# Binance Staked SOL

> Track Binance Staked SOL's TVL with daily on-chain data. Compare Binance Staked SOL with other liquid staking projects. See charts and datasets in one place.

Source: [Binance Staked SOL on Token Terminal](https://tokenterminal.com/explorer/projects/bnsol). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: BNSOL
- Sectors: Liquid staking
- Chains: solana

## About

### What it is

BNSOL is a liquid staking token that allows users to earn staking rewards while maintaining liquidity of their assets. The token can be traded or used in DeFi applications while the underlying SOL continues generating staking yield.

### Who uses it

Binance, one of the world's largest cryptocurrency exchanges, offers Binance Sol (BSOL) as their liquid staking solution for Solana.

### How it works

Users deposit SOL tokens which are staked on the Solana network through Binance's staking pools. In return, users receive BNSOL tokens that represent their staked SOL plus accrued staking rewards.

## Metrics

Token Terminal tracks these metrics for Binance Staked SOL daily. Each page has a chart with the full history.

- [Total value locked](https://tokenterminal.com/explorer/projects/bnsol/metrics/tvl)

## Links

- [website](https://www.binance.com/en/solana-staking)