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Sanctum overtakes Jupiter Exchange as Solana's top protocol by TVL, reaching $1.66B in liquid staking assets.

Protocol Fundamentals
28 Aug 2026
Crypto Briefing
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Bullish
pluang ai news

Sanctum, a liquid staking protocol on Solana, has surpassed Jupiter Exchange to become the leading protocol by total value locked (TVL), now holding about $1.66 billion. This shift highlights growing investor preference for yield-generating staking products over decentralized exchange services. Sanctum’s innovative Infinity pool enables shared liquidity across many liquid staking tokens, boosting its TVL to represent 2.72% of all circulating SOL. Despite TVL growth, Sanctum's revenue declined by nearly 40% in Q2 2026, though its new mobile app has attracted over 9,000 users. This trend reflects a broader move in crypto toward liquid staking, which allows users to earn rewards while maintaining liquidity, signaling a potential reshaping of Solana’s DeFi ecosystem.

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