Lido Staked SOL
STSOL
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
STSOL (Lido Staked SOL) represents Lido DAO's liquid staking receipt token on Solana. Active Development scored -1.0 due to insufficient ongoing development data, as active development on the Solana deployment has ceased and the product is formally deprecated and wound down; its weight was redistributed across the remaining sections. The underlying codebase demonstrates solid audit pedigree via Neodyme and Statemind with no recorded protocol exploits or depegs. However, the product suffers from zero current staking yield (0.00% APY), negligible trading volume, minimal remaining staked SOL (~147k), a non-existent dedicated community, and complete deprecation by Lido DAO in favor of Ethereum offerings. Under the deprecated token rule, the asset warrants an Avoid recommendation.
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 Lido Staked SOL (STSOL)
Lido Staked SOL (STSOL) is a deprecated liquid staking receipt token on the Solana blockchain that has been wound down by Lido DAO. Launched as part of the "solido" program, the token was designed to represent staked Solana (SOL) while enabling users to retain liquidity. STSOL operates on a non-rebasing model, where staking rewards accrue through the steady appreciation of the token's redemption value relative to underlying SOL rather than through supply adjustments.
The underlying Solana smart contract architecture was audited by Neodyme, with additional security coverage from Statemind for the Lido Insurance Fund. Protocol governance and operational controls were configured with manager and maintainer roles capable of managing validator delegations and program upgrades. In late 2023, Lido DAO formally ceased active development and support for its Solana deployment, with the official Lido SDK marking the project as unsupported as the organization shifted focus exclusively to its Ethereum-based products.
Following its deprecation, the token has transitioned to a legacy state with no active development, an annual percentage yield (APY) of 0.00%, and low daily trading volume. While the Solana deployment has recorded no smart contract exploits, insolvency events, or depeg incidents, it operates with a reduced validator set of 11 nodes and residual staked balances. Although related Ethereum-side governance contracts faced a disputed deposit-handling claim by security researchers in September 2023, no security compromises or losses occurred within the STSOL Solana program, and remaining tokens remain redeemable against the underlying stake pool.