How to Stake Axelar (AXL) on Marinade Finance

Marinade Finance may not directly support AXL staking, but you can still use Marinade Finance to buy AXL and transfer it for staking.

Current APY

10.0%

Price

$0.0459

Platform Fee

Platform Type

liquid

Start Staking AXL on Marinade Finance

Marinade Finance gives you full control of your assets.

Stake AXL on Marinade Finance →

Step-by-Step: Stake AXL on Marinade Finance

Get a compatible wallet

You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Axelar's network.

Acquire AXL

Buy AXL from an exchange and transfer it to your wallet, or swap for it using a DEX.

Visit Marinade Finance

Go to Marinade Finance's staking interface and connect your wallet.

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.

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.

Marinade Finance for AXL Staking: Pros & Cons

Pros

+ Native Solana liquid staking — no ETH bridge risk
+ mSOL usable across Marinade's DeFi partners
+ Distributes stake across 450+ validators for decentralization
+ Instant unstake available for a small fee

Cons

- Solana-only
- Smart contract risk
- mSOL liquidity lower than stETH on Ethereum

Other Platforms for AXL Staking

🌲Everstake

validator · 5–10% commission

🌌Keplr Wallet

wallet · No platform fee — validator commission only (typically 5–10%)

🪂Leap Wallet

wallet · No platform fee — validator commission only

FAQ: AXL Staking on Marinade Finance

What APY can I earn staking AXL on Marinade Finance?

The current estimated APY for AXL staking is around 10.0%. Actual rates vary based on network conditions, validator performance, and Marinade Finance's fee structure (6% of staking rewards).

Is staking AXL on Marinade Finance safe?

Marinade Finance 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 Marinade Finance?

Unstaking times depend on the network: Flexible (mSOL is liquid). During the unstaking period, your AXL won't earn rewards.

What fees does Marinade Finance charge for AXL staking?

Marinade Finance charges 6% 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.