JitoSOL vs mSOL vs bSOL vs BulkSOL: Which Solana LST Earns More in 2026?
All four major Solana LSTs earn base staking yield (~7% APY) and MEV tips. Only BulkSOL earns a third stream: 12.5% of all BULK Exchange trading fees, scaling with trading volume post-mainnet. JitoSOL leads on liquidity and DeFi integrations. This comparison covers yield, risk profile, and who should hold each.
TL;DR
The four major Solana LSTs in 2026: JitoSOL (largest TVL, MEV-optimized), mSOL (Marinade Finance, decentralized validator set), bSOL (BlazeStake pool), and BulkSOL (BULK Exchange, earns 12.5% of all exchange taker fees). All four earn base staking yield (~7–9.5% APY). Post-mainnet, BulkSOL's exchange fee revenue is the primary yield differentiator. Pre-mainnet, BulkSOL holders earn weekly AURA in Season 1.
The four major Solana LSTs in 2026 are JitoSOL, mSOL, bSOL, and BulkSOL — all earn base staking yield (~7% APY) plus MEV tips, but only BulkSOL earns a third stream: 12.5% of all BULK Exchange trading fees, which activates at mainnet and scales with trading volume.
You swap SOL for an LST, the LST accrues value as your SOL earns staking rewards, and you can use it as collateral, in liquidity pools, or as a yield-bearing asset. The four LSTs differ significantly on risk profile, DeFi integrations, liquidity depth, and additional yield sources.
This guide compares all four with documented numbers.
What Is Liquid Staking?
Standard Solana staking locks your SOL with a validator for a staking epoch (~2–3 days per epoch). You earn staking rewards but cannot use the SOL while it is staked. Unstaking takes at least one epoch.
Liquid staking solves this by issuing you an LST in exchange for your SOL. The LST:
- Accrues staking rewards continuously (its value vs SOL increases over time)
- Can be transferred, sold, or used in DeFi at any time
- Can be redeemed for SOL (with possible unstaking queue time)
The LST/SOL exchange rate increases over time as rewards accumulate. Holding 1 BulkSOL today will be worth more SOL in one year than it is today.
The Four Major Solana LSTs
JitoSOL (Jito Labs)
What it is: The largest Solana LST by TVL, operated by Jito Labs. Jito is the dominant MEV infrastructure provider on Solana — their block engine processes the majority of Solana MEV. JitoSOL stakers capture a share of this MEV revenue on top of base staking yield.
Yield sources:
- Base Solana staking (~7% APY)
- MEV tip revenue from Jito’s block engine (~1–2% additional APY)
Total APY (May 2026): ~8–9% APY
DeFi integrations: Extremely deep. Accepted as collateral on Marginfi, Kamino, Drift, Orca, Raydium, and dozens of other Solana protocols. The most liquid LST on Solana.
Risk profile: Low. Jito Labs has a multi-year track record. JitoSOL has the deepest secondary liquidity of any Solana LST. Smart contract audits are public.
Best for: Solana DeFi power users who want the safest, most integrable LST with near-universal protocol acceptance.
mSOL (Marinade Finance)
What it is: Marinade Finance is one of the oldest Solana liquid staking protocols. mSOL uses a delegated stake pool approach, distributing stake across a large validator set based on performance metrics. This promotes Solana validator decentralization.
Yield sources:
- Base Solana staking (~7% APY)
- MEV from validators in the Marinade pool
Total APY (May 2026): ~7.5–8.5% APY (source: Marinade Finance public dashboard, May 2026)
DeFi integrations: Wide. Accepted on Kamino, Marginfi, and most major Solana lending protocols. Less universal than JitoSOL but strong coverage.
Risk profile: Low-Medium. Established protocol with multiple years of operation. Slightly lower liquidity than JitoSOL.
Best for: Users who prioritize validator decentralization and want a reliable, established LST with strong DeFi support.
bSOL (BlazeStake)
What it is: BlazeStake is a stake pool that delegates to high-performance validators. It also participates in Solana’s stake program for additional rewards.
Yield sources:
- Base Solana staking (~7% APY)
- BlazeStake stake program rewards
Total APY (May 2026): ~8–8.5% APY (source: BlazeStake public dashboard, May 2026)
DeFi integrations: Moderate. Accepted on some major Solana protocols but narrower coverage than JitoSOL or mSOL.
Risk profile: Medium. Smaller TVL than JitoSOL or mSOL, which means less secondary market liquidity.
Best for: Users seeking reliable yield with an established protocol and moderate DeFi access.
BulkSOL (BULK Exchange)
What it is: BULK Exchange’s native liquid staking token, launched October 29, 2025 on Sanctum. BulkSOL holders stake with BULK validators, who run both the Solana validator and the bulk-agave execution client. The key differentiator: 12.5% of all BULK Exchange trading fees distribute to BulkSOL holders.
