Inside Stacking DAO: A Look at the Fastest Growing Stacks DeFi Protocol

Stacking DAO is the largest Stacks DeFi app.

But how did we get here?

Let's dive into on-chain data and initiatives to investigate.

Rapid Growth in STX Deposits and Market Share

In the last eight months, nearly 58 million STX have been deposited into Stacking DAO!

This has allowed the protocol to secure more than 13% of the entire Stacking market. With over $85 million worth of STX now liquid, users have the flexibility to participate in DeFi while still earning up to 10% in Stacking rewards.

On-Chain Data: Stacking DAO’s Reach

Here are some key stats that show the impact of Stacking DAO:

• 37,000+ unique users since launch
• 1.5M+ STX in Stacking rewards distributed
• Thousands of active users and transactions each month

These numbers highlight the growing influence of Stacking DAO in the Stacks ecosystem, with more growth expected as new updates roll out.

stSTX Adoption in DeFi

stSTX, the liquid staking token, is seeing strong adoption in the DeFi space. Currently, 45% of all minted stSTX is being used across various DeFi protocols:

• 16M+ stSTX in Zest
• 4.4M+ stSTX in Arkadiko
• 3.8M stSTX in Bitflow
• 750k+ stSTX in Hermetica
• 7.3k+ stSTX in Velar

This shows that stSTX is becoming a popular asset for users in Stacks DeFi.

Building a Reliable Network

In just a few months, Stacking DAO has built a network of 10 enterprise-grade Signers.

These Signers ensure over 99% uptime, manage billions in staking, and work with leading Web3 companies. Now, they are also helping to secure the Stacks network and potentially improve yields for users.

Growing Influence and Community

Stacking DAO’s presence is growing across multiple platforms:

• 31k Twitter followers
• 13k Discord members
• Featured on Bankless and Defiant News
• Partnerships with Wintermute, Copper, Zeus Network, and others

These developments reflect Stacking DAO’s ongoing commitment to supporting the Stacks ecosystem.

Looking Ahead: Stacking DAO’s Future

As the leading Stacks app, Stacking DAO is unlocking new opportunities for STX liquidity.

With more updates on the way, Stacking DAO is set to become a key infrastructure player in the largest Bitcoin Layer 2. The future is promising, and Stacking DAO is at the forefront of this growth.

Stacking DAO Details:

Mint stSTX today and earn up to 10% yield on your STX: https://app.stackingdao.com/

Follow us on Twitter to always be up to date on Stacking DAO: https://twitter.com/StackingDao

For any questions or support, join our Discord community: https://discord.gg/KEQfXJnJYj

Join Stacking DAO Zealy space to earn rewards and more: https://zealy.io/cw/stackingdao