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How to Stake Liquid Staked SOL (LSSOL) on Kraken

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

Current APY

4.0%

Price

$86.92

Platform Fee

10–15%

Platform Type

Exchange

Start Staking LSSOL on Kraken

Kraken handles all the technical setup.

Stake LSSOL on Kraken →

Step-by-Step: Stake LSSOL on Kraken

1

Create a Kraken account

Sign up at Kraken, complete identity verification (KYC), and secure your account with 2FA.

2

Deposit or buy LSSOL

Transfer LSSOL to your Kraken wallet, or buy it directly using fiat currency (bank transfer, card, etc.).

3

Navigate to Staking

Go to the staking or earn section on Kraken. Find Liquid Staked SOL (LSSOL) in the list of available staking assets.

4

Choose your staking amount

Enter the amount of LSSOL you want to stake. Review the estimated APY, lock period, and any fees.

5

Confirm and start earning

Confirm the staking transaction. Your LSSOL will begin earning rewards, usually within 1–3 days. Rewards are typically auto-compounded.

Kraken for LSSOL Staking: Pros & Cons

Pros

  • + Low fees (10–15%) among exchanges
  • + 20+ stakeable assets — widest selection on a CEX
  • + Competitive APYs, often above market
  • + Staking available in most countries

Cons

  • - Custodial — Kraken controls staked assets
  • - US residents limited after 2023 SEC settlement
  • - Staking UI less polished than Coinbase
  • - Some assets have minimum lock requirements

FAQ: LSSOL Staking on Kraken

What APY can I earn staking LSSOL on Kraken?
The current estimated APY for LSSOL staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and Kraken's fee structure (10–15% commission on rewards).
Is staking LSSOL on Kraken safe?
Kraken is a custodial exchange with a high risk profile for LSSOL staking. As a custodial platform, they manage your private keys. Always assess your risk tolerance before staking.
How long does it take to unstake LSSOL from Kraken?
Unstaking times depend on the network: Flexible on most assets. During the unstaking period, your LSSOL won't earn rewards.
What fees does Kraken charge for LSSOL staking?
Kraken charges 10–15% commission on rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake LSSOL on other platforms?
Yes! You can compare all available platforms for LSSOL staking on our How to Stake Liquid Staked SOL guide. Different platforms offer different APY rates, fees, and custody models.