How to Stake GMX (GMX) on Marinade Finance
Marinade Finance may not directly support GMX staking, but you can still use Marinade Finance to buy GMX and transfer it for staking.
Current APY
14.0%
Price
$5.73
Platform Fee
6%
Platform Type
liquid
Start Staking GMX on Marinade Finance
Marinade Finance gives you full control of your assets.
Stake GMX on Marinade Finance →Step-by-Step: Stake GMX on Marinade Finance
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 Marinade Finance
Go to Marinade Finance'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.
Marinade Finance for GMX Staking: Pros & Cons
Pros
- + Native Solana liquid staking — no ETH bridge risk
- + mSOL usable across Marinade's DeFi partners
- + Distributes stake across 450+ validators for decentralization
- + Instant unstake available for a small fee
Cons
- - Solana-only
- - Smart contract risk
- - mSOL liquidity lower than stETH on Ethereum
FAQ: GMX Staking on Marinade Finance
What APY can I earn staking GMX on Marinade Finance?
The current estimated APY for GMX staking is around 14.0%. Actual rates vary based on network conditions, validator performance, and Marinade Finance's fee structure (6% of staking rewards).
Is staking GMX on Marinade Finance safe?
Marinade Finance 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 Marinade Finance?
Unstaking times depend on the network: Flexible (mSOL is liquid). During the unstaking period, your GMX won't earn rewards.
What fees does Marinade Finance charge for GMX staking?
Marinade Finance charges 6% 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.