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View Chartstake.link (SDL) is a delegated liquid staking protocol built for the Chainlink ecosystem, operating on the Ethereum platform. It allows users to stake LINK tokens while maintaining DeFi composability, meaning staked positions can still participate in broader decentralised finance activities. The protocol is powered and governed by its native token SDL, which serves as the backbone of platform operations, fee distribution, and governance. With a total and maximum supply capped at 10,00,00,000 SDL, the project launched in 2022 and has since positioned itself as a foundational infrastructure layer for LINK staking. Its core proposition is straightforward: stake LINK, secure the network, earn rewards, and enable DeFi composability. The project continues to evolve, with blog updates describing its journey from a premier liquid staking solution for Chainlink toward becoming the first on-chain liquid staking token.
Detailed public information about the founding team and individual creators of stake.link is currently limited. The project is closely associated with the Chainlink ecosystem and is listed on the official Chainlink Ecosystem directory. Its development and governance are structured around community participation through SDL token holders, who elect Governing Council Members and contribute to platform decisions. The protocol has established a presence across multiple social platforms, including Twitter, LinkedIn, and GitHub, where source code is available for public review.
stake.link operates as a delegated liquid staking protocol. Users stake LINK tokens through the platform, which secures the Chainlink network while generating rewards. The protocol issues staking positions that remain liquid and composable within DeFi, allowing participants to earn staking rewards without locking their assets entirely. SDL token holders can stake their tokens to receive a percentage of all fees generated by the platform, with fee revenue scaling directly with the amount of LINK and rewards in the protocol. Governance proposals known as SLURPs are proposed, discussed, and refined by SDL holders, who also elect Governing Council Members. The protocol supports Audited Custom Smart Contracts for institutions, exchanges, and wallet providers, enabling batch staking automation for staking at scale. Priority access to LINK staking allocations is determined by the amount of SDL held by a deposit address, ensuring high-priority stakers gain access first.
stake.link distinguishes itself as the first delegated liquid staking protocol specifically designed for Chainlink Staking. Its integration with the Chainlink ecosystem provides a direct pathway for LINK holders to earn staking rewards while maintaining DeFi interoperability. The protocol's dual-token mechanism, where SDL governs fee distribution and priority access, creates aligned incentives between stakers, providers, and the broader platform. The introduction of staking NFTs that represent locked SDL positions while automatically accumulating rewards and preserving governance voting power is a notable innovation. Additionally, the protocol's support for Audited Custom Smart Contracts allows institutions, exchanges, and wallet providers to integrate seamlessly at no cost beyond holding SDL, making it accessible for large-scale staking operations.
The SDL token serves three primary functions within the stake.link ecosystem. First, it acts as a fee token: staking SDL returns a percentage of all platform-generated fees, which scales with the amount of LINK and rewards in the protocol. Second, it functions as a governance token: holders vote on platform direction, fee structures, and participant involvement, and they actively propose, discuss, and refine SLURPs while electing Governing Council Members. Third, SDL provides priority staking access: stakers of SDL are first in line to deposit LINK when additional staking space becomes available. Beyond these core functions, staking SDL reserves a spot in the queue for guaranteed LINK staking allocations, and rewards are distributed to stakers who offer collateral to Providers and to Providers who make staking allocations available.
The stake.link ecosystem is expanding through integrations and infrastructure development. It is listed on the Chainlink Ecosystem directory as the first of its kind delegated liquid staking protocol, powered and governed by SDL with DeFi interoperability. The protocol supports Audited Custom Smart Contracts for institutions, exchanges, and wallet providers, alongside batch staking automation for large-scale operations. Community engagement is active across Twitter, LinkedIn, Telegram, and Reddit, with discussions in the r/Chainlink community reflecting ongoing interest and scrutiny. A YouTube live event in October 2024 showcased Chainlink-integrated liquid staking and a competition kick-off. In February 2025, a LinkedIn post highlighted that more than 89,000 LINK were staked via stake.link in a single day, demonstrating growing adoption. A December 2025 blog post detailed the evolution from premier liquid staking for Chainlink to the first on-chain LST.
SDL is not mined through traditional proof-of-work mechanisms. Instead, tokens are acquired through participation in the stake.link protocol. Users can buy and stake SDL in one step, swapping any token or using a credit card to purchase SDL and automatically stake it in a single transaction. Staking SDL provides a staking NFT representing the locked position, which automatically accumulates staking rewards while maintaining governance voting power. LINK holders can stake their tokens through the platform to secure the Chainlink network and earn rewards. Priority access to LINK staking batches is determined by the amount of SDL held by a deposit address, with institutions, exchanges, and wallet providers able to unlock priority access through Audited Custom Smart Contracts. Staking at scale is supported through batch staking automation.
Security should be a priority for anyone holding SDL tokens. Use hardware wallets for long-term storage to keep private keys offline and protected from online threats. When interacting with the stake.link protocol, always verify that you are using the official website and contract address. The Ethereum contract address for SDL is 0xa95c5ebb86e0de73b4fb8c47a45b792cfea28c23, which can be verified on Etherscan. Be cautious of phishing attempts and unofficial links shared on social media or messaging platforms. The project holds a CertiK rating of 3.8, and its smart contracts have been audited by industry-leading experts, but users should still conduct their own research. When staking SDL, understand that staking NFTs represent locked positions and maintain governance voting power. Regularly review wallet permissions and revoke access to contracts you no longer use. Community discussions, such as the Reddit thread in r/Chainlink titled "Is Stake.Link trustworthy?", reflect the importance of due diligence before committing assets.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for SDL 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 stake.link (SDL) is ₹21.663726. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SDL to USD rate at the top of BTCC’s price page. In terms of market scope, stake.link records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹135.153148Cr. Its current circulating supply stands at -- out of a maximum supply cap of 10Cr.
The price volatility of stake.link (SDL) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (10Cr), 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, stake.link (SDL) hit an all-time high (ATH) of ₹328.449713 on 2022-12-05 20:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹6.701848 on 2023-05-21 09:50. 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 SDL 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 (₹0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s SDLUSDT perpetual contracts support two-way trading. If you anticipate a price decline for stake.link, simply log into your BTCC account with USDT margin available, navigate to the SDLUSDT 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 SDLUSDT 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: ₹21.663726), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SDLUSDT with zero financial risk.
Trading stake.link (SDL) 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 SDLUSDT, and review its live price (₹21.663726) 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.
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