Sanctum

What Sanctum does

Sanctum is a Singapore-based liquid staking infrastructure provider operating on the Solana blockchain, founded in 2021 and rebranded from its prior identity (Unstake It) in August 2023. The company builds the core plumbing that allows projects, validators, retail users, and institutions to stake SOL and obtain liquid staking tokens (LSTs), and its flagship product Infinity is a multi-LST liquidity pool capable of pricing and swapping between any LSTs based on underlying SOL stake-account content rather than traditional AMM invariants. Sanctum's product surface spans the Sanctum Web and mobile apps for retail yield (up to ~8% APY), a white-label Staking-as-a-Service that lets partners (Jupiter, Bybit, Crypto.com, Drift, Forward Industries, MoonPay, Nansen, Pudgy Penguins, Bonk, DeFi Dev Corp, and others) launch custom-branded LSTs, the Sanctum Reserve pool that provides instant unstaking for all Solana LSTs, and the Gateway transaction delivery infrastructure acquired and extended through the July 2025 acquisition of Ironforge, a Web3 DevOps platform handling roughly 300 million requests daily.

Sanctum's business model combines transaction-based fees (a dynamic 0.01%-3% fee on unstaking sized by reserve pool utilization, plus a flat 0.01% fee on LST-to-LST swaps), recurring revenue-share from white-label Staking-as-a-Service partners, and usage-based revenue from Gateway transaction delivery and Ironforge infrastructure services. Distribution is hybrid: a product-led self-serve web and mobile app for retail, direct enterprise sales for Staking-as-a-Service partners, and full integration into Jupiter Exchange's routing engine and major Solana wallets for embedded access.

At scale, Sanctum reports 1,361+ LSTs on its platform, ~13.1 million SOL locked (an all-time high reached after Forward Industries' fwdSOL launch in late 2025), stewardship of approximately 2.5% of all SOL in circulation, $75M+ in cumulative LST-SOL swap volume, and more than 1 million SOL processed through instant unstaking. The company is private, has raised $6.1 million in cumulative seed funding (April 2024 seed extension led by Dragonfly, with Sequoia, Jump Capital, CMS Holdings, and others), and operates a CLOUD governance token using a futarchy model.

Name

Sanctum

Legal name

Sanctum

Website

https://sanctum.so

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Sanctum is a Solana-based liquid staking infrastructure provider offering white-label LST launching, multi-LST liquidity pools, instant unstaking, and transaction delivery services to crypto projects, validators, retail SOL holders, and institutional treasuries.

Ownership category

akta.pro rank

Product category

Liquid Staking Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Liquid Staking Protocols & Liquid Staking Tokens (LST) (FSADAOAL)

akta.pro secondary industries

Liquid Staking & Restaking Protocols (FSADAMAE), Staking-as-a-Service Platforms (Non-Custodial) (FSADAHAF)

Keywords

• Liquid staking infrastructure
• Solana staking protocol
• Liquid staking tokens
• Transaction delivery aggregator
• White-label staking services

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Transaction Fees on Unstaking: Dynamic fee structure ranging from 0.01% to 3% based on the percentage of SOL taken from the reserve pool. Lower fees for smaller retail users, higher fees during periods of heavy utilization to ensure efficient reserve usage.
2. LST-to-LST Swap Fees: 0.01% fee charged on swapping from one LST to another through the Infinity pool or Sanctum infrastructure.
3. Staking-as-a-Service Revenue Share: Partners launching custom LSTs through Sanctum's white-label infrastructure generate revenue that is shared with Sanctum. The company reports over $5M in partner revenue through this model with partners like Jupiter, Bybit, Drift, and others.
4. Gateway Transaction Delivery: Transaction delivery infrastructure service for Solana developers and protocols, providing optimization, reliability and observability for transaction landing.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

Sanctum provides liquid staking infrastructure on the Solana blockchain, enabling users to stake SOL and earn yield (up to ~8% APY), swap between any liquid staking token (LST) via the Infinity multi-LST pool, and instantly unstake through a unified SOL reserve. For enterprises, Sanctum offers white-label Staking-as-a-Service so projects and exchanges (Jupiter, Bybit, Crypto.com, Drift, MoonPay, Nansen, Forward Industries, etc.) can launch their own branded LSTs and validators with shared liquidity. The platform also provides the Gateway transaction delivery aggregator for developers and Ironforge Web3 DevOps infrastructure acquired in July 2025.

