Liquid staking
Core data metrics relating to liquid staking and restaking protocols.
Liquid staking metrics
Liquid staking protocols are decentralized platforms that allows users to stake their cryptocurrency assets while maintaining liquidity. On BunnyBoard, we track these key metrics below:
| Metric | Description |
|---|---|
| Total asset deposit | The total assets deposited or staked by participants, commonly known as supply-side deposits. These assets may be held by liquid staking protocol buffers or directly deposited in Proof of Stake (PoS) chains, such as the Ethereum Beacon Chain. |
| Supply-side deposit | Total assets staked by suppliers which earning staking rewards. |
| Fees | The total amount of staking rewards earned by staking assets. |
| Supply-side revenue | The total amount of staking rewards earned by stakers. |
| Protocol revenue | The total amount of staking rewards allocated to the protocol's treasury. |
| Supply-side ROI | Supply-side ROI (Return on Investment) measures the annualized return earned by participants who stake their assets in a protocol. It reflects the percentage yield generated from staking rewards and is calculated based on the total amount staked and the rewards earned over a specific period. A higher ROI indicates a more attractive staking opportunity for users, showcasing the potential earnings from their staked assets. We track the staking ROI using our on-chain methodology, ensuring accuracy without relying on APIs or third-party sources. |
| Volumes | We primarily track two key volume metrics for liquid staking protocols: 1. deposit - the assets stakers deposit or stake; and 2. withdraw - the assets stakers withdraw or unstake. |