Bifrost Cracks the Top 10: A New Era in Liquid Staking

The latest data from @DefiLlama reveals a significant shift in the liquid staking landscape: Bifrost Liquid Staking has officially entered the Top 10 protocols by 24-hour fees, ranking #10 with $29,235 in fees and $3,879 in revenue. This achievement underscores Bifrost’s growing influence as a key player in the liquid staking ecosystem.

Despite being the smallest protocol in the top 10 by total value locked (TVL) at $96.84M, Bifrost’s fee generation efficiency stands out. With a fees-to-TVL ratio of 0.05, it competes head-to-head with industry giants like Lido and Rocket Pool, demonstrating its ability to monetize assets effectively.

Bifrost’s success is a testament to its vision of building the Staking Yield Layer for Any Chain. By enabling users to stake assets across multiple blockchains while maintaining liquidity, Bifrost has tapped into a critical need in the DeFi space.

As the liquid staking race heats up, Bifrost’s entry into the top 10 signals that innovation and efficiency can level the playing field—even against protocols with billions in TVL.

The future of staking is omnichain, and Bifrost is leading the charge.

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