Product overview

Sanctum is Solana's leading liquid staking infrastructure provider operating a platform-plus-modules architecture. The core products include the Sanctum App (mobile application for retail users to earn yield on SOL) and Sanctum Web (web interface for LST management). The module offerings include Staking-as-a-Service (white-label validator and custom LST solutions for partners like Jupiter, Bybit, Drift, and others), Gateway (transaction delivery infrastructure for developers), and Ironforge (acquired Web3 DevOps platform handling 300M+ daily requests). The ecosystem includes Infinity (INF), a multi-LST liquidity pool enabling swaps between all liquid staking tokens, and CLOUD, the governance token powering futarchy-based decision making. Sanctum has grown to become Solana's largest LST platform with 1,361+ LSTs and over $1B TVL, having originally launched as Socean in 2021 before rebranding from Unstake It to Sanctum in 2023.

Differentiator

Problem solved

Functional benefit

Brands

• Infinity (INF): Sanctum's flagship LST-oriented product - a multi-LST liquidity pool enabling swaps between all LSTs on Solana.
• CLOUD
• Gateway
• Ironforge

Products and services

• Sanctum App Mobile application that lets individual SOL holders earn staking yield (up to ~8% APY) with daily reward accrual, automatic compounding, easy withdrawals, and gamified mechanics. Designed for retail crypto users who want a simple, consumer-grade experience on Solana.
• Sanctum Web Self-serve web application that lets users stake SOL, swap between LSTs, migrate stake positions, and unstake with instant liquidity through the Sanctum Reserve, providing access to the full Sanctum ecosystem via the browser.
• Staking-as-a-Service White-label infrastructure that lets Solana projects, exchanges, and Web3 companies launch their own branded liquid staking tokens and validators with shared liquidity, instant unstaking, and revenue share. Partners include Jupiter (jupSOL), Bybit (bbSOL), Crypto.com (cdcSOL), Drift (dSOL), MoonPay (mpSOL), Nansen (nxSOL), Pudgy Penguins (penguSOL), Bonk (bonkSOL), DeFi Dev Corp (dfdvSOL), and Forward Industries (fwdSOL); over $5M in partner revenue generated.
• Gateway Transaction delivery infrastructure (API) that gives Solana developers and protocols optimized, reliable transaction landing with real-time control, observability, and routing across Solana's delivery stack. Has delivered 350,000 transactions.
• Ironforge Complete Web3 DevOps platform (acquired July 2025) providing RPC nodes and indexing infrastructure for Solana developers, handling over 300M requests per day.
• Infinity (INF) Multi-LST SPL liquidity pool that enables swaps between all LSTs on Solana and is the only pool capable of supporting millions of LSTs natively by calculating fair prices based on SOL stake-account content. Depositors receive INF tokens that accrue staking rewards and trading fees; the v2 upgrade adds continuous slot-level yield and smoother APY.
• CLOUD Governance Token Community governance token for Sanctum that powers futarchy-based governance of the protocol, with Active Staking Rewards allocated to community participants.

Quantifiable outcome

• Total SOL locked reached all-time high of 13.1 million after Forward Industries launched fwdSOL powered by Sanctum infrastructure
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature6 records

Partnerships

13 partnerships are on record, tiered minor, core and major.

