StarkNet staking can be a safe and reliable way to receive regular passive income and boost your spot holdings. Anyone serious about crypto investing is probably looking into diverse allocation in multiple Ethereum Layer 2 tokens, and STRK probably made its way to your portfolio too.
Below is our list of best exchanges for staking STRK, compared by APY (annual percentage yield).
| Exchange: | Flexible APY: |
|---|---|
| Binance | 0.16% |
| Bitrue | 10.00% |
| XT | 1.50% |
| Gate | 0.88% |
Flexible STRK staking is available on all these exchanges. Flexible means you are able to unstake your tokens at any moment, and claim all benefits and interest earned. There are no lockup or wait periods.
On-chain vs. CEX staking
On-chain STRK staking currently yields around 5.98% annual return. This return is higher compared to the one most centralized exchanges provide.
Staking in DeFi can come with other drawbacks, such as locking duration, or higher risk. Staking on centralized exchanges is considered much safer. Most CEXs have some sort of protection mechanisms in place that guarantee safety of invested funds.
Is staking STRK profitable?
This depends on each individual. Skilled traders are very likely going to be able to outperform any staking profits, especially because average yields on StarkNet are so low.
Nevertheless, STRK staking can still be profitable for those looking for a hands-free approach to boosting portfolio size, or simply want to hold spot without the risk or emotions that come with trading.
STRK staking earnings calculator
You are welcome to use our handy calculator for an estimate of monthly and yearly earnings. Type in your principal investment (in USD value) and expected annual yield, and we’ll give you a basic rundown of potential return.
It’s important to keep in mind that your yields will be in STRK, not USD. Our calculator uses USD values for earnings, because it’s impossible to predict STRK prices in the future. Assuming you expect STRK to be more valued after certain time, your final earnings are going to be higher.
A few things to remember:
- Savings, staking or earn programs may not be available in all countries or territories, even if an exchange is servicing your area. USA and Canada are often excluded from staking, but check each exchange to ensure that is that case.
- Alternatively, you can use CEXs without KYC to bypass regional restrictions.
- APY can be subject to change. Be sure to double check APY rates with every exchange.
- Yields displayed in the table are average and available to all customers.
- We excluded tiered rates, temporary promotional rates, new user bonus yields, or other temporarily available yields.
There are many Ethereum Layer 2s out there, and StarkNet is becoming a strong contender for the throne. Among Polygon, Optimism and Arbitrum, StarkNet is quickly gaining ground and staking STRK is highly sought after.
See also: Ethereum staking, Polygon staking, Optimism staking, Arbitrum staking.
Because of StarkNet’s popularity, staking typically doesn’t have impressive yields. Nevertheless, even a few percent in yearly gains can add up, especially with long-term investors who hold large amounts.
