SHUI

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

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

1. Feb 22, 2024
   Listed on DeFiLlama

SHUI is a Liquid Staking protocol that issues liquid receipt tokens against staked deposits, so users earn validator rewards without locking up the underlying asset. It is deployed on Conflux. The codebase has been independently audited (1 report on file).

SHUI is a single-chain protocol, deployed exclusively on Conflux — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Conflux, Conflux-pool2, pool2), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

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

SHUI is one of 7 Liquid Staking protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Lido, Binance staked ETH, Rocket Pool, and 3 more. These peer protocols collectively secure $35B in deposits, giving you a frame of reference for whether SHUI's own TVL is at the top, middle, or tail of the category.

Lido

TVL $21.4B · 24h -0.07%

Binance staked ETH

TVL $8.6B · 24h +0.81%

Rocket Pool

TVL $1.3B · 24h +0.27%

DoubleZero Staked SOL

TVL $1.3B · 24h -0.46%

Sanctum Validator LSTs

TVL $1.2B · 24h +0.03%

Jito Liquid Staking

TVL $1.2B · 24h +0.03%