How to Stake dYdX (DYDX) on Nami
Nami may not directly support DYDX staking, but you can still use Nami to buy DYDX and transfer it for staking.
Current APY
2.9%
Price
$0.0952
Platform Fee
No
Platform Type
wallet
Step-by-Step: Stake DYDX on Nami
Install Nami
Download and install Nami from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.
Fund the wallet with DYDX
Buy DYDX on an exchange (Coinbase, Kraken, Binance) and withdraw to your Nami address. Double-check the network before sending.
Open the staking section
In Nami, navigate to the staking or earn tab for dYdX. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.
Delegate and confirm
Enter the amount of DYDX to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.
Nami for DYDX Staking: Pros & Cons
Pros
- + Minimal, fast UI — pioneered the Cardano dApp connector spec (CIP-30)
- + Lightweight install, low memory footprint
- + Now backed by IOG after 2022 acquisition
Cons
- - Browser extension only — no mobile
- - ADA-only
- - Long-term roadmap unclear post-Lace launch