How to Stake Axelar (AXL) on Ankr
Ankr may not directly support AXL staking, but you can still use Ankr to buy AXL and transfer it for staking.
Current APY
10.0%
Price
$0.0459
Platform Fee
2%
Platform Type
liquid
Step-by-Step: Stake AXL on Ankr
1
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Axelar's network.
2
Acquire AXL
Buy AXL from an exchange and transfer it to your wallet, or swap for it using a DEX.
3
Visit Ankr
Go to Ankr's staking interface and connect your wallet.
4
Stake and receive liquid tokens
Enter your AXL amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.
5
Use your LST in DeFi (optional)
Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.
Ankr for AXL Staking: Pros & Cons
Pros
- + Very low 2% fee — one of the cheapest liquid staking options
- + 10+ supported chains
- + Long track record since 2017
- + ANKR token staking for additional rewards
Cons
- - Lower TVL and liquidity vs Lido
- - ankrTokens have fewer DeFi integrations
- - Some chains have limited validator diversity
Other Platforms for AXL Staking
FAQ: AXL Staking on Ankr
What APY can I earn staking AXL on Ankr?
The current estimated APY for AXL staking is around 10.0%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking AXL on Ankr safe?
Ankr is a non-custodial protocol with a low risk profile for AXL staking. As a non-custodial platform, you retain control of your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake AXL from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your AXL won't earn rewards.
What fees does Ankr charge for AXL staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake AXL on other platforms?
Yes! You can compare all available platforms for AXL staking on our How to Stake Axelar guide. Different platforms offer different APY rates, fees, and custody models.