StakeStone, an omnichain liquidity infrastructure protocol, has witnessed a sharp price surge following a highly anticipated token generation event (TGE) and a wave of listings across major crypto exchanges. The token, STO, has climbed 200% since its initial decentralized exchange (DEX) offering, now trading at $0.06, according to data from CryptoRank.io.
The rally was sparked by the Binance Wallet-hosted TGE, which took place earlier today from 08:00 AM to 08:30 AM UTC. The event marked a pivotal moment for StakeStone as it transitioned from development and testing phases to full public token availability.
Major Listings Drive Momentum
Following the TGE, STO was rapidly listed for spot trading on multiple top-tier platforms:
- MEXC launched the token alongside an Airdrop+ campaign with a prize pool of 130,000 USDT, running until April 13.
- KuCoin joined in with two promotional campaigns totaling $25,000, active until April 10.
- Bitget also onboarded the token to its platform for spot trading.
Beyond spot listings, StakeStone was added to Binance Alpha, while BingX introduced STO staking via its Launchpool, enabling users to stake Tether (USDT) or Bitcoin (BTC) to earn a share of 400,000 STO tokens. New BingX users are also eligible for an additional $120 Futures Bonus Voucher, with staking running until April 6.
A Rapidly Growing DeFi Powerhouse
StakeStone has been steadily building momentum since its testnet launch in July 2023, followed by the mainnet debut in September. By the end of 2023, it reached a total value locked (TVL) of 290,000 ETH (approximately $645 million) and became the fifth-largest stETH holder on-chain, onboarding over 93,000 users and integrating with numerous protocols.
In late 2024, the project introduced SBTC and STONEBTC, and closed a Series A funding round led by Polychain Capital. December saw the launch of its pre-deposit DeFi vault on Berachain (BERA), targeting retail participation and expanding its reach through partnerships with Lido and P2P.org.
In early 2025, StakeStone debuted LiquidityPad, offering users access to cross-chain liquidity opportunities and token rewards — further enhancing its utility and position in the DeFi ecosystem.
What’s Next for StakeStone?
According to the project’s official website, token allocation and vesting details will be released soon, providing further clarity for investors and early participants.
With STO soaring in value and expanding its footprint across the crypto space, StakeStone appears to be cementing its role as a next-generation liquidity infrastructure provider — offering seamless access across DeFi ecosystems and chains.
