Since 2024, the liquid staking protocol Sanctum has distributed approximately $230 million in rewards to holders of its liquid staking tokens (LSTs). On-chain data from DefiLlama indicates that cumulative fees, including staking rewards, reached roughly $233.85 million.
Sanctum supports over 200 validator-specific and branded LSTs, with the potential to exceed 1,000 tokens. These assets are tradable via the Infinity pool, a shared liquidity mechanism designed to reduce slippage and eliminate the need for new tokens to establish independent markets.
By the end of Q3 2026, the protocol achieved a record total value locked (TVL) of 18.62 million SOL, valued at over $1.9 billion. This performance marked 12 consecutive quarters of growth and an 11.9% increase compared to the previous quarter.
The platform offers yields typically ranging in the mid-to-high 5% APY, with recent figures around 5.7% APY. These returns are occasionally enhanced through maximal extractable value (MEV) and fee-sharing arrangements between validators and stakers.
In terms of infrastructure, the company implemented a 2-of-3 multisig security model for its consumer application and introduced Sanctum Wrapped SOL (swSOL). In August 2026, the protocol briefly surpassed Jupiter to become the largest Solana project by TVL.
