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Solayer SOL

Solayer SOL

SSOL

Key Stats

Total Supply74.82K SSOL
Max Supply
Circulating Supply74.82K SSOL
Launch Date2024-05-16
Built OnSOL
Token StandardSPL
Smart Contract AddresssSo14e…ywEh
Decimal Places9

Solayer SOL Information

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
sSOLSPLSOLsSo14endRuUbvQaJS3dq36Q829a3A6BEfoeeRGJywEh2024-05-16

About Solayer SOL

sSOL is a liquid restaking token from Solayer Labs on Solana. It combines SOL staking and restaking rewards, provides utility in DeFi, and contributes to network performance and bandwidth for dApps.

Frequently Asked Questions

sSOL is the liquid restaking token of the Solayer protocol on Solana. When users deposit SOL (or other Solana liquid staking tokens), they receive sSOL, which represents their staked assets and accrues both SOL staking rewards and restaking incentives tied to Actively Validated Services (AVSs) like Sonic Layer‑2, JitoSOL, and more.

  • Staking & Restaking Rewards: Earn native SOL staking yield plus additional rewards from network services.

  • DeFi Integration: Can be used as collateral, liquidity, or for trading across Solana DeFi protocols like Orca, Kamino, Raydium.

  • Quality-of‑Service for dApps: dApps can stake sSOL to secure network bandwidth and faster transaction throughput.

Solayer is developed by Solayer Labs, with co-founders including Jason Li. The project has raised around $12 million in funding from investors like Polychain Capital, Binance Labs, and Hack VC.