> ## Documentation Index
> Fetch the complete documentation index at: https://docs.hubra.app/llms.txt
> Use this file to discover all available pages before exploring further.

# Liquid staking

> Mint raSOL for SOL staked with Hubra. Stake exposure, but transferable.

Liquid staking gives you the same validator-backed yield as native staking, but the position is wrapped in a token you can move, swap, lend, or use as collateral.

When you stake SOL through Hubra Liquid, you receive **raSOL**, Hubra's liquid staking token. Your raSOL balance stays fixed; the value of each raSOL grows as the underlying stake earns rewards.

<Info>
  Best when you want validator-backed SOL exposure but also need liquidity or composability across Solana DeFi.
</Info>

***

## How raSOL works

raSOL is a **value-accruing** receipt token. The supply is fixed at the moment of mint; appreciation lives in the redemption rate, not the balance.

### The exchange-rate model

When you stake, you receive raSOL at the current rate. Over time, as the underlying SOL earns staking rewards, the raSOL → SOL redemption rate climbs.

```
raSOL_balance × current_rate = your_underlying_SOL
```

You hold the same raSOL count, but each raSOL is worth more SOL over time. There is nothing to claim and nothing to compound manually.

### Mechanics

* raSOL is minted via [Sanctum](https://sanctum.so), the unified LST infrastructure on Solana.
* The underlying SOL is staked to the **Hubra validator** (vote identity `7K8DVxtNJGnMtUY1CQJT5jcs8sFGSZTDiG7kowvFpECh`).
* Validator rewards flow into the raSOL exchange rate at every epoch boundary.

raSOL mint address: `HUBsveNpjo5pWqNkH57QzxjQASdTVXcSK7bVKTSZtcSX`. Verify on [Solscan](https://solscan.io/token/HUBsveNpjo5pWqNkH57QzxjQASdTVXcSK7bVKTSZtcSX).

***

## Why liquid

Native staking locks the position; liquid staking does not. With raSOL you can:

* **Swap or sell** at any time on any Solana DEX (Jupiter, Orca, Meteora, Raydium, Titan).
* **Use as collateral** on Kamino, Save, Loopscale.
* **Provide liquidity** in raSOL pairs.
* **Move it** between wallets and accounts as a normal SPL token.

You keep validator-backed exposure even while raSOL is sitting in a lending market or LP.

<Tip>
  raSOL is a Sanctum preferred-partner LST. That means deeper pooled liquidity for swaps, instant unstake routes, and LST-to-LST conversions.
</Tip>

***

## Comparing native and liquid

|                         | Native                               | Liquid (raSOL)                       |
| ----------------------- | ------------------------------------ | ------------------------------------ |
| Custody                 | Wallet                               | Wallet (raSOL is in the wallet)      |
| Smart-contract exposure | None                                 | Sanctum                              |
| Transferable            | No                                   | Yes (SPL token)                      |
| Use in DeFi             | No                                   | Yes                                  |
| Activation delay        | \~2 to 3 days                        | Instant (you receive raSOL on stake) |
| Slow exit               | \~2 to 3 days, no fee                | \~2 to 3 days, no Hubra fee          |
| Fast exit               | Sanctum `depositStake`, price impact | Sanctum swap, price impact           |

Both routes back the same validator. The choice is about whether you need composability.

***

## Where the yield comes from

raSOL's APY is entirely Solana validator rewards. There is no second yield layer, no DeFi farming, no automated strategy.

```
raSOL_yield = validator_staking_rewards − pool_overhead
```

The number you see in the app is what the underlying stake account earns, surfaced as a redemption-rate climb. Live APY: [`GET /api/v1/strategies/sol-liquid-stake`](/developer/endpoints/get-strategy).

***

## Exiting

Three paths:

### Instant (one transaction)

raSOL → SOL via Sanctum's pooled LST liquidity. Settles in a block. Pays price impact only; Hubra charges no protocol fee.

### Slow (epoch-bounded, no fee)

Sanctum's `withdrawStake` converts your raSOL into a native stake account. Then standard `StakeProgram.deactivate` runs the epoch cooldown. About 2 to 3 days total, no fee.

### Sell on a DEX

raSOL is a standard SPL token. Swap it for SOL or any other token on any DEX you prefer. Treat it like any LST.

See [Instant unstake](/overview/instant-unstake) for the full breakdown of the fast path.

***

## Risks

Liquid staking adds a layer of complexity over native. Know the trade-offs:

* **Smart-contract risk.** raSOL is minted via Sanctum infrastructure. Sanctum is one of Solana's most heavily used LST routers, but any contract can have bugs.
* **Validator risk.** raSOL backs SOL staked to the Hubra validator. Validator downtime or underperformance lowers rewards. Hubra has a public uptime record since 2020.
* **Temporary depeg.** In stressed markets, raSOL might trade below its fair SOL value on DEXs. This is normally short-lived. Instant unstake redeems at the true exchange rate even when the secondary market wobbles.
* **Liquidity risk for instant unstake.** Pool depth determines price impact. Very large unstakes (1000+ SOL) may incur material slippage. Quote first via [`POST /api/v1/quote`](/developer/endpoints/quote).

***

## Common questions

<AccordionGroup>
  <Accordion title="Why doesn't my raSOL balance go up?">
    raSOL is non-rebasing. Your balance stays fixed, the redemption rate climbs. Multiply your balance by the current rate to see the SOL value.
  </Accordion>

  <Accordion title="Is there a minimum stake?">
    No. Stake any amount of SOL.
  </Accordion>

  <Accordion title="Do I need SOL for gas?">
    No. Hubra covers all network fees on the staking and unstaking flows.
  </Accordion>

  <Accordion title="Can I use raSOL outside of Hubra?">
    Yes. raSOL is a standard SPL token. Use it on Kamino, Save, Loopscale, Jupiter, or any DEX.
  </Accordion>

  <Accordion title="What if Hubra shuts down?">
    raSOL lives in your wallet. You own it regardless of whether Hubra is online. Swap on DEXs or use Sanctum directly to unstake.
  </Accordion>

  <Accordion title="How is raSOL different from JitoSOL or mSOL?">
    Same primitive (Solana liquid staking token), different validator backing. raSOL stakes to Hubra's validator; JitoSOL and mSOL stake to a delegation strategy across many validators. raSOL also runs entirely on Sanctum's preferred-partner liquidity layer.
  </Accordion>
</AccordionGroup>

***

## Get started

<Card title="Mint raSOL" icon="droplet" href="https://hubra.app/s">
  Open the app, connect a wallet, choose Liquid.
</Card>

For programmatic flows, see [`POST /api/v1/stake`](/developer/endpoints/stake) with `strategy: "sol-liquid-stake"`.

For raSOL technical reference, see [raSOL token](/general/raSOL).