Is Stakee Safe?
Risk Grade: B (27/100)
Stakee is rated as moderate risk — some novel mechanisms, generally well-understood.
Moderate risk — built on audited TON Foundation contracts with a standard liquid staking model, but limited differentiation and sparse documentation reduce confidence.
Stakee is a liquid staking service on the TON blockchain that lets you stake TON coins and receive STAKED tokens in return. It uses the official TON Foundation liquid staking smart contracts, which have been audited and manage over $200M across all TON staking providers. With $13M TVL, Stakee is one of several TON liquid staking options competing on yield and user experience.
TVL
$27M
Mechanisms
5
Interactions
4
Value Grade
D-
Key Risks for Stakee Users
Stakee relies on shared TON Foundation liquid staking contracts — a vulnerability in these contracts would affect all TON liquid staking protocols simultaneously
Limited public documentation about Stakee's specific validator selection criteria and operational practices makes it hard to assess protocol-specific risks
The STAKED token has limited DeFi utility compared to more established LSTs, meaning secondary market liquidity may be thin during stress events
Top Risk Factors
- •Stakee is a frontend wrapper around TON Foundation liquid staking contracts — protocol-specific risk assessment is limited by the thin operational layer
- •TON liquid staking contracts manage over $200M in aggregate, but Stakee's specific validator selection and operational practices are not publicly documented
- •Limited documentation beyond basic staking guides makes it difficult to assess Stakee-specific operational risks vs generic TON staking risks
How Stakee Compares to Peers
Stakee ranks #21 of 86 Liquid Staking protocols (top quartile — safer than most). At a risk score of 27/100, it's 5 points safer than the sector average of 32/100.
Adjacent peers: Thala LSD (B, 26/100) is ranked just safer, and BlazeStake (B, 27/100) is ranked just riskier.
See the full Liquid Staking sector leaderboard or the Stakee vs BlazeStake comparison.
Common Questions about Stakee
Plain-English answers based on Stakee's scores across Hindenrank's 8 risk dimensions. The highest-scoring (riskiest) dimension is Track Record (9/15).
Has Stakee ever been hacked or exploited?
Stakee has had some operational issues or moderate incidents in its history. The track record dimension scored 9/15 — not catastrophic, but enough to flag. Look at the specific events and whether they were addressed by the team before drawing conclusions.
How much money is at stake in Stakee?
Stakee currently holds roughly $27M in user deposits. Smaller TVL means individual depositors carry a larger share of any loss event, and it can be harder to exit a position quickly during stress.
What's the worst-case scenario for Stakee?
Hindenrank has identified specific collapse scenarios for Stakee. The most prominent: "TON Liquid Staking Contract Vulnerability". The trigger condition is A critical vulnerability is discovered in the TON Foundation liquid staking smart contracts that Stakee relies on. Reading through the full scenario list on the protocol page is the single best way to understand the actual failure modes — generic "smart contract risk" is rarely the thing that takes a protocol down.
Is Stakee regulated or insured?
Stakee has low regulatory exposure on Hindenrank's framework (3/10). The protocol is structured in a way that minimizes counterparty and jurisdiction concentration, though regulatory risk in crypto can change rapidly. No DeFi protocol carries FDIC-style insurance — even with low regulatory risk, depositors are not protected in the way bank customers are.
What are the biggest red flags for Stakee?
Hindenrank's retail-focused risk audit flagged: Stakee relies on shared TON Foundation liquid staking contracts — a vulnerability in these contracts would affect all TON liquid staking protocols simultaneously Limited public documentation about Stakee's specific validator selection criteria and operational practices makes it hard to assess protocol-specific risks The STAKED token has limited DeFi utility compared to more established LSTs, meaning secondary market liquidity may be thin during stress events
Should beginners deposit into Stakee?
Stakee is rated B, which is acceptable for users who understand the protocol's mechanism. Beginners should read the full risk breakdown and only deposit after they can articulate the top three failure modes. If you cannot explain how the protocol works, do not deposit.
How does Stakee compare to safer Liquid Staking alternatives?
Stakee is one protocol in Hindenrank's Liquid Staking coverage. The safest Liquid Staking protocols on the leaderboard tend to share three traits: a long incident-free track record, conservative mechanism design, and high-quality public documentation. Compare Stakee against the full Liquid Staking ranking before committing capital.
For the full 8-dimension score breakdown, the radar chart, and dependency graph, see the Stakee risk report.
Read the Full Stakee Risk Report
This protocol has 2 collapse scenarios. 1 high-severity interaction risks identified. See the full mechanism classification, interaction matrix, and deep-dive recommendations.
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