Yield sources:
- Base Solana staking (~7% APY)
- MEV tips from Solana block production (~1.5–2.5% additional APY)
- 12.5% of all BULK Exchange trading fees (activates at mainnet TBA)
- Aura points (BULK token pre-TGE allocation — value unquantifiable in APY terms)
Total APY pre-mainnet (May 2026): ~8.5–9.5% APY (streams 1–2 only)
Total APY post-mainnet projection ($100M daily BULK volume, $20M TVL): ~15–16.5% APY (streams 1–3)
DeFi integrations: Growing. Exponent Finance (lending/yield), Loopscale (SOL borrowing against BulkSOL), Titan Exchange (swaps), Sanctum (listed as LST).
Risk profile: Higher than alternatives. BULK Exchange is a newer protocol (mainnet June 2026). Smart contract risk is elevated for pre/early-mainnet software. Lower secondary market liquidity creates exit risk on large positions.
Best for: Users with higher risk tolerance who want exposure to BULK Exchange’s growth, the exchange fee revenue stream, and the pre-TGE Aura points allocation.
Side-by-Side Comparison
| Feature | JitoSOL | mSOL | bSOL | BulkSOL |
|---|---|---|---|---|
| Current APY | ~8–9% | ~7.5–8.5% | ~8–8.5% | ~8.5–9.5% |
| Post-mainnet APY potential | ~8–9% | ~7.5–8.5% | ~8–8.5% | ~15–16.5%* |
| Exchange fee revenue | No | No | No | Yes (12.5%) |
| Airdrop exposure | No | No | No | Yes (Aura points) |
| DeFi integrations | Very deep | Deep | Moderate | Growing |
| Secondary liquidity | Very high | High | Medium | Low-Medium |
| Protocol track record | 2+ years | 3+ years | 2+ years | ~7 months |
| Smart contract risk | Low | Low | Low-Medium | Medium-High |
| Mainnet required for full yield | No | No | No | Yes |
*Projection at $100M daily BULK volume and $20M BulkSOL TVL. Actual yield depends on realized volume.
How to Choose
If your priority is safety and liquidity: JitoSOL. Deepest market, widest DeFi access, lowest risk, strong yield from MEV.
If your priority is decentralization: mSOL. Marinade distributes stake across 100+ validators based on performance, supporting a more distributed Solana validator set.
If your priority is maximum yield upside (and you accept higher risk): BulkSOL. The exchange fee stream and Aura points are not available from any other LST. The risk is real — BULK Exchange is a newer protocol — but the upside is asymmetric if BULK Exchange captures significant trading volume.
A blended approach: Hold most of your staking position in JitoSOL (safe, liquid, DeFi-usable) and allocate a portion to BulkSOL for the upside exposure without concentration risk.
How to Get Each LST
| LST | Primary Acquisition |
|---|---|
| JitoSOL | Jito.network or any Solana DEX aggregator |
| mSOL | Marinade.finance |
| bSOL | Stake.solblaze.org |
| BulkSOL | Titan Exchange via early.bulk.trade, or Sanctum |
All four can be swapped via Jupiter Aggregator once you hold SOL.
Frequently Asked Questions
Can I lose money holding a Solana LST? Yes. All LSTs carry smart contract risk — a protocol exploit could result in loss of funds. Additionally, if you hold BulkSOL and sell at low liquidity, you may receive less SOL than the accrued value implies. Staking rewards do not protect against smart contract failure.
Do I need to lock up my SOL with an LST? No. LSTs are tradeable immediately. You can swap BulkSOL → SOL at any time on Titan or Sanctum, though large amounts may face slippage in thin markets.
Are Solana staking rewards taxable? In most jurisdictions, staking rewards are taxable as income when received. LST appreciation may also be taxable as capital gains when you sell. Consult a tax professional in your jurisdiction.
Back to cluster hub: What is BulkSOL?
Also in this cluster:
- BulkSOL Yield: The Four Streams — APY projections at different BULK Exchange volume levels
- BulkSOL vs JitoSOL: Which Earns More? — yield comparison, risk profile, who should hold each
- BulkSOL Ecosystem Strategy — Titan + Exponent + Loopscale combined
- How to Get BulkSOL — step-by-step swap on Titan Exchange
- BulkSOL AURA Guide — how BulkSOL holders earn Season 1 points
Related: What Are Perpetual Futures? · MEV in Perpetuals · BULK Validators
Season 1 is live: BULK Season 1 AURA Guide — BulkSOL holders earn AURA every Saturday
→ Browse the full BULK Exchange glossary
APY figures are estimates based on network conditions in May 2026. Actual yield varies. Last updated June 1, 2026.
BulkSOL holders earn AURA every Saturday in Season 1 — on top of staking yield, MEV, and the 12.5% exchange fee share. Get BulkSOL on Titan Exchange and pre-deposit USDC alongside it to stack both AURA vectors simultaneously.
Don't miss Saturday's allocation.
1M AURA distributed every Saturday at 13:00 UTC — formula is USDC × time held. Deposits are withdrawable anytime.
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