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How to Stake GMX (GMX) on Ankr

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

Current APY

14.0%

Price

$5.73

Platform Fee

2%

Platform Type

liquid

Start Staking GMX on Ankr

Ankr gives you full control of your assets.

Stake GMX on Ankr →

Step-by-Step: Stake GMX on Ankr

1

Get a compatible wallet

You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports GMX's network.

2

Acquire GMX

Buy GMX from an exchange and transfer it to your wallet, or swap for it using a DEX.

3

Visit Ankr

Go to Ankr's staking interface and connect your wallet.

4

Stake and receive liquid tokens

Enter your GMX amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.

5

Use your LST in DeFi (optional)

Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.

Ankr for GMX Staking: Pros & Cons

Pros

  • + Very low 2% fee — one of the cheapest liquid staking options
  • + 10+ supported chains
  • + Long track record since 2017
  • + ANKR token staking for additional rewards

Cons

  • - Lower TVL and liquidity vs Lido
  • - ankrTokens have fewer DeFi integrations
  • - Some chains have limited validator diversity

FAQ: GMX Staking on Ankr

What APY can I earn staking GMX on Ankr?
The current estimated APY for GMX staking is around 14.0%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking GMX on Ankr safe?
Ankr is a non-custodial protocol with a medium risk profile for GMX 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 GMX from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your GMX won't earn rewards.
What fees does Ankr charge for GMX staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake GMX on other platforms?
Yes! You can compare all available platforms for GMX staking on our How to Stake GMX guide. Different platforms offer different APY rates, fees, and custody models.