Stader(SD)
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What is Stader?
Stader is a non-custodial smart contract-based staking platform that helps you conveniently discover and access staking solutions. We are building key staking middleware infra for multiple PoS networks for retail crypto users, exchanges, and custodians.
MATICX discontinuation announced
Stader Labs announced the discontinuation of MATICX, its Polygon liquid staking token, halting new deposits and fixing the MATICX:MATIC exchange rate during a June 12–19 contract upgrade, with redemption windows through 2029.
BNBx sunset announced and deposits disabled
Stader DAO announced it was sunsetting BNBx on BNB Chain to focus on higher-impact ecosystems, disabling new deposits on January 29, 2026 with a structured redemption window.
ETHx liquid staking launched on Ethereum mainnet
Stader launched ETHx, its permissionless liquid staking solution for Ethereum, on mainnet on July 10, 2023.
BNBX liquid staking launched on BNB Chain
Stader's BNB liquid staking (BNBX) went live on the BNB Chain in August 2022 alongside the chain's broader liquid staking rollout.
MATICX liquid staking live on Polygon mainnet
Stader's liquid staking for MATIC went live on the Polygon mainnet on May 2, 2022, 3 PM UTC, allowing users to mint MATICX.
HBARX liquid staking launched on Hedera
Stader launched the V1 of its HBAR liquid staking solution (HBARX) in the first week of April 2022, the first staking platform for HBAR.
SD token public sale on CoinList
Stader ran its SD token public sale on CoinList, becoming the first protocol on Terra to hold a token sale there; total supply was capped at 150,000,000 SD.
Raised $12.5M led by Three Arrows Capital
Stader completed a $12.5 million strategic private sale led by Three Arrows Capital (with Accel, Blockchain.com, and others), valuing the company at up to $450 million.
First smart contract launched on Terra
Stader's first smart contract went live on the Terra blockchain in November 2021, its initial network.
Raised $4M seed round led by Pantera Capital
Stader raised $4 million in seed funding led by Pantera Capital, with participation from Coinbase Ventures, True Ventures, Jump Capital, Ledgerprime, and others.
Stader Labs founded
Stader Labs was founded as a staking platform venture in Bangalore and Singapore by Sidhartha Doddipalli, Dheeraj Borra, and Amitej Gajjala.