• RaikuminorStrategic or Co-development Partner · 4 June 2026Raiku launched rkuSOL LST through Sanctum's infrastructure.
• Forward IndustriescoreStrategic or Co-development Partner · 2 December 2025Forward Industries partnered with Sanctum to launch fwdSOL, a liquid staking token representing 25% of their 6.9 million SOL holdings. This partnership pushed Sanctum's total SOL locked to an all-time high of 13.1 million. Forward Industries describes itself as the world's largest Solana treasury.
• NansenmajorStrategic or Co-development Partner · 15 October 2025Nansen expanded their $1.8B staking operations to Solana with the launch of nxSOL through Sanctum, bringing institutional-grade analytics to their staking operations.
• Pudgy PenguinsmajorStrategic or Co-development Partner · 9 October 2025Pudgy Penguins launched penguSOL LST for their NFT community to participate in Solana staking rewards.
• FragmetricminorStrategic or Co-development Partner · 19 August 2025Fragmetric launched fSOL LST joining the Sanctosphere ecosystem.
• MoonPaymajorStrategic or Co-development Partner · 30 July 2025MoonPay launched mpSOL LST to enable liquid staking services for their user base through Sanctum's infrastructure.
• DeFi Dev CorpmajorStrategic or Co-development Partner · 28 May 2025Nasdaq-traded DeFi Development Corp launched dfdvSOL to enhance validator operations and treasury management, using Sanctum's infrastructure.
• BybitcoreStrategic or Co-development Partner · 5 September 2024Bybit launched bbSOL, the first exchange-backed Solana LST, through Sanctum's infrastructure. Bybit is a major cryptocurrency exchange with significant user base.
• Drift ProtocolmajorStrategic or Co-development Partner · 9 February 2024Drift Protocol launched dSOL, their liquid staking token, to enhance validator operations and treasury management through Sanctum's infrastructure.
• BonkmajorStrategic or Co-development Partner · 6 February 2024Bonk launched bonkSOL liquid staking token for their meme coin ecosystem participants to access staking rewards.
• JupitercoreStrategic or Co-development PartnerJupiter launched jupSOL, one of Solana's most successful LSTs, through Sanctum's Staking-as-a-Service infrastructure. Jupiter is one of the flagship partners enabling users to access liquid staking through their platform.
• Crypto.commajorStrategic or Co-development PartnerCrypto.com launched cdcSOL liquid staking token through Sanctum's white-label infrastructure, enabling their users to access Solana staking through their platform.
• Jupiter ExchangecoreChannel Partner/ Reseller/ DistributorJupiter Exchange fully integrated Sanctum into their routing engine, enabling users to stake, unstake, and swap LSTs through jup.ag with enhanced liquidity via Sanctum's SOL reserve pool.

Scale indicators10 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Marinade Finance: Marinade is Solana's other major liquid staking protocol offering native and delegated SOL staking with its mSOL token. It directly competes with Sanctum's core liquid staking product and the Infinity pool on Solana LST liquidity.
• Jito Labs: Jito operates the leading Solana LST (jitoSOL) augmented by MEV rewards, directly competing with Sanctum LSTs on yield and validator selection. It also operates the JitoSOL staking pool, overlapping with Sanctum's Staking-as-a-Service.
• BlazeStake: BlazeStake is a Solana-native liquid staking protocol offering bSOL, a large single-LST alternative to Sanctum's pooled liquidity model. It competes directly with Sanctum for SOL staking deposits and LST market share on Solana.
• Stride: Stride is a Cosmos-ecosystem liquid staking provider issuing stTokens across multiple Cosmos chains. It is comparable to Sanctum as a multi-asset liquid staking infrastructure provider with white-label-style offerings for partner chains.
• Everstake: Everstake is a multi-chain non-custodial staking provider offering validator infrastructure and staking-as-a-service products. It competes with Sanctum's SaaS white-label validator offering for institutional and protocol partners.

Broad incumbents

• Lido Finance: Lido is the dominant multi-chain liquid staking protocol (stETH on Ethereum, etc.) and the most established LST brand in crypto. While it does not directly serve Solana, it sets the competitive template and is the most relevant strategic comparable for Sanctum's LST-and-SaaS model.
• Figment: Figment is one of the largest institutional staking infrastructure providers across many PoS chains including Solana. It is comparable to Sanctum on institutional staking services, though Figment targets traditional institutions more directly than Sanctum's project partners.
• Coinbase Staking: Coinbase offers SOL staking and launched cbSOL, a centralized exchange-issued Solana LST. It is comparable to Sanctum as a Solana staking and LST provider, with broader reach but a custodial model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/sanctumso
• LinkedInlinkedin.com/company/sanctumlabs

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sanctum