what's Binance Staked SOL?
Binance Staked SOL (BNSOL) is a liquid staking token provided by Binance, allowing users to stake their Solana (SOL) tokens and receive BNSOL in return. This enables holders to earn staking rewards while maintaining liquidity, as BNSOL can be traded, lent, or used in DeFi protocols without unstaking the underlying SOL. The mechanism involves delegating staked SOL to validators on the Solana network, with BNSOL representing the staked position and accruing value over time through rewards. Built on the Solana blockchain, BNSOL integrates with Binance's ecosystem, including its exchange and Web3 wallet, facilitating seamless use across centralized and decentralized applications. It supports flexible staking without lock-up periods, enhancing capital efficiency for users participating in Solana's proof-of-stake consensus. Security is maintained through Binance's SAFU (Secure Asset Fund for Users) protections and Solana's high-performance infrastructure.
Binance Staked SOL is eligible for Binance Super Earn, offering NIGHT token rewards & airdrop.
contract
solana
Offers Binance Super Earn pools with Midnight Network, up to 120M NIGHT rewards, and a 12M NIGHT Glacier airdrop March 16, 2026.
Had abnormal index deviations from 21:36 to 22:15 UTC on October 10, 2025, due to thin liquidity and slower cross-venue rebalancing.
bnSOL is one of the three largest liquid staking tokens on Solana, in a sector that now exceeds 55-60M SOL in total size.
Collateral price indices and ratios improved for better experience, with staking APR at 5.6% on Binance Earn.
BNSOL experienced de-pegging during a major market crash event alongside USDE and WBETH, creating arbitrage opportunities for traders exploiting the price deviation.