Drift Staked SOL is a liquid staking token on Solana, amplifying SOL yields via automated leverage loops, secured by Drift’s validator pool. More
| Fully Diluted Valuation | $352.51M |
|---|---|
| 24H Trading Volume | $195,716 |
| 24H Low / High | $229.62 / $ 239.25 |
| Circulating Supply | 1.51M |
| Total Supply | 1.51M |
| Max Supply | ∞ |
| Categories | Liquid Staked SOL 3 more |
|---|---|
| Founder | Anonymous |
| Website | app.drift.trade |
| Socials | |
| Chains | Solana Ecosystem |
| Explorer | Solscan 2 more |
| Contracts |
Dso1b....7gnPQ
|
| Name | Pair | OG Score |
|---|
Drift Staked SOL ($DSOL) is a liquid staking derivative token built on the Solana blockchain by Drift Protocol, a leading decentralized exchange (DEX) for perpetual futures and spot trading. DSOL allows users to stake their Solana (SOL) tokens in Drift’s validator pool, earning native staking rewards while maintaining liquidity to use the token in DeFi applications like lending, trading, or collateral provision.
What sets DSOL apart is its “Super Stake” feature, which automates leveraged staking loops—borrowing stablecoins, swapping for SOL, staking for DSOL, and repeating—to amplify yields without manual intervention. This strategy, integrated with Drift’s lending platform, can achieve up to 3x leverage, offering higher returns than standard SOL staking, though it carries risks like de-pegging or liquidation during volatile markets.
DSOL holders benefit from Solana’s high-speed, low-cost transactions, and the token is fully interoperable with Drift’s ecosystem, including its prediction markets and yield vaults. Launched to enhance capital efficiency, DSOL combines staking rewards with DeFi flexibility, appealing to users seeking passive income and active trading opportunities.
DSOL offers liquid staking on Solana with automated leveraged looping via the “Super Stake” feature, amplifying yields through recursive borrowing and staking, a process streamlined by Drift’s DeFi integration.
The founders of Drift Staked SOL are anonymous, developed under Drift Protocol, with no specific individuals publicly named.
The backers of Drift Staked SOL include prominent investors like Polychain Capital, Multicoin Capital, and Jump Crypto, who supported Drift Protocol’s funding rounds, though specific allocations to DSOL are not detailed.
Orca
Join
OGAudit
