# Stader

> Track Stader's fees, revenue, TVL and active users with daily on-chain data across 4 chains. Compare Stader with other liquid staking projects. Updated daily.

Source: [Stader on Token Terminal](https://tokenterminal.com/explorer/projects/stader). 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: SD
- Sectors: Liquid staking
- Chains: bsc, ethereum, fantom, hedera

## About

### What it is

Stader is a non-custodial liquid staking protocol built on Ethereum and other blockchains. Stader was founded by Amitej Gajjala, Dheeraj Borra & Sidhartha Doddipalli and launched in 2021.

### Who uses it

SD tokenholders own and govern the protocol. They currently take a cut of the total return on investment (revenue). Stader’s investors include GoldenTree Asset Management, Blockchain.com, Pantera Capital etc.

### How it works

Stakers deposit funds into Stader and receive a return on investment in the form of staking rewards (supply-side revenue). Fantom fees and revenues are not included. 

## Metrics

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

- [Price](https://tokenterminal.com/explorer/projects/stader/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/stader/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/stader/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/stader/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/stader/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/stader/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/stader/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/stader/metrics/token-supply-circulating)
- [Maximum token supply](https://tokenterminal.com/explorer/projects/stader/metrics/token-supply-maximum)
- [Total value locked](https://tokenterminal.com/explorer/projects/stader/metrics/tvl)
- [Assets staked](https://tokenterminal.com/explorer/projects/stader/metrics/assets-staked)
- [Fees](https://tokenterminal.com/explorer/projects/stader/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/stader/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/stader/metrics/revenue)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/stader/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/stader/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/stader/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/stader/metrics/ps-circulating)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/stader/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/stader/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/stader/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/stader/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/stader/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/stader/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/stader/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/stader/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/stader/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/stader/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/stader/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/stader/metrics/arpu)
- [Take rate](https://tokenterminal.com/explorer/projects/stader/metrics/take-rate)

## Links

- [governance](https://forum.staderlabs.com/)
- [github](https://github.com/stader-labs)
- [twitter](https://twitter.com/staderlabs)
- [discord](https://discord.com/invite/xJURAhSmav)
- [etherscan](https://etherscan.io/address/0x30d20208d987713f46dfd34ef128bb16c404d10f)
- [website](https://www.staderlabs.com/)