How to Stake Ethena (ENA) on Nami

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

Current APY

25.0%

Price

$0.0956

Platform Fee

Platform Type

wallet

Start Staking ENA on Nami

Nami gives you full control of your assets.

Stake ENA on Nami →

Step-by-Step: Stake ENA 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 ENA

Buy ENA 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 Ethena. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

Delegate and confirm

Enter the amount of ENA 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 ENA 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

FAQ: ENA Staking on Nami

What APY can I earn staking ENA on Nami?

The current estimated APY for ENA staking is around 25.0%. Actual rates vary based on network conditions, validator performance, and Nami's fee structure (No platform fee — pool operator margin only).

Is staking ENA on Nami safe?

Nami is a non-custodial protocol with a medium risk profile for ENA 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 ENA from Nami?

Unstaking times depend on the network: None — delegated ADA stays liquid. During the unstaking period, your ENA won't earn rewards.

What fees does Nami charge for ENA staking?

Nami charges No platform fee — pool operator margin only. These fees are typically deducted from your staking rewards automatically.

Can I stake ENA on other platforms?

Yes! You can compare all available platforms for ENA staking on our How to Stake Ethena guide. Different platforms offer different APY rates, fees, and custody models.