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View ChartStader (SD) is a multi-chain liquid staking protocol that lets users earn staking rewards while keeping their assets liquid across several blockchain ecosystems.
Stader is a decentralized infrastructure platform designed to simplify and optimize staking across multiple blockchains. It issues Liquid Staking Tokens (LSTs) such as ETHx and MATICx.
Stader is a multi-chain liquid staking protocol that issues Liquid Staking Tokens (LSTs) like ETHx and MATICx.
The SD token is the governance and utility token of the Stader ecosystem, used for voting, fee discounts, and securing partner chains.
It operates on a unique multi-chain architecture, deploying tailored staking solutions on networks like Ethereum, Polygon, BNB Chain, and others.
Stader focuses on security, decentralization, and maximizing user rewards through its validator network and strategic partnerships.
Users can trade SD tokens on major exchanges.
| Item | Details |
|---|---|
| Name (Ticker) | Stader (SD) |
| Alternative Names | - |
| Consensus Mechanism | Stader does not run its own consensus; it stakes on partner PoS networks |
| Smart Contracts | Fully supported (Multi-chain EVM) |
| Category | Liquid Staking, DeFi |
| Hash Algorithm | Not applicable (SD is an ERC-20 token; Stader is staking middleware, not a standalone chain) |
| Block Reward | Varies by partner chain |
| Max Supply | 120,000,000 SD |
| TPS | Dependent on underlying blockchain |
| Scaling Solution | Native multi-chain deployment |
| Blockchain | Ethereum, Polygon, BNB Chain, Fantom, Hedera, and others (Multi-chain) |
| Token Standard | ERC-20 |
| Contract Address | 0x30D2...04D10f (see Etherscan for the full address) |
On June 25, 2024, 30 million SD tokens (20% of total supply) were burned, reducing total supply from 150 million to 120 million SD.
Circulating supply is approximately 71.95 million SD, about 60% of max supply. 21.25% (25.5 million SD) is allocated to the team and advisors, subject to a 6-month cliff.
Supply figures per Stader Labs tokenomics documentation and CoinMarketCap (coinmarketcap.com/currencies/stader).
Stader was founded in 2021 by Amitej Gajjala (CEO), Dheeraj Borra, and Sidhartha Doddipatla (CTO). The project is developed and governed by Stader Labs. The team has backgrounds from prestigious institutions and tech companies, bringing deep expertise in smart contracts, decentralized finance (DeFi), and blockchain infrastructure. Stader operates as a decentralized autonomous organization (DAO), meaning the SD token holders collectively guide the protocol's future development, treasury management, and key parameter decisions through on-chain governance votes.
Stader Labs announced a $12.5 million strategic raise. The ICO price was $4.5 and the seed price was $0.45; the public sale allocated 6 million SD, with an initial circulating supply of 4.5 million SD.
Stader operates as a multi-chain staking middleware. It provides a unified interface for users to stake native tokens (like ETH, MATIC, or BNB) on various Proof-of-Stake (PoS) networks. When users deposit their assets, Stader mints a corresponding Liquid Staking Token (LST), such as ETHx or MATICx. These LSTs represent the user's staked assets plus accrued rewards. Users can deploy these LSTs across 40+ DeFi protocols, including Aave and Curve, for lending, liquidity provision, or collateral, while continuing to earn staking rewards. On the backend, Stader distributes the deposited assets across a curated set of professional node operators and validators to optimize for security, decentralization, and reward yield. The protocol manages the complexities of validator selection, slashing insurance, and reward distribution automatically.
Stader's primary value proposition is its multi-chain focus and commitment to user-centric design.
Multi-Chain Strategy: Unlike many single-chain staking protocols, Stader deploys its audited, battle-tested smart contracts across multiple major blockchains. This approach captures liquidity and users from various ecosystems, reducing dependency on any single network's performance.
Liquid Staking Tokens (LSTs): Stader's LSTs unlock liquidity for staked assets. This solves the traditional staking problem of locked, non-transferable capital, allowing users to participate in DeFi and maintain financial flexibility.
Focus on Security & Decentralization: Stader allocates a portion of protocol fees to insurance pools that protect users against rare validator slashing events and smart contract vulnerabilities, and validators stake xSD to provide slashing insurance. Its multi-operator model prevents centralization of stake and enhances network resilience.
SD Token Utility: The SD token is integral to the ecosystem's flywheel. It is used for governance, fee discounts on the platform, and as a staking asset to secure Stader's partner chains (like the Hedera network), creating consistent demand drivers.
The SD token serves multiple critical functions within the Stader ecosystem:
Governance: Staking SD yields xSD, an auto-compounding token that carries governance rights; validators stake xSD to receive preferential delegations and provide slashing insurance.
Fee Discounts: Users can stake SD tokens to receive discounts on protocol fees associated with minting or redeeming Liquid Staking Tokens.
Chain Security: SD can be staked by node operators on specific partner chains (e.g., Hedera) to participate in network consensus and earn additional rewards, further integrating Stader into those ecosystems.
Community Incentives: The protocol uses SD tokens to reward liquidity providers for SD pairs and to incentivize user participation in various ecosystem initiatives.
SD is listed on several major centralized exchanges, including OKX, Coinbase, Binance, Crypto.com, and Revolut. Check each venue's availability in your jurisdiction before trading.
Stader's private sale investors include Pantera Capital, Coinbase Ventures, Jump Crypto, Blockchain.com, and True Ventures; its ecosystem partners include Ledger, Aave, Balancer, and Anchorage.
Stader's smart contracts have been audited by Sigma Prime, Halborn, Peckshield, and OtterSec.
Stader's platform lists Ethereum and Hedera as supported networks, while its broader multi-chain roadmap references Terra, Solana, Near, Avalanche, Polygon, BNB Chain, and Fantom.
Like any cryptocurrency, SD carries risks. Its price can be volatile, and regulatory treatment of digital assets varies by jurisdiction and may change. Smart contract vulnerabilities, validator slashing, and technical failures in underlying networks could also affect the protocol and the value of SD.
This article is for informational purposes only and does not constitute investment advice.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for SD 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 Stader (SD) is $0.100085. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SD to USD rate at the top of BTCC’s price page. In terms of market scope, Stader records a 24h trading volume of $1.771291M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $7.622665M. Its current circulating supply stands at 75.81M out of a maximum supply cap of 120M.
The price volatility of Stader (SD) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (75.81M) to max supply (120M), 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, Stader (SD) hit an all-time high (ATH) of $9.392009 on 2022-04-06 00:30, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.091943 on 2026-08-18 07:45. 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 SD 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 ($1.771291M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s SDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Stader, simply log into your BTCC account with USDT margin available, navigate to the SDUSDT 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 SDUSDT 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: $0.100085), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SDUSDT with zero financial risk.
Trading Stader (SD) 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 SDUSDT, and review its live price ($0.100085) 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.