How to Stake Ethereum (ETH) on Daedalus
Daedalus may not directly support ETH staking, but you can still use Daedalus to buy ETH and transfer it for staking.
Current APY
2.4%
Price
$2,209.4
Platform Fee
No
Platform Type
wallet
Step-by-Step: Stake ETH on Daedalus
Install Daedalus
Download and install Daedalus 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 ETH
Buy ETH on an exchange (Coinbase, Kraken, Binance) and withdraw to your Daedalus address. Double-check the network before sending.
Open the staking section
In Daedalus, navigate to the staking or earn tab for Ethereum. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.
Delegate and confirm
Enter the amount of ETH to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.
Daedalus for ETH Staking: Pros & Cons
Pros
- + Full node — you validate the chain yourself, no trust required
- + Direct delegation to any of 3000+ Cardano stake pools
- + Liquid staking — your ADA is never locked, withdraw any time
- + Stake pool ranking with saturation and pledge data
Cons
- - Downloads ~10GB+ of blockchain data and takes hours to sync
- - Desktop only — no mobile app
- - ADA-only; no other chains supported
Other Platforms for ETH Staking
Exchange · 25–35% commission on rewards
Exchange · 10–15% commission on rewards
Liquid Staking · 10% of staking rewards (split: 5% node operators, 5% DAO treasury)
Liquid Staking · ~14% commission to node operators
Exchange · Fees built into displayed APY
Exchange · 10–20% commission
Exchange · Built into rates
Liquid Staking · 10% of staking rewards
Liquid Staking · 2% of staking rewards
validator · Varies (institutional pricing)
validator · 5–10% commission
validator · 5–10% commission
wallet · No platform fee — only network/validator commission
wallet · Provider fee (Lido 10%, Stader 10% on rewards)