Sanctum, previously known as Socean, has transformed liquid staking on Solana by offering white-label services for launching liquid staking tokens (LSTs) and a shared liquidity reserve that issuers can access. This model allows anyone with SOL to create their own LSTs without needing a large buffer for redemptions. The co-founder FP Lee envisions a future with many LSTs facilitated by a unified liquidity layer. Sanctum's Router enables seamless swaps between multiple LSTs without the typical limitations of AMMs, leveraging a clearing network-like approach. Recently, Sanctum expanded its operations, officially launching Gateway—designed to enhance transaction inclusion on Solana through full-stack transaction observability across various RPC providers. This service operates on a pay-as-you-go model, aiming to become the primary entry point for the Solana ecosystem. Despite the current market conditions affecting its CLOUD native token, Sanctum generates significant revenue, approximately $5.9 million annually, through its integrated liquid staking product suite and yield strategies.

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