2026-01-08 14:27:20

There have been many interesting projects in the liquidity staking track on BNB Chain over the past two years, but the one that has recently caught attention has truly impressive data. Originally known as Helio Protocol, it later merged with Synclub, and now positions itself as an all-in-one DeFi protocol, mainly focusing on liquidity staking and over-collateralized lending.

The data speaks for itself—by 2025, TVL growth is expected to reach 520%, peaking at $4.3 billion, firmly ranking in the top two on BNB Chain. Even more remarkable is the liquidity staking market, which has captured over 60% of the share, with over 1.25 million BNB locked. Such a scale is not just hype.

How does the product line work? It mainly consists of three parts. The first is the staking layer: depositing BNB generates slisBNB tokens, with static yields ranging from 8.95% to 12% APY. The key is that these tokens are also highly liquid and tradable. The second part is lending: based on an over-collateralized mechanism, lisUSD stablecoins can be minted, accepting collateral in BNB, ETH, weETH, and other assets, with relatively manageable risk. The third part is governance: veLISTA tokens grant voting rights and dividends, plus phased airdrops, which add to its appeal.

As for yield strategies, this is what players really care about. Conservative investors can choose RWA-type products, with annualized yields of 3.5% to 4.71%, prioritizing stability. Those seeking higher returns can look at PSM pools, offering 7% to 12% annualized yields, which are already good in DeFi. For more aggressive strategies, Vaults can deliver around 18% annualized yield, but with increased risk, suitable for experienced participants.

On the technical side, core contracts have undergone third-party audits, and ecosystem collaborations are well underway. Major DEXs are integrated, and the user interface is thoughtfully localized. Multi-chain expansion is also progressing, providing suitable staking solutions for both individuals and institutions.

BNB3,19%

ETH6,56%

WEETH6,45%

RWA5,5%

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ProbablyNothing

· 01-11 14:12

520% growth rate? Is such an impressive number real... Speaking of which, this track on the BNB chain has indeed become quite competitive recently. --- 1.25 million BNB locked, 60% market share, this number is quite impressive. --- 18% annualized yield sounds great, but the risk aspect really needs attention; not everyone can handle it. --- Prioritizing stability with RWA logic, I understand, but the returns are too dull. --- After contract audits and integration with mainstream DEXs, the fundamentals are solid, much better than some shady projects before. --- From Helio to now, this scale and evolution route are acceptable, but it depends on whether it can hold up in the future. --- The governance model of veLISTA plus phased airdrops, this combo is indeed very attractive. --- The yield range of the PSM pool is pretty good, not too aggressive nor too idle, quite suitable for most people.

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LootboxPhobia

· 01-11 13:54

520% growth... How crazy is that --- 1.25 million BNB locked, this is the real scene --- 18% annualized yield sounds great, but I always feel something's off --- Helio's direct takeoff after renaming, merging strategy was a good move --- RWA pools are my favorite, stability beats everything --- Is it really so easy to defend the top two positions? BNB Chain's liquidity staking is really that competitive --- Can slisBNB certificates still be traded? This trick is pretty clever --- 60% market share... If this data is true, it's indeed outrageous --- Audited + localized + multi-chain expansion, looks like there's no cutting corners --- 7-12% PSM pools look the most pleasing, risk and return are acceptable --- From Synclub to this scale, it really has some skills --- lisUSD stablecoin requires multiple assets as collateral, this risk management approach is pretty good

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AllTalkLongTrader

· 01-11 12:46

520% growth? I find it hard to believe this number. 125 million BNB has been locked, that's really intense. 18% annualized sounds great, but I'm still hesitant. Did Helio suddenly become so aggressive after renaming? I need to check. slisBNB's liquidity is a selling point, but I'm more concerned about when the dump will happen. Is the risk of super-collateralized lending really controllable? It's easier to talk about than to do. How long can the top two positions stay stable? That's the real question. RWA products are insured, but the returns are too meager; it's not even better than saving in a bank. This contract has been audited, but I still want to see if there are any backdoors. The PSM pool offers a decent range of returns; I might try a small amount.

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GasFeeWhisperer

· 01-08 14:57

520% growth... Are these numbers real? I need to run some contracts myself to check. 60% market share? That's a bit scary. Such high concentration might entail significant risk. 18% annualized return sounds appealing, but strategies like this usually involve leverage, and it could blow up any day. The strong liquidity of slisBNB is a plus, but I'm just worried about falling into the liquidity trap again. After Helio's merger, there's definitely some momentum, but I want to observe a bit more before making a move.

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RuntimeError

· 01-08 14:56

A 520% growth rate is indeed outrageous, but I always feel that such early surges are a bit fake... The real test is whether we can hold on in the coming period.

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StablecoinGuardian

· 01-08 14:55

A 520% growth rate is indeed impressive, but I want to ask how long this 60% market share can be maintained. --- Locking in 1.25 million BNB, are you really not afraid of a rug pull... Audits are just the basics. --- An 18% annualized return sounds great, but I've fallen into too many traps with aggressive strategies. --- Is slisBNB liquidity really that strong, or does it just look that way? --- From Helio to now, it feels like betting on whether the narrative of this merger can hold the market long-term. --- The RWA segment at 3.5%-4.71%, it's stable, but it can't keep up with inflation. --- How is the tokenomics design of veLISTA? Does phased airdrops mean the lock-up periods will be very long later on? --- Is the top two on BNB Chain really that stable? It seems like there are still quite a few variables in this space.

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SocialAnxietyStaker

· 01-08 14:52

A 520% growth rate sounds impressive, but the biggest risk for this kind of project is sudden liquidity depletion. Maintaining a stable 60% market share after the merger is not just a boast; it mainly depends on whether the subsequent narrative can hold up. The collateralized lending model is already quite competitive; audits are just the basics.

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AlgoAlchemist

· 01-08 14:46

A 520% growth rate is indeed impressive, but such data is often the most painful when a bear market arrives. 1,250,000 BNB locked... just thinking about it makes you realize how high the risk concentration is. An 18% annualized return sounds great, but how many people truly dare to all-in on Vaults?

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PancakeFlippa

· 01-08 14:44

BNB Chain liquidity staking has really heated up, with a 60% share directly in control... This APY data is a bit too sweet; we need to see how long it can last. 1.25 million BNB locked in, betting that this thing won't crash the market. An 18% annualized rate sounds great, but it's making my palms sweat. After the merge, being able to stabilize this scale is true skill; otherwise, it will just be another fireworks show.

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GweiTooHigh