Skip to content

DappsAtlas index · 14,224 dApps

DappsAtlas
Pstake Finance logo

Staking · Review

Inactive

pSTAKE Finance Review 2026: Liquid Staking Wind-Down

pSTAKE Finance developed liquid-staking products for Bitcoin and other assets, but it has announced the wind-down of its legacy offerings. Treat the protocol as discontinued for liquid staking and check its final notices before taking any action.

By the DappsAtlas editorial team · Updated

DappsAtlas score

—/10

Not rated

Our verdict on Pstake Finance

pSTAKE Finance is most relevant to former users checking the status of its Bitcoin, Cosmos, or BNB liquid-staking positions, and to readers looking for background material on Bitcoin staking. Its key strength was a range of liquid-staking products, including a Bitcoin offering tied to Babylon. The main caveat is decisive: pSTAKE has announced that its legacy liquid-staking products are being deprecated. Do not treat old guides as proof that deposits or withdrawals remain available; check the latest product-specific notice before acting.

Score breakdown

How Pstake Finance scores

Security
n/a
Ease of use
n/a
Fees
n/a
Features
n/a

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Pstake Finance?

pSTAKE Finance developed liquid-staking products for Bitcoin, Cosmos assets, and BNB. Its site announced the deprecation of yBTC and the wind-down of its legacy liquid-staking products, so these offerings should not be treated as currently available. The site remains an information resource with guides and notices.

How Pstake Finance works

pSTAKE’s Bitcoin offering was presented as liquid staking: BTC was staked through Babylon’s Bitcoin staking system, with yBTC described as a liquid token representing the position. Liquid tokens are designed to make a staked position usable elsewhere, but they can carry protocol, redemption, and market-price risks.

3 features

Key features

01

Bitcoin liquid staking

pSTAKE promoted Bitcoin liquid staking connected to Babylon’s BTC staking system and introduced yBTC as a yield-optimized liquid-staking token. The project later announced yBTC’s deprecation.

02

Legacy staking products

The project also offered liquid-staking products for Cosmos and BNB assets. It published final notices about winding down these legacy offerings.

03

Educational content

The site contains Bitcoin explainers, guides, and product announcements. It functions as an information resource even as the legacy staking products are being deprecated.

Pros and cons

What we like

  • Published final notices about product deprecation and asset-claim guidance.
  • Offered Bitcoin liquid staking connected to Babylon’s BTC staking system.
  • Maintains guides and educational content about Bitcoin and liquid staking.

Watch out for

  • pSTAKE has announced the deprecation of its legacy liquid-staking products, including yBTC and products for Cosmos and BNB.
  • Current deposit, unstaking, and withdrawal availability is not established; do not assume the products are still usable.
  • Fees, audits, custody arrangements, and current product terms are not published.
  • The site is now primarily an information resource, so users may need to consult product-specific notices to determine how to recover assets.

Pstake Finance fees

Fees for pSTAKE’s legacy staking products are not published in the project information here. Since the products have been deprecated, check the relevant final notice for any applicable withdrawal or recovery terms before proceeding.

Is Pstake Finance safe?

The project has announced the wind-down of its legacy liquid-staking products. This means users should confirm the status and recovery process for each asset before interacting with old contracts or following older guides. Smart-contract, redemption, and third-party protocol risks may apply to any remaining positions.

Audit details, custody arrangements, and current product terms are not published here. No licensing information is stated.

4 steps

How to get started with Pstake Finance

  1. 1

    Read pSTAKE’s latest final notice and the notice for the specific product or asset you used.

  2. 2

    Check whether deposits, withdrawals, or claims are still supported for that product.

  3. 3

    If you already have assets in a pSTAKE product, follow its current recovery instructions and verify the destination address before signing transactions.

  4. 4

    Do not deposit new assets unless pSTAKE clearly confirms that the relevant product is active.

Who Pstake Finance is for

pSTAKE’s current site is best suited to former users looking for deprecation notices and asset-claim guidance, or readers seeking educational material on Bitcoin and liquid staking. It is not a clear choice for anyone looking to start a new liquid-staking position.

Pstake Finance FAQs

Can I still liquid stake BTC with pSTAKE?

No. pSTAKE has published final notices announcing the deprecation of its legacy liquid-staking products, including yBTC. Current deposit availability is not established.

How do I claim assets from pSTAKE?

pSTAKE's site includes a guide about claiming assets from its Cosmos liquid-staking products. Check the latest product-specific notice for instructions that apply to your asset; do not rely on older how-to guides without confirming they remain valid.

What is the PSTAKE token?

PSTAKE is the project’s named token. The current utility and terms for holding or staking it are not established by the project information here.

Compare

Pstake Finance alternatives

All alternatives
SSV Network logoScore 7.6 out of 10

SSV Network is a distributed validator technology layer for Ethereum staking, used by exchanges, custodians, staking services and node operators.

