Overview

Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost. In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate on Binance SOL Staking, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.

This overview is imported from market-data provider metadata. Project claims should be checked against the linked documentation and on-chain evidence.

Identity

• Name: Binance Staked SOL
• Symbol: BNSOL
• Provider-listed chain: solana

Names and ticker symbols are not unique. Match the network and contract address against the project's documentation and a block explorer before identifying a token.

Sources and further reading

• Project website (provider-listed)
• Block explorer 1
• Block explorer 2
• Block explorer 3
• CoinGecko identity and metadata

A provider listing establishes how the asset is catalogued; it does not independently verify project claims or endorse the asset.