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About Bifrost
Analysis of 21 Dec 2025Bifrost is a Polkadot-based liquid staking protocol that dominates 81% of Polkadot's $90M+ liquid staking market. Users stake DOT, KSM, ETH and other assets to receive vTokens (liquid staking derivatives) that accrue staking rewards while remaining tradeable and usable in DeFi.
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With $99M TVL December 2025 and over 20 million vDOT minted, Bifrost has processed 2.9M+ transactions since launch. The protocol recently expanded cross-chain via Hyperbridge partnership, deploying vDOT and BNC to Optimism, Arbitrum, Base, and BNB Chain.
Trading at $0.09 with $4M market cap (rank #1396), Bifrost is implementing Tokenomics 2.0 with 100% protocol profit buybacks starting Q1 2025.
