S

Stader

SD

Non-custodial multi-chain liquid staking platform

Performances

RD Popularity Index

3317.54% (24h)
0100200300400500
Project Rank: 897/15432

RD Growth Index

3330.01% (24h)
0400800120016002000
Project Rank: 1311/15432
Comparison:
1h24h7d30d60d90d
0.83%4.65%7.25%14.43%36.46%31.79%

Revenue & Burn

Protocol income

$12.22K

Buyback funds

$2.44K

Burn funds

--

Buyback ratio

20.0%

Protocol funds over time

Monthly amounts & ratios

PeriodProtocol incomeBuyback fundsBurn fundsBuyback ratio
Oct 2026$12.22K$2.44K--20.0%
Sep 2026$25.99K$5.19K--20.0%
Aug 2026$22.95K$4.59K--20.0%
Jul 2026$24.3K$4.86K--20.0%
Jun 2026$23.99K$4.79K--20.0%
May 2026$26.55K$13.27K--50.0%

Comparison

Event Calendar

Oct 7, 2021
Stader raised $ 4 M in funding round
Jan 20, 2022
Stader raised $ 12.5 M in Private round
Jan 25, 2022
Stader raised $ 14.5 M in Public Sale round
Mar 15, 2022
Stader launches SD token

Tokenomics

Unlock Progress

Unlocked57M SD(38%)
Untracked93M SD(62%)

Based on CoinGecko data, Current Unlock Rate for SD: 48.73%

On-chain Holding

Holding TokenPriceAmountTotal Value
No Data

Top Holders

AddressTokenQuantityPercentageValue
0xae71...beceSD30,606,677.7725.51%$3.94M
Null: 0x000...001 (0001)SD30,000,00025%$3.86M
0x1536...2487SD9,710,241.868.09%$1.25M

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1SD/USD$0.235$13,662$11,288$195,64424.07%
2SD/KRW$0.2368$5,911$4,017$94,93611.68%

Follow Updates

Follow Lists

People

About Stader

Stader is a multi-chain liquid staking platform that lets users stake assets like ETH, BNB, and MATIC while receiving liquid tokens (e.g., ETHx, BNBx) in return. These tokens can be freely used in DeFi protocols, solving the liquidity lock-up problem of traditional staking.

Its core strengths include a low staking threshold—using DVT technology, Ethereum staking requires only 4 ETH, far lower than competitors like Rocket Pool. It also offers modular smart contracts, allowing third parties to build custom staking solutions. Node operators must stake the native SD token, which also grants governance rights.

The main market pain point is that conventional staking locks funds for extended periods, reducing capital efficiency. Stader addresses this by tokenizing staked assets, enabling users to earn staking rewards and DeFi yields simultaneously.

In the past six months (March to September 2026), Stader launched a new tokenomics model with xSD, where SD holders can stake to receive xSD, earning protocol revenue shares and governance power. ETHx expanded integrations with lending protocols like Aave and DEXs like Balancer, boosting its DeFi utility. However, the team token unlock began in January 2026, creating some selling pressure on SD. Overall, Stader continues to focus on lowering barriers and expanding multi-chain adoption, though its ecosystem growth remains modest compared to larger rivals.

Updated: Sep 2, 2026

Stader Labs is a multi-chain liquid staking platform that has evolved through several key milestones. It launched on multiple chains including Hedera, Polygon, BNB Chain, Fantom, NEAR, and Terra 2.0, establishing itself as a leading liquid staking provider. In 2022, it conducted a public sale on Coinlist and raised $16.5 million in funding. A significant long-term event was the approval of the proposal to burn 20% of SD tokens (30 million out of 150 million total supply), which was completed to address low liquidity and high FDV concerns, reducing supply to 120 million. Another major milestone was Coinbase adding SD to its listing roadmap and subsequently listing it, increasing accessibility and liquidity. These events mark Stader's strategic focus on tokenomics optimization and exchange integration, which are pivotal for its sustainable growth in the DeFi ecosystem.

Updated: Sep 1, 2026

In the past six months (2026-03-13 to 2026-09-13), Stader announced on June 13, 2026 the gradual shutdown of its Polygon liquid staking token MaticX, with the front-end removed on August 3, 2026. New deposits were halted and the token entered a claims-only state; users must redeem MATIC via the contract directly. This is a significant negative factor. No other substantive positive developments occurred.

Updated: Sep 13, 2026

Dheeraj Borra (Co-founder, LinkedIn: https://www.linkedin.com/in/dheeraj-borra/, Twitter: https://x.com/galacticminter) - Previously Software Engineer at PayPal and Blend Labs, with a B.Tech in Computer Science from IIT Kharagpur.

Amitej Gajjala (Co-founder, LinkedIn: https://www.linkedin.com/in/amitej-gajjala/) - Former AVP at Swiggy, Associate at A.T. Kearney, and Business Analyst at ZS Associates. MBA from IIM Calcutta and B.Tech from IIT Madras.

Updated: Sep 1, 2026