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How to Stake Dymension (DYM) on Figment

Figment may not directly support DYM staking, but you can still use Figment to buy DYM and transfer it for staking.

Current APY

13.5%

Price

$0.0195

Platform Fee

Varies

Platform Type

validator

Start Staking DYM on Figment

Figment gives you full control of your assets. Your assets are insured.

Stake DYM on Figment →

Step-by-Step: Stake DYM on Figment

1

Set up a wallet

Install a wallet compatible with Dymension's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer DYM to your wallet

Buy DYM on an exchange and withdraw it to your wallet address.

3

Connect to Figment

Visit Figment's platform and connect your wallet. Make sure you're on the correct network.

4

Select a staking option

Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.

5

Stake and monitor

Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.

Figment for DYM Staking: Pros & Cons

Pros

  • + 40+ networks with institutional SLAs
  • + Slash insurance from Lloyd's of London
  • + Compliance tooling (tax reports, AML)
  • + Non-custodial — clients control keys

Cons

  • - Primarily for institutions — minimums are high
  • - Not suitable for retail users
  • - No liquid staking tokens

Other Platforms for DYM Staking

🎵Chorus One

validator · 5–10% commission

FAQ: DYM Staking on Figment

What APY can I earn staking DYM on Figment?
The current estimated APY for DYM staking is around 13.5%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking DYM on Figment safe?
Figment is a non-custodial protocol with a medium risk profile for DYM 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 DYM from Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your DYM won't earn rewards.
What fees does Figment charge for DYM staking?
Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.
Can I stake DYM on other platforms?
Yes! You can compare all available platforms for DYM staking on our How to Stake Dymension guide. Different platforms offer different APY rates, fees, and custody models.