Stacking DAO’s STX TVL Hits New All-Time High—What’s Next?

Stacking DAO has reached a significant milestone, with its TVL in STX terms hitting an all-time high—over 550M STX stacked. This achievement raises an important question: how much more can Stacking DAO grow from here?

The answer: more than you might expect. And this has major implications for Stacks DeFi.

Untapped Potential in Stacks’ Staking Market

Out of the roughly 560 million STX stacked, Stacking DAO’s liquid staking solutions—stSTX and stSTXbtc—only account for 12% of the market. That means nearly 500 million STX are still tied up in traditional stacking, making them unavailable for liquidity in Stacks DeFi and limiting the ecosystem’s overall TVL.

Comparing with Other Ecosystems

When we look at other blockchain networks, it’s clear that Stacks’ liquid staking market has room to expand:

• Ethereum’s Lido, the leading liquid staking provider, controls 27% of all staked ETH
• Solana’s liquid staking tokens (LSTs) represent 10% of all staked SOL

While Solana has fewer barriers to solo staking than Stacks, the percentage of liquid staking tokens over the total staked supply is nearly identical. This suggests that Stacks’ LST market share should be even higher.

If Stacking DAO were to grow to Lido’s scale, it would mean 140 million STX deposited—almost double the current amount.

Stacking DAO’s Competitive Edge

Stacking DAO is not just a player in the liquid staking space—it is also making waves in native staking. The recent launch of Stacking DAO’s native staking pool offers a major advantage: 0% fees. Currently, this pool is the #4 largest in the ecosystem, but it has plenty of room to grow.

As more native stakers recognize the long-term benefits of fee-free staking on their yield, inflows to the pool are likely to increase. The two largest staking pools currently hold over 200 million STX stacked. A modest 20% shift from these pools to Stacking DAO would bring an additional 40 million+ STX into the protocol.

The Future of Stacking DAO

Both Stacking DAO’s liquid and native stacking services are well-positioned for further expansion. And this is just the beginning—Stacking DAO continues to develop new products designed to drive further growth.

With strong fundamentals and growing adoption, Stacking DAO is set to play a crucial role in shaping the future of Stacks DeFi. Stay tuned for the next phase of innovation!

Stacking DAO Details:

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

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