Bifrost Liquid Staking

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

Bifrost Liquid Staking's governance or utility token carries a market capitalisation of 1,4 M $US based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (1,4 M $US) is small relative to deposits secured by the protocol (31,8 M $US); a mcap/TVL multiple of 0.04× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

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.

Événements majeurs signalés par la communauté DeFiLlama — lancements de protocole, exploits, changements de gouvernance et programmes d'incitations.

1. May 5, 2022
   Listé sur DeFiLlama

Bifrost Liquid Staking 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 across 4 chains, including Bifrost, Ethereum, Manta, Astar. The codebase has been independently audited (2 reports on file).

Bifrost Liquid Staking operates on 4 networks (Bifrost, Ethereum, Manta, Astar), keeping its surface area narrower than chain-agnostic peers. Roughly 98% of its on-chain value sits on just three networks (Bifrost, Ethereum, Manta), so a fault on any one of them would affect a large slice of users. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap (1,4 M $US) is small relative to TVL (31,8 M $US) — a mcap/TVL ratio of 0.04 is often read as the token being structurally undervalued versus the activity it secures.

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

Bifrost Liquid Staking 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 35 Md $US in deposits, giving you a frame of reference for whether Bifrost Liquid Staking's own TVL is at the top, middle, or tail of the category.

Lido

TVL 21,4 Md $US · 24h -0.07%

Binance staked ETH

TVL 8,6 Md $US · 24h +0.81%

Rocket Pool

TVL 1,3 Md $US · 24h +0.27%

DoubleZero Staked SOL

TVL 1,3 Md $US · 24h -0.46%

Sanctum Validator LSTs

TVL 1,2 Md $US · 24h +0.03%

Jito Liquid Staking

TVL 1,2 Md $US · 24h +0.03%