Binance Staked SOL
Binance Staked SOL Basic Information
Symbol: BNSOL
Price: $159.49
Volume: $8,284,166
Market Cap: $1,267,094,803
Fully Diluted Value: 1,267,094,803
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 7,944,747
Type: Crypto Token
Binance Staked SOL Trading Chart
Binance Staked SOL on Exchanges
Learn more about Binance Staked SOL
Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost. In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate on Binance SOL Staking, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.