OnStaking Updates Staking Rankings: Veterans Hold Strong, Rising Stars Break Through – October 2023
October 2023

In a dynamic and fast-evolving crypto landscape, staking continues to be a pillar of passive income and blockchain security. This October, OnStaking, a leading voice in staking analytics, has released its latest Staking Platform Rankings, offering fresh insights into the platforms dominating the space—and the promising newcomers shaking things up.

Stability Meets Innovation

According to the new rankings, established platforms remain rock-solid, delivering consistent performance, strong security, and high user satisfaction. However, what stands out this month is the emergence of innovative new platforms that are rapidly gaining traction with competitive yields and bold, user-centric features.

“This month’s ranking tells two stories,” said an OnStaking spokesperson. “One is about the resilience and reliability of seasoned platforms. The other is about the energy and innovation being brought in by newcomers. It’s a healthy sign for the staking ecosystem.”

October 2023 Top 5 Staking Platforms

The rankings combine multiple metrics, including annual percentage yields (APY), platform security, transparency, community feedback, and ease of use. Here are this month’s top performers:

1. Lido Finance – The long-time leader in Ethereum liquid staking holds strong with its decentralized model and competitive returns.

2. Binance Staking – A consistent top-tier player offering a broad range of staking products backed by deep liquidity and global reach.

3. Rocket Pool – Quickly rising in reputation for its decentralized ETH staking services and community-driven mission.

4. Stride Protocol (New Entrant) – This Cosmos-based liquid staking project makes a strong debut with intuitive design and cross-chain functionality.

5. Swell Network (New Entrant) – A fresh and promising player in the Ethereum ecosystem, Swell offers innovative liquid staking solutions with attractive yields.

Why This Matters

The entry of new platforms like Stride and Swell shows that the staking space is far from stagnant. Rather, it’s evolving—bringing in better tech, more decentralization, and user-friendly solutions that compete with the giants.

Meanwhile, trusted veterans like Lido, Binance, and Rocket Pool continue to raise the bar in terms of reliability and performance, offering users peace of mind and consistent returns.

A Win for Users

Whether you’re a cautious investor who prefers time-tested platforms or a yield chaser eager to explore the next big thing, October’s rankings have something for everyone.

“Users now have more options than ever,” OnStaking noted in its report. “And with more platforms innovating responsibly, the staking environment is getting richer, more competitive, and ultimately more rewarding.”

Looking Ahead

As we head deeper into Q4, OnStaking expects continued growth in liquid staking, multi-chain support, and decentralized validator services. For users, that means more flexibility, better rewards, and stronger platform diversity—all while keeping security top of mind.