Sanctum’s Solana LST APY tops network median by 8.2% since v2 upgrade

Average APY reached 6.28% versus Solana’s median liquid staking token yield of 5.80%, highlighting stronger post-upgrade staking returns.

SOL

Summary

Sanctum’s Solana liquid staking token has generated an average APY of 6.28% since its v2 upgrade, outperforming Solana’s median LST APY by 8.2%. The comparison puts the network median at 5.80%, indicating the token has delivered higher staking returns than the broader field of Solana liquid staking products over that period. APY (annual percentage yield) is a standard measure of yearly return, while LSTs (liquid staking tokens) let users stake assets while keeping a tradable token representing the staked position.

Terms & Concepts
  • LST: Liquid staking token representing staked assets.
  • APY: Annual percentage yield, a yearly return measure.
  • v2 upgrade: Second major protocol upgrade or version.