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Ethena vs Raydium Staking

Side-by-side comparison of ENA and RAY staking yields, risk, and key metrics. Updated every 4 hours.

Ethena
Ethena
ENA
25.00%
APY
Raydium
Raydium
RAY
12.00%
APY

Detailed comparison

Metric
Ethena (ENA)
Raydium (RAY)
Staking APY
25.00%Winner
12.00%
Price
$0.10
$0.63
Market Cap
$837.45MWinner
$170.28M
Total Staked
$229.35MWinner
$50.31M
Staking Ratio
30.0%
30.0%
Risk Level
medium
medium
Staking Type
defi
defi
Blockchain
Ethereum
Solana
Min Stake
0.01 ENA
0.01 RAY

Ethena vs Raydium: which should you stake?

Ethena currently offers the higher APY at 25.00% compared to Raydium's 12.00%. That's a 13.00 percentage point difference in annual yield.

In terms of market cap, Ethena is the larger asset at $837.45M, which generally indicates more liquidity and lower volatility risk.

Both assets can be staked through various platforms and protocols. Consider diversifying across both rather than choosing one exclusively — this spreads your risk across different networks and ecosystems.

Ethena vs Raydium — common questions

Is Ethena or Raydium better for staking?

Ethena currently offers a higher staking APY at 25.00% compared to Raydium's 12.00%. However, the best choice depends on your risk tolerance, investment horizon, and portfolio strategy.

What is the APY difference between Ethena and Raydium?

Ethena offers 25.00% APY while Raydium offers 12.00% APY — a difference of 13.00 percentage points.

Which is safer to stake: ENA or RAY?

Ethena has a medium risk rating while Raydium has a medium risk rating. Lower risk typically means a more established network with stronger validator infrastructure.

Can I stake both ENA and RAY?

Yes, diversifying across multiple staking assets is a common strategy. Staking both Ethena and Raydium spreads your risk across different networks and protocols.

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