stakefish Product Recap 2024
Overview
We would like to share our company’s product recap for this interesting and exciting year in crypto. Stakefish has a rich history in the blockchain space. Operating since 2018, we have been dedicated to adding support for networks and improving the staking experience for our stakers. 2024 continued to build upon our commitment to provide the best staking service possible. This year, we expanded our product offering to include EigenLayer, Babylon Staking, Institution Staking API, and SUI.
Maximizing rewards
Our infrastructure team is always optimizing our validators to squeeze out more rewards for our users, while ensuring they run reliability. They are the heartbeat of the institution-grade staking users expect. While we actively operate and optimize over 20 networks, Ethereum and Solana's performance is worth highlighting for their technical challenges and impact on our stakers.
Ethereum
Our Rated Effectiveness Rating (RAVER), a composite metric of Node Operator performance, is among the top validator operators. Validator effectiveness directly leads to higher rewards from attestations, block producing, and sync committees.
Solana
Stakefish operates the Jito validator client to earn additional MEV rewards. We actively optimize the validator to achieve over 99% voting rate.
For more information on MEV rewards, see our post:
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EigenLayer
Last year, we began integrating EigenLayer with withdrawal credentials. This year we made EigenLayer restaking even easier through the integration of EigenLayer staking to our staking dashboard. B Now, when stakers wish to stake Ethereum and restake it through EigenLayer, our staking flow allows for the auto-creation of your EigenPod, a fully integrated EigenLayer with withdrawal in the Ethereum staking dashboard, and the ability to claim staking and AVS rewards directly from the stakefish dashboard.
To maximize your Eigenlayer rewards: Our infrastructure team added 15 Actively Validated Services (AVSs). All the AVSs are defaulted to restake.
See for yourself at https://stake.fish/dashboard
Babylon Staking (BTC)
Restaking also made big waves in the Bitcoin ecosystem. As of writing, over 57058 BTC ($5.56B) are restaked on Babylon. stakefish is among the world's leading staking providers offering Bitcoin staking from the first round. We shipped integrated Bitcoin staking on our dashboard so you can stake and manage your Babylon staked Bitcoin.
Learn more on our Babylon page.
Institution Staking API
We provide staking for major institutional partners like Lido and Mantle with custom API integrations. This year we streamlined our infrastructure and API for prospective partners.
Learn more on our product page.
SUI Staking
The Sui Network is a layer-1 blockchain focused on scalability and low-latency transactions, utilizing the Move programming language. It was developed by Mysten Labs, founded by former Meta engineers, including Evan Cheng, who worked on Meta’s Libra/Diem project. SUI Network is emerging as one of the strongest players when it comes to TVL, trading volume (surpassing all non-EVMs except for Solana), and transactions (consistent rank top list). The market cap rose from $1 billion to $12 billion since the beginning of 2024.
We have put together a guide to stake with 8 kinds of wallets.
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Conclusion
Every year, we continue to grow and enhance the product experience for staking. We can proudly say that we’re one of the few companies within the staking space building unique user-first experiences.
As we look ahead to 2025, stakefish remains steadfast in our commitment to decentralized innovation. We have more interesting projects planned for the year ahead. Join us on this bold journey.
