Sanctum Increases Solana TVL to 16.64 Million SOL

Sanctum has increased its total value locked (TVL) on Solana (SOL) to 16.64 million SOL in the second quarter of 2026, entering the top tier of Solana DeFi. This figure represents an 8.2% increase from 15.44 million SOL at the end of the previous quarter, marking the 11th consecutive quarter of growth. This amount is equivalent to approximately $1.28 billion (around 1.769 trillion KRW). However, during the same period, Sanctum's second-quarter revenue was $880,000 (approximately 12 billion KRW), a decrease of 39.7% compared to the previous quarter, with SOL-based revenue dropping by 1.1% to 11,287 SOL. Reports indicate that Sanctum's validator liquid staking token (LST) size has exceeded Jupiter (JUP) at approximately $1.66 billion (around 2.294 trillion KRW), but in the DeFiLlama Solana protocol ranking, Jupiter is reported at $1.737 billion (around 2.4005 trillion KRW), while Sanctum is listed at $1.66 billion. Sanctum currently lists its TVL at 16.97 million SOL and announced that it first reached the position of the second-largest protocol on Solana on June 18. Sanctum provides a liquid staking structure that allows users to maintain liquidity while staking SOL, functioning as an infrastructure that connects the liquidity of various LSTs.

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