Let me ask you a question, who is currently the project with the largest TVL in the BSC ecosystem? Is it CAKE? Is it XVS? Perhaps surprisingly, the new rising star is Lista DAO. According to DeFillama's data, Lista DAO currently occupies the first place with a TVL of over 1.9 billion USD, surpassing the largest Dex and lending projects on BSC. What kind of project is Lista? Why is it able to stand out among many projects? Today, I will explain it to everyone.

Lista DAO is the largest liquidity staking and stablecoin protocol in the BSC ecosystem, similar to Maker DAO. The underlying asset is BNB, and a closed loop is completed through clisBNB CDP and lisUSD stablecoin. Users can earn profits by holding the derivative assets slisBNB and clisBNB of BNB, and can also collateralize to generate stablecoins to meet other needs.
One important reason for the recent surge in the TVL of Lista DAO is the rise in BNB prices. In Lista DAO, the amount of staked BNB exceeds 1 million, and clis also approaches 1 million. It can be said that Lista is a project that directly benefits from the rise in BNB prices, as the increase in BNB prices directly drives the protocol revenue of Lista DAO.

In addition to BNB staking and stablecoin operations, the biggest recent move of Lista DAO is to focus on the lending sector, in order to differentiate itself from Venus.