT baskets across multiple AVSs — simplifying restaking complexity but early-stage.

Multi-chain liquid staking aggregator with instant unstaking — interesting aggregation concept but negligible TVL and adoption in a market dominated by single-chain specialists.

LINK liquid staking protocol — first mover in a specific niche but limited by Chainlink staking caps, small market, and concentrated dependency on one asset.

RUGPULLED. Early ETH liquid staking protocol — team member drained ~$500K from treasury in 2021. Never recovered. Do not use.