How to Stake Ethena (ENA) on Solflare

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

Current APY

25.0%

Price

$0.0956

Platform Fee

Platform Type

wallet

Start Staking ENA on Solflare

Solflare gives you full control of your assets.

Stake ENA on Solflare →

Step-by-Step: Stake ENA on Solflare

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.

Fund the wallet with ENA

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

Open the staking section

In Solflare, 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.

Solflare for ENA 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+)

FAQ: ENA Staking on Solflare

What APY can I earn staking ENA on Solflare?

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

Is staking ENA on Solflare safe?

Solflare 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 Solflare?

Unstaking times depend on the network: Until end of next epoch (~2–3 days). During the unstaking period, your ENA won't earn rewards.

What fees does Solflare charge for ENA staking?

Solflare charges No platform fee — validator commission 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.