What Drift Staked SOL is

Drift Staked SOL (DSOL) is a liquid-staking / restaking derivative token, currently ranked 215th by market capitalization among the assets we track. Rather than locking assets to stake, holders of Drift Staked SOL hold a liquid claim on a staked position. That claim earns yield and can be redeployed, which is why liquid-staking tokens became DeFi collateral staples.

Drift Staked SOL (DSOL) is a token that represents staked SOL on the Drift platform, allowing users to earn rewards while participating in the decentralized finance ecosystem. It enhances liquidity and provides users with additional earning opportunities on their staked assets.

How the yield and peg work

Drift Staked SOL tracks the value of the staked asset plus rewards, so it should trade at or slightly above the underlying. A discount usually signals withdrawal-queue stress or smart-contract risk rather than a broken model.

Background & fundamentals

In sector terms it is most often filed under Solana (SOL) Token.

Where Drift Staked SOL sits in the market

Trading around $83.95, Drift Staked SOL carries a market capitalization of $122.83M. Around $5.46K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.00% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Drift Staked SOL carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. DSOL remains -71% beneath its all-time high of $289.08, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

The tape currently reads 24-hour -1.94%, 7-day -4.93%.

Volatility profile

Recent action puts Drift Staked SOL in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual.

How to evaluate a liquid-staking token like Drift Staked SOL

A grounded read on DSOL comes down to three questions:

  • Peg to underlying — whether DSOL trades close to the value of the stake it represents.
  • Provider risk — the smart-contract and validator risk of the staking protocol behind DSOL.
  • Yield and unlocks — the staking yield and how withdrawal queues behave under stress.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.