StakeWise
Staking · Liquid Staking · osETH
StakeWise V3 lets users stake into solo or curated vaults and mint osETH, an overcollateralized liquid staking token, keeping rewards within the vault.
Permissionless, overcollateralized ETH staking.
osETH price
$1848.56
+2.6% 24h
Latest data · 15 min delay
Competitors
Ranked top→bottom — who competes with StakeWise and how they differ.
| # | Competitor | Positioning | Similarities | Differentiator |
|---|---|---|---|---|
| 1 | Lido | Dominant ETH liquid staking protocol issuing stETH; the market-share leader StakeWise competes against for staker deposits and DeFi integrations. | Both are Ethereum liquid staking protocols that issue a reward-bearing liquid token usable across DeFi and use a curated/operator model for validators. | Lido's stETH is a direct liquid staking token from a curated operator set; StakeWise V3 uses a permissionless Vault marketplace and issues osETH as an overcollateralized, slashing-protected token minted against a chosen Vault. |
| 2 | Rocket Pool | Decentralized, permissionless ETH staking protocol issuing rETH, the closest philosophical competitor to StakeWise's permissionless-operator design. | Both emphasize permissionless node operation and decentralization, letting independent operators run validators and stakers hold a liquid token. | Rocket Pool operators post RPL/ETH collateral to run minipools and issue a single rETH token; StakeWise separates staking (Vaults) from the liquid token (osETH) and enforces overcollateralization on the token rather than requiring operator ETH bonds in standard Vaults. |
| 3 | Binance | Exchange-native wrapped beacon ETH. | Both in Staking (Liquid Staking). | Exchange-native distribution and liquidity; wBETH is usable on-chain and across the Binance ecosystem. |
| 4 | Coinbase | Exchange-native ETH liquid staking. | Both in Staking (Liquid Staking). | Backed by a regulated US exchange; cbETH provides liquid access to Coinbase-operated staking. |
| 5 | Stader Labs | Multi-chain liquid staking infrastructure. | Both in Staking (Liquid Staking). | Multi-chain staking platform with a dual operator-pool design that lowers the bond to run a node. |
| 6 | Frax Finance | Hybrid stablecoin pivoting to RWA backing. | Both in Staking (Liquid Staking). | First-mover hybrid algo-collateral stablecoin, now pivoted to RWA-backed frxUSD with BUIDL — an institutional bridge to DeFi. |
| 7 | Mantle | L2-ecosystem ETH liquid staking. | Both in Staking (Liquid Staking). | Backed by the Mantle treasury and tightly integrated with the Mantle L2 ecosystem and its DeFi venues. |
| 8 | Swell | Non-custodial liquid staking and restaking. | Both in Staking (Liquid Staking). | LST plus a native restaking roadmap (rswETH / Swellchain) under one non-custodial protocol. |
| 9 | Ankr | Multi-chain liquid staking and node infrastructure. | Both in Staking (Liquid Staking). | Liquid staking across many chains backed by Ankr's global node infrastructure business. |