HermesLaunch app
Liquid staking · SOL

dSOL APY today

Drift's liquid staking token. Swap SOL for dSOL and it earns staking rewards in your own wallet.

Launch appCompare SOL routes
  • Beta: up to 10 SOL per deposit
  • No Hermes fee today
  • You sign in your own wallet
APY today
4.90%
5th of 12 SOL routes by APY
Safety Score
47 / 100
Below Top rated (80+)
Deposited
$279M
in Drift
Exit cost
0.11%
lost selling back to SOL today

Read 27 Oct 2026, 05:06 UTC · APY over the last 2 epochs and deposits from the chain · refreshed every minute

Safety Score

Why dSOL scores 47

47 of 100 from live data. Top rated needs 80 or more, so Hermes shows it under All routes.

Four parts from live data, 25 points each, then deductions for validator spread and incidents. It does not cover smart contract bugs or a sudden depeg.

How the score works
DriftdSOL · Liquid staking47/ 100
  • Size18/25$279M deposited. Source: On-chain.
  • Track record14/25Deposits tracked since Aug 2024. Source: DefiLlama's first record.
  • Outflows25/25Deposits fell at most 2% in the last 30 days, counted in SOL. Source: DefiLlama.
  • Exit25/25Selling 10,000 dSOL for SOL returns 0.13% less than its value in its stake pool. Source: Jupiter, on chain.
  • Validator spread−10All the stake sits with one validator. If it goes down, rewards pause until it is back. Source: the stake pool on chain.
  • Incident−25Drift Trade (Drift's team), Apr 2026: $295M taken through proxy upgrade hijack. Not returned. Source: DefiLlama's hacks list.

Live from the Hermes API. Each part names what it measured and its source.

How it works

What it is
You swap SOL for dSOL. It stays in your wallet, and each dSOL is worth a little more SOL every few days.
Yield from
Solana's staking rewards, paid to the validators the protocol stakes with.
Getting out
Swap back to SOL at the market price any time.

What can go wrong

Drift Trade (Drift's team), Apr 2026: $295M taken through proxy upgrade hijack. Not returned. dSOL can trade below its SOL value for a while, and a bug in Drift's program could lose funds. You can swap back to SOL at the market price at any time.

The Safety Score weighs what live data can show, and alerts tell you when this route changes. Neither removes the risk. Start small.

Risks in Docs
12 SOL routes

Every SOL route, live

Sorted by Safety Score, then APY, the way Hermes opens. The diamond marks Top rated.

Routes for every token

Questions

dSOL, plainly

Every number here is live. More in Docs.

4.90% as of 27 Oct 2026, 05:06 UTC, from the chain, measured over the last 2 epochs. It moves as Solana's staking rewards change from one epoch to the next. It is today's rate, not a promise of what you will earn.