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View ChartStride (STRD) is a Cosmos-native multichain liquid staking platform built to maximise staking rewards while preserving liquidity. It operates as an independent Cosmos SDK blockchain, often described as a zone, and facilitates liquid staking within the Inter-Blockchain Communication (IBC) ecosystem. Using Stride, holders can stake assets from any IBC-compatible chain and receive liquid staking derivatives called stTokens in return. These stTokens remain freely usable across Cosmos DeFi while the underlying staked assets continue to earn staking rewards.
The project addresses a core trade-off in proof-of-stake networks: staked tokens earn passive yield but become locked and unusable in DeFi. Stride removes that constraint by issuing receipt tokens that accrue value over time. STRD is the native governance token of the Stride blockchain, which functions as a DAO. The protocol launched in 2022 and now supports a broad set of assets, with an upcoming DEX called Stride Swap positioned as an additional revenue source.
The Stride Labs team is a major contributor to the Stride Protocol. Riley Edmunds is listed as Co-Founder of Stride Labs, and Haryana is also listed as Stride Labs Co-Founder. Detailed public information about the wider founding team is currently limited. On the funding side, the project raised $10.70 million, including a $4 million round in February 2024. Pantera Capital is listed as a lead investor, alongside Ventures Capital, Tier 1, and additional backers.
Stride's workflow is built around three steps: liquid stake, earn, and redeem. Users supply native tokens and receive Stride staked tokens in return, with no waiting period and no minimum amount. The staked assets compound staking rewards, and users can pursue additional yield by lending, providing liquidity, and other DeFi strategies.
To exit, users can either redeem the native token through the app, subject to an unbonding period, or swap staked tokens instantly at the market rate on a DEX. Because staking rewards accumulate, users receive more native tokens back than they originally deposited. Stride LSTs are non-rebasing, meaning they constantly appreciate in value against the underlying staked token. For example, 1 stATOM equals 1.33 ATOM at the time of writing, and that redemption rate increases daily. Stride currently supports 17 tokens, including stTIA, stBGT, stDYM, stSAGA, stDYDX, stATOM, stOSMO, stSTARS, stJUNO, stLUNA, stEVMOS, stINJ, stUMEE, stCMDX, stSOMM, stISLM, and stBAND.
Stride is described as an appchain dominating the Cosmos LST market and as a potential largest competitor to Lido. Its addressable market spans all staked tokens on all IBC-compatible chains, and possibly beyond. The protocol has adopted Interchain Security by becoming a consumer chain of the Cosmos Hub, meaning its network is secured by Cosmos Hub validators while sharing 15% of its staking rewards with Cosmos Hub stakers, aligning incentives across the ecosystem.
STRD is described as the Cosmos LST token with buyback-and-burn. Protocol revenue from liquid staking fees and the upcoming Stride Swap DEX is used to buy back and burn STRD and a portion of ATOM, with 80% of revenue directed to buybacks and burns tied to ecosystem growth. Founders are burning 90% of their STRD. Stride has also completed 10 audits from multiple industry leaders, including seven audits by Informal Systems, two by Oak Security, and an early MVP architecture audit by Certik.
STRD is the governance token for the Stride blockchain. Because the chain functions as a DAO, no changes can be made to the Stride liquid staking protocol without governance approval. STRD holders vote on protocol upgrades, validator selection, fee parameters, and other decisions. STRD can also be staked, or bonded, within the network to help secure the chain, earning staking rewards paid in STRD plus a share of the yield from liquid-staked assets. The token is the primary mechanism through which users participate in governance and accrue value from protocol fees and staking rewards.
Stride sits at the centre of the Cosmos IBC ecosystem and carries a Berachain Ecosystem tag. Its supported assets span Celestia's TIA, Cosmos Hub's ATOM, Dymension's DYM, DYDX, Osmosis's OSMO, SAGA, and Berachain's BGT, among many others. The new stBGT product is live. The protocol has an upcoming DEX called Stride Swap, which is expected to serve as an additional revenue source feeding the buyback-and-burn mechanism.
Third-party commentary highlights the protocol's trajectory. Delphi Digital noted Stride's growth in total value locked, describing it as good for both Stride and the broader ecosystem. Mars Protocol emphasised that liquid staking derivatives such as stATOM are critical to attracting proof-of-stake token liquidity. Thyborg of Informal Systems framed Stride's total addressable market as all staked tokens on all IBC-compatible chains. Blockworks Research described Stride as an appchain dominating the Cosmos LST market that gives 100% of protocol staking rewards to stakers.
STRD is not mined through proof-of-work. It is a Cosmos SDK proof-of-stake asset secured by Tendermint consensus and Interchain Security, with Cosmos Hub validators helping secure the network. Participants acquire STRD through supported trading markets or by engaging with the protocol, then stake or bond it within the network to help secure the chain. Staking STRD earns rewards paid in STRD plus a share of the yield from liquid-staked assets. Users can also earn returns by liquid staking supported assets such as ATOM, TIA, OSMO, DYDX, and others, receiving stTokens that continue to accrue staking rewards while remaining usable in DeFi.
Stride states that safety and security are its top priority and that it has undergone extensive audits and safety measures to protect staked assets. The protocol has completed 10 audits, including seven by Informal Systems covering all features and security measures, two by Oak Security covering core functionality and ICA oracle contracts, and an early Certik audit of the MVP architecture.
For individual holders, standard self-custody practices apply: store STRD in a reputable non-custodial wallet that supports Cosmos-based assets, safeguard seed phrases and private keys offline, verify official links before interacting with any application, and be alert to phishing attempts that impersonate the project. Because Stride operates across IBC, users should confirm they are interacting with the correct chain and the official Stride interface. Governance participants should also review proposals carefully before voting, since protocol changes require approval through the DAO.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for STRD are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Stride (STRD) is A$0.035705. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated STRD to USD rate at the top of BTCC’s price page. In terms of market scope, Stride records a 24h trading volume of A_24h.486372K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of A$1.452598M. Its current circulating supply stands at 40.45M out of a maximum supply cap of 46.77M.
The price volatility of Stride (STRD) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Reserve Bank of Australia (RBA) or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (40.45M) to max supply (46.77M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Stride (STRD) hit an all-time high (ATH) of A$11.475768 on 2024-02-06 09:35, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at A$0.010924 on 2026-08-04 19:55. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading STRD futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (A_24h.486372K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s STRDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Stride, simply log into your BTCC account with USDT margin available, navigate to the STRDUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for STRDUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: A$0.035705), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for STRDUSDT with zero financial risk.
Trading Stride (STRD) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for STRDUSDT, and review its live price (A$0.035705) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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