Sui staking can be a good way to increase your spot portfolio size without taking any risks with trading or interacting with Web3. Staking SUI tokens on centralized exchanges (CEXs) is a reliable and safe way to earn more SUI.
We checked out all the exchanges to find out which ones offer the best APY (yearly interest) for Sui staking. Here’s what we learned.
Exchange: | Flexible APY: |
---|---|
Binance | 0.49% |
BingX | 5.00% |
Bybit | 2.00% |
CoinEx | (unclear rate) |
Crypto.com | 3.60% |
KuCoin | 3.50% |
Bitget | 2.50% |
XT | 2.00% |
Gate | 0.88% |
HTX | 2.00% |
CoinW | 0.50% |
Bitrue | 20.00% |
Is staking Sui worth it?
All APYs in the table above are for flexible staking. Flexible staking means you can withdraw or use your Sui coins (including accumulated interest) at any time, without additional fees or redemption periods.
This means there is no reason why you shouldn’t increase your Sui spot bags while holding the tokens. You get to accumulate more Sui tokens at virtually no risk, and without worrying if the asset price goes up or down. In case of pumps, you can still sell your coins at any time.
Best exchanges for SUI staking
APYs (annual percentage yields) for SUI staking range from less than 1%, all the way to an impressive 20%. For comparison, staking on-chain provides an average yield of 3.59%.
Currently, the best Sui staking exchange is Bitrue. There are no lockup periods or amount requirements, and all this is with a sizeable 20% APY. The downside here is that there’s an overall cap on Bitrue, which may or may not be full, depending on when you look. Unless you hold extraordinarily large amounts of SUI, you can often squeeze into staking pool on Bitrue.
At 20% APY, staking $1,000 would give you an extra $200 worth of SUI after 12 months (excluding SUI token price fluctuations, of course). Since you are presumably holding Sui because you expect the price to go up, you could be looking at even higher earnings.
Sui staking calculator
You can take advantage of our basic staking calculator to determine your potential earnings.
The calculator is provided for basic informational purposes only, and actual results can vary.
On-chain vs. CEX staking
Staking Sui on decentralized exchanges and protocols has an average APY of 3,59%. This is slightly lower or in line with the amount most CEXs currently offer. However, staking on-chain has other drawbacks: shady dApps, untested decentralized exchanges, rug pulls, scams, compromised wallets and many other risks can be scary for those inexperienced with Web3 interactions.
Staking on CEXs is typically far safer and has practically no risk. Most exchanges have insurance funds, guaranteeing the safety of both invested funds and interest gained. In addition, your coins will always be a click away from trading or withdrawal.
A few things to remember:
- Savings, staking or earn programs are not always available in all countries or territories. Check each exchange to ensure it offers staking service in your country.
- Alternatively, you can use exchanges without KYC to bypass regional restrictions.
- Always double check APY rates directly on exchanges. We excluded temporary promotional rates, new user bonus yields, or other temporarily available rates. APYs displayed above are average and equally available to all customers,
With yearly yields up to 20%, SUI staking is very lucrative no matter your portfolio size. You can earn free SUI by staking coins on any of the above exchanges, as all are considered reliable and safe.