TVL $11.7B+0.1%Ethereum
Obol logo

Obol

Staking

Score 7.2 out of 10

Obol builds Distributed Validator technology that splits Ethereum validators across operator clusters, for stakers, operators and institutions.

TVL $1.27B+19.5%Ethereum
Babylon Protocol logoScore 7.4 out of 10

Babylon is a Bitcoin collateral infrastructure project that lets holders stake native BTC or use it as collateral without wrapping or bridging.

TVL $3.10B−1.8%Bitcoin
ether.fi Stake logoScore 7.8 out of 10

ether.fi Stake is a non-custodial Ethereum liquid staking protocol with an app for earning, borrowing and spending, for ETH holders comfortable with DeFi risk.

TVL $4.26B−0.8%Ethereum · Base · Arbitrum +3
Liquid Collective logoScore 7.6 out of 10

Liquid Collective is a non-custodial Ethereum liquid staking protocol issuing LsETH, designed mainly for institutions and compliance-focused stakers.

TVL $616M+0.1%Ethereum
Stader logo

Stader

Staking

Score 7.4 out of 10

Stader is a non-custodial liquid staking platform offering liquid tokens on Ethereum, Hedera and other proof-of-stake networks for stakers and institutions.

TVL $186M−3.6%Ethereum · Hedera · Fantom +3

Same category

More Staking dApps

Staking rankings
Jito Liquid Staking logoScore 8.0 out of 10

Jito Liquid Staking lets Solana users stake SOL for JitoSOL, a liquid token that accrues staking and MEV rewards.

TVL $928M−7.6%Solana
Marinade Liquid Staking logoScore 8.0 out of 10

Marinade is a Solana staking protocol offering native and liquid staking (mSOL) via an auction where validators bid for delegated SOL.

TVL $204M−6.8%Solana
Kinetiq kHYPE logoScore 7.8 out of 10

Kinetiq is a non-custodial liquid staking protocol on Hyperliquid that turns staked HYPE into the yield-bearing kHYPE token for DeFi users.

TVL $831M−11.5%Hyperliquid L1
BlazeStake logo

BlazeStake

Staking

Score 7.8 out of 10

BlazeStake is a non-custodial Solana liquid staking protocol that issues bSOL, for SOL holders wanting staking yield and DeFi use.

TVL $78.9M−6.8%Solana
Ankr logo

Ankr

Staking

Score 7.6 out of 10

Ankr is a Web3 infrastructure provider offering multichain RPC, rollup services and liquid staking for stakers, developers and enterprises.

TVL $23.9M−2.1%Ethereum · Flow · BNB Chain +5
Sanctum Validator LSTs logoScore 7.4 out of 10

Sanctum Validator LSTs are Solana liquid staking tokens from SanctumSPL stake pools, for SOL holders and teams launching custom LSTs.

TVL $1.60B−5.6%Solana

Same chain

More on Bitcoin

Bitcoin rankings
OKX logo

OKX

Centralized Exchanges

Score 8.0 out of 10

OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.

TVL $28.4B+0.1%Ethereum · Bitcoin · X Layer +21
Bitvavo logo

Bitvavo

Centralized Exchanges

Score 7.9 out of 10

Bitvavo is an Amsterdam-based, MiCA-authorized crypto exchange offering 400+ assets, euro deposits, staking and leverage trading for European users.

TVL $319M−11.3%Ethereum · Bitcoin · Solana +9
Robinhood logo

Robinhood

Centralized Exchanges

Score 7.8 out of 10

Robinhood is a US brokerage app offering commission-free stocks, options, futures and custodial crypto trading for retail investors.

TVL $13.7B−1.6%Bitcoin · Ethereum · Polygon +1
Deribit logo

Deribit

Centralized Exchanges

Score 7.8 out of 10

Deribit is a centralized crypto derivatives exchange known for Bitcoin and Ethereum options, plus futures, perpetuals and spot, aimed at active and institutiona

TVL $3.66B−6.0%Bitcoin · Ethereum · Solana +2
Lombard LBTC logo

Lombard LBTC

Restaked Btc

Score 7.8 out of 10

Lombard issues LBTC, a yield-bearing Bitcoin token backed 1:1 by BTC, for holders and institutions who want to use Bitcoin in DeFi.

TVL $522M−4.1%Bitcoin · Ethereum
Gate logo

Gate

Centralized Exchanges

Score 7.7 out of 10

Gate is a centralized crypto exchange founded in 2013 offering spot, futures, stocks and earn products for traders who want one multi-asset account.

TVL $5.91B−2.6%Ethereum · Bitcoin · BNB Chain +129

How we checked

Sources

No public sources were recorded for this review.

Last updated . Spotted an error? Tell us and we will correct it.