KETJU Research

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Staking

VenomStake

Not approved Too small to exit at size
Issued
2026-08-15
Last confirmed
2026-08-15
Next check due
2026-11-15
Chains
Venom

VenomStake is the legacy name for Venom liquid staking, but Venom Foundation moved live staking and unstaking into the SparX wallet and says users no longer need VenomStake.com. The underlying stVENOM position remains live: DefiLlama reported about $6.38M on Venom on August 15, 2026. The residual protocol position remains below the v1 size floor, though the obsolete website is no longer the current venue. The individual review will not open until the protocol shows sustained scale above the floor and we confirm that the supported SparX staking path, contracts, validator controls, and normal exits remain current.

The research file

Applicability and lifecycle

Venom Foundation states that users now stake and unstake stVENOM inside SparX and no longer need to visit VenomStake.com. The interface changed, but the stVENOM position did not vanish. The survey still identifies the protocol by its legacy name, while SparX provides the current user path.

Current observation and perimeter

The DefiLlama protocol API read on 2026-08-15 continued to classify VenomStake as Liquid Staking on Venom and reported approximately $6.38M TVL. That live residual balance remains far below the shared v1 size floor, so the individual review will not open until the protocol clears it.

Control and exit applicability

SparX is now the supported wallet interface for staking and unstaking. Venom Foundation reported that new unstaking requests take roughly 24 to 60 hours, while older pending requests could take up to 30 days and may be cancelled and recreated. The position still depends on Venom settlement, validator and staking contracts, stVENOM accounting, wallet availability and the processing of exits.

Why the shared dossier decides

The v1 below-materiality dossier decides the result because residual live TVL is approximately $6.38M. Moving the interface does not fix the capacity limit. The individual review will not open until reproducible surveys show TVL above the size floor continuously for 30 days. It must then cover the current SparX route, staking contracts, validator and upgrade controls, audits and incidents, exchange-rate history, unbonding performance and secondary liquidity.

Research status

This is a capacity-unproven record for VenomStake, not a quality rejection or approval. Reported TVL says how big the venue is, not what the client owns, who can change the rules, or how a position exits at a proposed size. The individual review opens when the protocol clears the size floor.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

Inherited controls

The research above describes the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The layer with the most administrative power sets the position’s effective control; that describes control, not quality or suitability.

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