How to Stake Dymension (DYM) on Solflare

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

Current APY

13.5%

Price

$0.0195

Platform Fee

No

Platform Type

wallet

Start Staking DYM on Solflare

Solflare gives you full control of your assets.

Stake DYM on Solflare

Step-by-Step: Stake DYM on Solflare

1

Install Solflare

Download and install Solflare from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

2

Fund the wallet with DYM

Buy DYM on an exchange (Coinbase, Kraken, Binance) and withdraw to your Solflare address. Double-check the network before sending.

3

Open the staking section

In Solflare, navigate to the staking or earn tab for Dymension. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

4

Delegate and confirm

Enter the amount of DYM to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

Solflare for DYM Staking: Pros & Cons

Pros

  • + Deeper staking analytics than Phantom (skip rate, MEV revenue)
  • + Stake-account splitting and merging from the UI
  • + Strong Ledger integration
  • + Native LST support (mSOL, jitoSOL, bSOL, etc.)

Cons

  • - UX a bit more technical than Phantom
  • - Solana-only
  • - Smaller user base than Phantom (~1M vs 5M+)

Other Platforms for DYM Staking

FAQ: DYM Staking on Solflare

What APY can I earn staking DYM on Solflare?
The current estimated APY for DYM staking is around 13.5%. Actual rates vary based on network conditions, validator performance, and Solflare's fee structure (No platform fee — validator commission only).
Is staking DYM on Solflare safe?
Solflare 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 Solflare?
Unstaking times depend on the network: Until end of next epoch (~2–3 days). During the unstaking period, your DYM won't earn rewards.
What fees does Solflare charge for DYM staking?
Solflare charges No platform fee — validator commission only. 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.