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Lista Liquid Staking

Liquid Staking

Lista Liquid Staking is the protocol that issues slisBNB, a liquid staking token for BNB that earns rewards while staying usable across DeFi. slisBNB grows in value with BNB’s staking APR and can be traded, used as collateral, or integrated into protocols like Tranchess, Karak, and major DEXes, making it the leading liquid staking option for BNB.

Risk Rating
Best
Protocol Code Quality
Protocol Maturity
Protocol Design
What is Lista Liquid Staking?
What we like
Lista brings liquidity to BNB staking by letting users earn staking rewards while still being able to use their staked assets across DeFi. Its token, slisBNB, can be used as collateral, swapped on major DEXs, and even restaked through integrations like Karak, giving users multiple ways to earn yield.
What we like less
Returns depend on the underlying validator performance and BNB’s staking rate, so yield can fluctuate. While integrations expand utility, they also introduce more layers of smart contract and platform risk. Like most staking systems, rewards are not guaranteed, and users must trust the protocol’s validator and contract security.
What it means for you
If you hold BNB and want to keep it productive, slisBNB lets you earn staking rewards and participate in DeFi without locking your tokens. It’s a way to make your BNB work in multiple places at once, but it’s best suited for users who already understand the basics of staking and DeFi liquidity pools.
Information
Exploit/Hacks
None
Info
  • Website
  • Token: LISTA
  • Tags: Liquid Staking
Key Metrics
  • TVL: $1.4B (Rank #40)
  • TVL Ranking by Liquid Staking: #3
  • Blockchain: Binance
  • Chain TVL
    • Binance: $1.36B
Risk Assessment
Best
Protocol Code Quality
  • Code reviewed by several experienced auditors; Bailsec and Blocksec
  • Public team promotes accountability
  • No documented protocol hacks since launch
Protocol Maturity
  • Latest protocol version launched in 2023; maturity over one year minimizes technical risk as smart contracts are well battle-tested
  • Top 5% by total value locked reduces risk
  • Requires members of a DAO to vote on-chain for approving contract upgrades
  • No governance token and/or contracts are fully immutable
Protocol Design
  • This protocol is susceptible to risks related to staking a token to secure a network, such as slashing events
Things to know about Lista Liquid Staking

What is Lista Liquid Staking

Lista DAO offers a liquid staking service for BNB, where users stake BNB and receive slisBNB, a yield-bearing token that increases in value as staking rewards accrue. slisBNB can be used across several DeFi platforms for lending, borrowing, and liquidity provision. It’s currently the largest BNB liquid staking token by total value locked (TVL) and is live on both BNB Smart Chain and Ethereum.

How Lista Liquid Staking makes money

Lista earns a small share of validator rewards, about 5% of the total staking yield, which is distributed to the protocol. The rest (95%) flows back to users as value appreciation in slisBNB.

How you make money on Lista Liquid Staking

By holding slisBNB, users earn BNB staking rewards automatically as the token’s exchange rate increases over time. slisBNB can also be deposited as collateral on Lista DAO to borrow lisUSD, added to liquidity pools on Thena Finance and PancakeSwap, or used in restaking platforms like Karak for extra yield opportunities.

Lista Liquid Staking Pools
Lista BNB Staking
BNB
11.4%
Yield
$1B
TVL
Risk
A
Protocol
Lista Liquid Staking
Chain
BNB Chain
Details