Flashstake

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Flashstake's governance or utility token carries a market capitalisation of $500K based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token ($500K) above the protocol's on-chain TVL ($49.3K) — a mcap/TVL multiple of 10.15× implies investors are paying for expected future fee flows rather than current deposits alone.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Sep 23, 2022
   Listed on DeFiLlama
2. May 18, 2023
   Rocket Pool Launch
3. Mar 28, 2023
   Arbitrum Launch
4. Feb 15, 2023
   Flido Launch
5. Jan 25, 2023
   Flash Capacitor Launch
6. Oct 24, 2022
   Optimism Launch
7. Aug 1, 2022
   Protocol Launch

Flashstake operates in the Yield category of DeFi. It is deployed across 3 chains, including Ethereum, Optimism, Arbitrum. The codebase has been independently audited (2 reports on file). DeFiLlama tracks 6 historical events for this protocol since 2022.

Flashstake operates on 3 networks (Ethereum, Optimism, Arbitrum), keeping its surface area narrower than chain-agnostic peers. Its TVL is heavily concentrated on Ethereum, which holds 99% of all assets — other deployments are comparatively small. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap ($500K) currently exceeds total value locked ($49.3K) — a mcap/TVL ratio of 10.15 suggests the market is pricing in more growth than current deposits support.

Verified external resources for Flashstake — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Flashstake is one of 7 Yield protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Pendle, Spark Savings, Convex Finance, and 3 more. These peer protocols collectively secure $5.2B in deposits, giving you a frame of reference for whether Flashstake's own TVL is at the top, middle, or tail of the category.

Pendle

TVL $2.3B · 24h +0.37%

Spark Savings

TVL $1.4B · 24h +0.35%

Convex Finance

TVL $722.7M · 24h +0.66%

Multipli.fi

TVL $342.7M · 24h -0.01%

Strata Markets

TVL $259.5M · 24h +0.70%

infiniFi

TVL $177M · 24h +1.74%