KuCoin Project Updates: Sanctum Q1 2026 Report

Project Introduction
Sanctum makes staking on Solana easy and fun. Today, Sanctum is the third largest protocol on Solana (by TVL) and works with the biggest teams on Solana.
Key Metrics
2025 was a standout year for Sanctum. While the market trended down toward year-end, our core staking business continued to grow. This momentum carried through Q1 2026 as we finished the quarter up nearly 9% in SOL terms. Sanctum has remained one of the few teams on Solana to continue to see QoQ growth in spite of the dampened market conditions largely driven by our core staking business. In Q1 we shipped a major upgrade, a new product and continued development of new products we expect to release in the coming quarters.
- TVL: 15.6million SOL (up 8.6% QoQ).
- Quarterly earnings: $1.46m USD. Down 15% QoQ in USD terms, up 28% in SOL terms.
Note: due to the nature of Sanctum’s business, protocol revenue is earned in SOL. As such, Sanctum’s revenue reported in USD is not a reliable measure of protocol growth due to price volatility of SOL the asset.

Token Metrics
|
Field |
Value |
|
Market Cap |
$20.7m - as at end Q1 2026. |
|
Fully Diluted Valuation (FDV) |
$36m - as at end Q1 2026. |
|
Circulating Supply |
567,000,000 |
|
Total Supply |
1,000,000,000 |
|
Token Holders |
N/A |
Performance Highlights
-
Launched INF v2, the largest upgrade to Sanctum’s oldest product since launch. This upgrade made INF the first Solana LST (Liquid Staking Token) to continuously stream yield every single block, instead of only at the epoch boundary.
-
Launched the Sanctum App on Seeker in partnership with Seeker attracting thousands of users in the first few weeks. The Sanctum App is our first mobile app and makes staking a bit more delightful. More to come in Q2.
-
Expanded our Validator team and business scaling up the Sanctum Validator to around 2 Million SOL staked. Made improvements to the Sanctum Validator to drive better APY for partners and LST holders.
-
Finally, we made it to the final phase of a new b2b product we’ve been working on since Q4 with audits due to complete early Q2 and release slated for mid Q2. This product represents a significant opportunity for Sanctum and our partners. We’re looking forward to sharing more in Q2.
Future Outlook / Roadmap
-
Security was a focus for all teams at the start of Q2 after the major attacks which occurred at the start of April. As such, we immediately put this to the top of our list to ensure our security is best-in-class across the board. We’ll be able to share more on this in our Q2 report.
-
The Sanctum App remains a key focus for us ahead as it has demonstrated significant early demand and traction, we’ve got lots in the pipeline for this in Q2.
-
We’ll be expanding our Sanctum Liquidity Layer to ensure our partners get even better Liquidity for their Sanctum LSTs.
-
Finally, our new B2B product will be a big focus as we work with some of the largest names on Solana to launch.
Additional Information
Trade CLOUD on KuCoin here.
Learn more about Sanctum: https://sanctum.so/
Discord: https://discord.com/invite/sanctumso
