Liquid Staked SOL
LSSOL
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
LSSOL (Liquid Staked SOL by Liquid Collective) presents an institutional-focused liquid staking token backed by reputable industry entities including Alluvial, Coinbase Prime, Kraken, Galaxy, Anchorage Digital, and Fireblocks. The protocol exhibits a notably strong security profile (8.0/10) with multi-firm audits from Certora, Quantstamp, Halborn, and Spearbit, as well as a clean operational record free from exploits or depegs. Governance and tokenomics are tailored toward institutional compliance (KYC/AML gating, NORS framework), though this creates inherent centralization and permissioning trade-offs. However, the token suffers from negligible market adoption and liquidity (3.5/10), with a market cap of approximately $200k-$250k and limited trading volume. Public development tracking specifically for the Solana deployment remains incomplete (5.5/10). A notable data gap exists in Community Support (-1.0), which was excluded from the weighted score calculation due to insufficient token-specific public community data. No qualifying red-flag events or fraudulent characteristics were identified.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Liquid Staked SOL (LSSOL)
Liquid Staked SOL (LsSOL) is an institutional-focused liquid staking token operating on the Solana blockchain, launched by Liquid Collective on July 16, 2025. Developed in partnership with Alluvial and institutional members such as Coinbase Prime, Kraken, Galaxy, Anchorage Digital, and Fireblocks, LsSOL serves as an elastic-supply receipt token representing staked SOL and accumulated staking rewards. The token is designed specifically to meet compliance, custody, and exchange-traded product (ETP) requirements through KYC/AML-gated direct participant access and the Node Operator Risk Standard (NORS) framework.
Governance and protocol management for LsSOL are handled through a collective model involving member organizations rather than a broad, on-chain token-holder decentralized autonomous organization (DAO). The protocol maintains a multi-firm security program that includes audits and formal verifications from firms such as Quantstamp, Certora, Halborn, and Spearbit. Liquid Collective's Solana deployment underwent a dedicated Quantstamp review, which identified a high-severity finding related to whitelisted user updates. Additionally, a theoretical vulnerability regarding node operator deposit front-running was responsibly disclosed and addressed under Liquid Collective's vulnerability disclosure policy in January 2024 without any fund loss or exploitation.
While LsSOL has maintained a clean record free from hacks, depegs, or regulatory enforcement actions, it faces challenges related to liquidity and market adoption. The token has low circulating supply, a market capitalization of approximately $200,000 to $250,000, and minimal daily trading volume relative to more established Solana liquid staking derivatives. Furthermore, its compliance-centric architecture introduces structural centralization trade-offs compared to permissionless staking protocols.