How to Stake Compound (COMP) on Marinade Finance

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

Current APY

3.0%

Price

$21.74

Platform Fee

6%

Platform Type

liquid

Start Staking COMP on Marinade Finance

Marinade Finance gives you full control of your assets.

Stake COMP on Marinade Finance

Step-by-Step: Stake COMP on Marinade Finance

1

Get a compatible wallet

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

2

Acquire COMP

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

3

Visit Marinade Finance

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

4

Stake and receive liquid tokens

Enter your COMP 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.

Marinade Finance for COMP 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

FAQ: COMP Staking on Marinade Finance

What APY can I earn staking COMP on Marinade Finance?
The current estimated APY for COMP staking is around 3.0%. Actual rates vary based on network conditions, validator performance, and Marinade Finance's fee structure (6% of staking rewards).
Is staking COMP on Marinade Finance safe?
Marinade Finance is a non-custodial protocol with a low risk profile for COMP 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 COMP from Marinade Finance?
Unstaking times depend on the network: Flexible (mSOL is liquid). During the unstaking period, your COMP won't earn rewards.
What fees does Marinade Finance charge for COMP staking?
Marinade Finance charges 6% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake COMP on other platforms?
Yes! You can compare all available platforms for COMP staking on our How to Stake Compound guide. Different platforms offer different APY rates, fees, and custody models.