What is Liquid Staking?
Last reviewed 2026-05-03
Used by: Jito Liquid Staking
Entity coverage: 4 protocols, 0 tokens, 0 chains reference this concept.
Liquid staking pools user ETH into validators and issues a fungible receipt token (LST) representing the staked balance. Lido (stETH), Rocket Pool (rETH), Coinbase (cbETH), Frax (sfrxETH), Stader, and Mantle dominate. ~30% of all staked ETH is in LSTs.
How it works
Liquid staking pools user ETH into validators and issues a fungible receipt token (LST) representing the staked balance. Lido (stETH), Rocket Pool (rETH), Coinbase (cbETH), Frax (sfrxETH), Stader, and Mantle dominate. ~30% of all staked ETH is in LSTs.
For deeper protocol-level mechanics, see the related glossary terms below or the linked DeFi Intel topic deep-dive.
Why it matters
LSTs unlocked the staked-ETH wedge for DeFi. Today they are foundational collateral across Aave, Maker, Morpho, Spark, and the LRT stack.
Real-world examples
Lido stETH (~30% of all staked ETH), Rocket Pool rETH, Coinbase cbETH, Frax sfrxETH, Mantle mETH.
Related terms
Go deeper
Read the full DeFi Intel topic deep-dive or browse the complete crypto glossary.
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