Staking Pool · Review
SiloStake Review 2026: Sei Liquid Staking, Shrunken TVL
SiloStake is a liquid staking and MEV-focused protocol on the Sei blockchain that was once the chain's largest liquid staking provider. Its TVL is now a small fraction of its peak, and it lists no audits.
By the DappsAtlas editorial team · Updated
DappsAtlas score
4.3/10
Weak
Our verdict on SiloStake
4.3/10SiloStake suits users who already hold SEI, understand liquid staking risk, and want a small, Sei-native option. Its main strength is the simple idea: stake SEI and keep a liquid token. The main caveat is that TVL has collapsed from a reported peak above $30 million to roughly $104,000, no audits are listed, and fees and team details are not published. Anyone considering it should start small and compare it against larger staking options on Sei.
Score breakdown
How SiloStake scores
- Security
- 3.5/10
- Ease of use
- 6.5/10
- Fees
- n/a
- Features
- 4.0/10
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 SiloStake?
SiloStake is a liquid staking protocol built on Sei and is described as MEV-focused. Users stake SEI and receive a liquid token in return, so their position stays usable instead of being locked.
In 2024, it was reported as Sei's largest liquid staking protocol, with TVL crossing $30 million and later reports citing about $34.5 million. It was listed from January 2024 and was among the better-known dApps on Sei alongside Yei Finance and Dragon Swap.
The picture has since changed. Tracker data in November 2026 shows about $104,000 in TVL, down more than 36% over 30 days. The protocol has no token and lists no audits. The homepage could not be reviewed, so the team, fees and current product details are not confirmed here.
How SiloStake works
Staking on Sei normally means delegating SEI to a validator to help secure the network and earn rewards, with the tokens locked and subject to an unbonding period. Liquid staking changes this by pooling deposits and issuing a token that represents your share of the staked SEI plus accrued rewards.
With SiloStake, you connect a wallet to the website, enter an amount and receive the liquid staking token in return. Because that token is a normal asset on Sei, it can be held, traded or deposited elsewhere. In 2024, Yei Finance partnered with SiloStake to incentivise deposits of the token in its lending markets.
The project also calls itself MEV-focused. MEV is value that can be captured by ordering or including transactions in blocks. Public sources do not explain how SiloStake captures or distributes it, so check the app for any such mechanism.
5 features
Key features
01
Liquid staking for SEI
Deposit SEI and receive a liquid staking token, so your stake keeps earning while the tokens remain usable.
02
MEV-oriented design
The project describes itself as MEV-focused, aiming to capture value beyond basic staking rewards. How this is done and shared is not detailed.
03
No lockup on holdings
One report notes that the staking process does not lock your tokens in the usual way, since the liquid token represents your position.
04
Lending integration
In 2024, the lending app Yei Finance partnered with SiloStake to incentivise deposits of its liquid staking token, giving the token a use in lending.
05
Simple web interface
The app is described as a simple flow: open the website, connect a wallet, and enter the amount to stake.
Pros and cons
What we like
- Focused on a clear use case: liquid staking for SEI on Sei
- Was reported as Sei's largest liquid staking protocol during 2024
- Liquid token had a lending use through a Yei Finance partnership
- Staking does not lock your tokens in the usual way
- Straightforward connect-and-stake flow
Watch out for
- TVL has dropped to roughly $104,000 from a reported peak above $30 million, which suggests most users and partners have left
- No audits are listed for the protocol
- Fees, validator selection and MEV revenue sharing are not published in the material available
- Exposure to a single chain, Sei, and a single asset, SEI
- No governance or protocol token, so there is no stated way for users to influence decisions
- The team is not identified
SiloStake fees
SiloStake's fee structure is not published in the material available. Any commission on staking rewards, along with the exchange rate between SEI and the liquid staking token, should be visible in the app before you confirm a deposit.
Expect to pay normal Sei network transaction fees when staking and unstaking. If you use the liquid token in lending or trading, those protocols charge their own fees on top.
Is SiloStake safe?
No audits are listed for SiloStake, and the team is not identified. Liquid staking adds smart-contract risk on top of validator risk: if the contract is flawed, or the liquid token loses its link to the underlying SEI, holders can lose value. Using the token in lending adds a further layer of protocol risk.
The sharp fall in TVL is a warning sign, since smaller pools can be more fragile and less actively maintained. No hacks or incidents are mentioned, but absence of reports is not proof of safety. Deposit only what you can afford to lose.
6 steps
How to get started with SiloStake
- 1
Set up a wallet that supports the Sei network and fund it with SEI.
- 2
Open the SiloStake website from a source you have verified, as fake staking sites are common, and connect the wallet.
- 3
Check the app for the current exchange rate, any fees and the unstaking terms before depositing.
- 4
Enter the amount of SEI to stake and approve the transaction.
- 5
Keep the liquid staking token in your wallet, or use it in a supported app if you accept the added risk.
- 6
Start with a small amount first and monitor the protocol's TVL and announcements.
Who SiloStake is for
SiloStake is for experienced SEI holders who want liquid staking on Sei and accept the risks of a small, unaudited protocol. It is less suited to newcomers, to people who need audited contracts, or to anyone who wants a deep and active pool.
SiloStake FAQs
What is SiloStake?
SiloStake is a liquid staking protocol on Sei. You deposit SEI, it is staked for you, and you receive a liquid staking token that you can use elsewhere in DeFi. It also describes itself as MEV-focused.
What are SiloStake's fees?
The protocol's own fee schedule is not published in the material available. Fee details, such as any commission on staking rewards, should be shown in the app before you confirm a deposit. Network gas fees on Sei also apply.
Is SiloStake audited?
No audits are listed for the protocol. That does not prove a flaw, but it means you cannot rely on a published third-party review. Treat it as higher risk and size your deposit accordingly.
How much value is locked in SiloStake?
Tracker data shows about $104,000 in TVL in November 2026, down more than 36% over the previous 30 days. Earlier reports put it above $30 million in 2024. The project has not published an explanation.
Does SiloStake have a token?
No. The protocol has no token listed. You receive a liquid staking token that represents your staked SEI, but that is a receipt rather than a governance or reward token.
Which blockchain does SiloStake run on?
SiloStake runs only on Sei. You need a Sei-compatible wallet and some SEI to use it.
Compare
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How we checked
Sources
- 1.defillama.com/protocol/silostake
- 2.nftgators.com/sei-blockchain-hits-record-115m-tvl-driven-by-yei-lending-app-surge/
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