what's Stride Staked Atom?
Stride Staked Atom (STATOM or stATOM) is a liquid staking token in the Cosmos ecosystem, representing staked ATOM tokens provided to the Stride protocol. Users deposit ATOM to receive stATOM, which accrues staking rewards over time while maintaining liquidity for use in DeFi applications, trading, or other protocols without needing to unstake the underlying assets.
Stride Staked Atom achieved $830k weekly IBC volume, ranking third among IBC assets.
Achieved $830k in weekly IBC volume, ranking third among IBC assets.
Launched stATOM/ATOM trading pool on Oroswap with 500,000 ORE rewards allocated to top 10 traders by volume (proportional distribution, minimum $100 traded to qualify).
D/stATOM pool on Saga blockchain provides 427% APR yield, with Squid Router enabling stATOM bridging to the Saga ecosystem.
stATOM is now live as day-one collateral on Mustang Finance's stablecoin protocol on Saga blockchain via Stride Zone, allowing users to borrow yield-bearing stables against their stATOM holdings.
New liquidity deployment voting and rewards available on Astroport for ATOM, stATOM, and dATOM holders who have locked tokens with Hydro.