//Bonk Staked SOL
B

Bonk Staked SOL

Risk Score 23/100·D-Value
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$17MTVL·$16MFDV·Liquid StakingWebsite →

Low risk — simple liquid staking on a proven chain, but single-validator concentration is the key concern for an otherwise standard product.

Risk Breakdown

Top Risks

1

Single-validator dependency: bonkSOL stakes to the BONK validator, concentrating slashing and downtime risk on a single operator rather than distributing across multiple validators

2

Community-driven validator: BONK validator is operated by a memecoin community partnership with DeFi Development Corp, which may not have the same operational rigor as dedicated staking infrastructure providers

3

Limited documentation: bonkSOL lacks comprehensive protocol documentation compared to larger LST providers like Marinade or Jito

4

Exchange rate risk: as a reward-bearing LST, bonkSOL value depends on validator performance; poor attestation rates or penalties directly reduce the token's exchange rate

Frequently Asked Questions

Is Bonk Staked SOL safe to use?
Bonk Staked SOL receives a B risk grade (23/100) from Hindenrank, where lower scores indicate lower risk. Low risk — simple liquid staking on a proven chain, but single-validator concentration is the key concern for an otherwise standard product. Bonk Staked SOL (bonkSOL) is a Solana liquid staking token that delegates your SOL to the BONK community validator. Created through Sanctum infrastructure, it lets you earn staking rewards while keeping your SOL liquid for use in Solana DeFi. With $19M staked, it is a community-driven LST backed by a partnership between the BONK memecoin community and DeFi Development Corp.
What are the main risks of using Bonk Staked SOL?
The key risks identified for Bonk Staked SOL are: (1) Single validator concentration: Unlike diversified liquid staking protocols that spread your stake across many validators, bonkSOL puts everything on one validator. If that validator has problems, all your staking rewards are affected. (2) Community-operated: The BONK validator is run by a memecoin community partnership, which may not have the same level of operational expertise and infrastructure redundancy as professional staking companies. (3) Limited differentiation: bonkSOL offers the same basic Solana staking yield as dozens of other LSTs. Its main appeal is community alignment rather than superior risk-adjusted returns.
What is Bonk Staked SOL's risk score breakdown?
Bonk Staked SOL scores 23/100 across eight risk dimensions: Mechanism Novelty: 0/15, Interaction Severity: 3/20, Oracle Surface: 0/10, Documentation Gaps: 4/10, Track Record: 3/15, Scale Exposure: 3/10, Regulatory Risk: 3/10, Vitality Risk: 7/10. The highest risk area is Vitality Risk at 7/10.
How does Bonk Staked SOL compare to other Liquid Staking protocols?
Among 83 rated Liquid Staking protocols on Hindenrank, Bonk Staked SOL ranks #4 by safety (lowest risk score = safest). Its 23/100 risk score and B grade place it among the safer Liquid Staking protocols.
Has Bonk Staked SOL ever been hacked or exploited?
Bonk Staked SOL scores 3/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.
Last scanned 2026-02-23

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