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Polygon launches the native liquid staking token sPOL

By: rootdata|2026/04/15 09:42:01
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Polygon officially launched the native liquid staking token sPOL, aimed at enhancing the earnings of POL token stakers.

As Polygon's native liquid staking token, sPOL will unlock approximately 3.6 billion staked POL and provide stakers with priority trading fee sharing. Currently, only about 4% - 5% of POL is in a liquid state, and sPOL will improve the situation where idle capital cannot participate in DeFi earnings. Users can migrate their existing stakes to sPOL through the Polygon Staking Portal without waiting, and rewards will not be interrupted; new stakes will automatically receive sPOL.

The initial exchange ratio of sPOL is 1:1, increasing as staking rewards accumulate. sPOL supports liquidity provision, collateralization, and DeFi strategy yield stacking, and can be redeemed back to POL and accumulated rewards at any time. The first batch was launched by Polygon Labs and audited by ChainSecurity and Certora, with initial liquidity injected from the official fund pool. The official reminder states that sPOL carries risks of smart contract vulnerabilities, validator behavior penalties, and market volatility risks.

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