Injective (INJ) has been one of the best performers in the recent bear market. Many traders jumped on the bandwagon and welcomed INJ tokens to their portfolio.
As such, staking INJ is not just popular, but also highly sought after. Staking is a risk-free way to increase your Injective holdings, and also has very high returns.
Don’t believe us? We did the research for you. Here are best Injective staking exchanges and their current APYs (annual percentage yields).
| Exchange: | Flexible APY: |
|---|---|
| Binance | 0.43% |
| BingX | 5.00% |
| Bybit | 1.50% |
| CoinEx | 1.65% |
| Kraken | 5.00% |
| KuCoin * | 13.00% |
| Crypto.com * | 9.84% |
| XT | 1.20% |
| Gate | 5.88% |
| HTX | 5.50% |
| Bitrue | 20.00% |
| OKX ** | 15.01% |
(*) KuCoin and Crypto.com have a 21-day waiting period after unstaking. You will not be able to trade your coins during this period. You can stake without this redemption period, however APY will be 0,12%.
(**) OKX has a 21-25 day redemption period period after unstaking.
All other exchanges have fully flexible staking. This means you can withdraw or use your INJ coins (including accumulated interest) at any time, without any delays, penalties or fees.
Is staking INJ worth it?
Staking Injective is worth it on several exchanges. Staking on Binance or Bybit is rarely worth it for most coins. These two exchanges are some of the highest volume exchanges on the market, and they rarely offer highest yields in savings programs.
On the other hand, Gate has an enormous amount of tokens available in their Earn program. For most assets, average yields on Gate are low, but for Injective they are offering a decent 5.88% APY.
Best exchanges for staking INJ are KuCoin, Crypto.com, Bitrue, and OKX. These offer 13%, 9%, 20%, and 15% yearly returns, respectively. Each of these may have some downsides, but the impressive returns warrant taking a close look at each for your staking needs.
Staking Injective on most of these exchanges has no lockup periods. Your coins will always be available for trading or withdrawal. Even at 5% APY we think staking is worth it. So, considering you can get up to 20% yearly returns, it’s truly a no brainer.
INJ staking calculator
You can input the amount (in USD) and APY in the calculator below to get an estimate of your earnings, broken down by different time frames.
On-chain vs. CEX staking
At the time of writing this, staking INJ on decentralized protocols has an average APY of 14,50%. This is higher than most CEXs currently offer. Keep in mind that staking on-chain has its own downsides too. Untested dApps, strange decentralized exchanges and liquidity providers, rug pulls, phishing scams, compromised wallets and many other risks can be frightening even for those who are experienced with Web3.
Staking on CEXs has practically no risk. Most centralized exchanges have insurance and protection funds, ensuring the safety of principal funds and interest.
Have to keep in mind that…
- Savings, staking or earn programs may not be available in all countries or territories, even if an exchange is servicing your area. US and Canada are often excluded from staking, but check each exchange to ensure this is the case.
- Alternatively, consider exchanges with no KYC to bypass regional restrictions.
- We do our best to keep APYs up to date, but you should verify current rates with each exchange. We excluded temporary promotional rates, new user bonus yields, or other temporarily available rates. Yields displayed in the table are average and available to all customers,
You can easily get over 10% yearly returns, so INJ staking is a consistently profitable and risk-free activity. You can increase your portfolio size by up to 20% every year, making Injective one of the top yielding spot bags to hold, and staking certainly worth considering.
