Phantom Wallet Launches Native Liquid Staking Product PSOL to Enhance Solana's Liquidity

Phantom Wallet, the most widely used non-custodial wallet on the Solana blockchain, has launched a native liquid staking product

Phantom Wallet, the most widely used non-custodial wallet on the Solana (SOL) blockchain, has launched a native liquid staking product called Phantom Staked SOL (PSOL). The launch allows users to directly stake their SOL tokens via the Phantom interface and receive a liquid token in return.

Phantom Staked SOL: A Tokenized Representation of Staked SOL

PSOL is a tokenized representation of staked SOL that continues to earn staking rewards but remains available for use across the decentralized finance (DeFi) ecosystem. This integration aims to simplify the staking experience for users and provide them with greater flexibility to engage in other DeFi activities.

The introduction of PSOL comes as liquid staking is rapidly increasing in popularity, especially on proof-of-stake networks. Traditional staking usually involves locking up tokens for extended periods, which can limit an individual’s ability to participate actively in DeFi. Phantom’s solution eliminates this limitation by enabling users to deploy their capital in various ways while still reaping the benefits of staking yield.

Simplified Staking Experience With Flexible Redemption

To access the liquid staking feature, users can navigate to the SOL asset tab in their Phantom wallet and click “Start earning SOL.” After selecting the liquid staking option, they can enter the desired amount and initiate the transaction. The wallet will immediately issue PSOL tokens, which will accrue rewards over time and increase in value relative to SOL.

Unstaking can be performed either through a delayed unstake method, which typically takes two to three days, or instantly by swapping PSOL back to SOL using Phantom’s built-in token swap functionality. This flexibility is designed to appeal to both casual users who prefer a simpler experience and advanced DeFi participants who value diverse capital utilization.

Driving Liquidity and Engagement Across the Solana Ecosystem

The launch of Phantom Staged SOL positions Phantom not only as a wallet provider but also as a core component of the Solana DeFi ecosystem. By integrating liquid staking directly into the platform, Phantom is contributing to a more dynamic and liquid staking environment on Solana.

This move is expected to drive higher staking participation among users, as well as expand the use of SOL-based assets in trading, lending, and yield farming protocols. Liquid staking tokens like Phantom Staked SOL are emerging as key primitives in DeFi, offering a way for users to maximize capital efficiency without compromising network security.

As one of the earliest and most trusted interfaces in the Solana ecosystem, Phantom’s entry into this space could accelerate the adoption of liquid staking across the network. In the broader context, this development reflects a trend toward more composable and user-friendly staking solutions across Layer 1 blockchains.

For Solana specifically, where fast transaction speeds and low fees already support a thriving DeFi landscape, native liquid staking tools could significantly boost both user engagement and network decentralization.