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How to Stake Magma Staked Monad (GMON) on Everstake

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

Current APY

13.1%

Price

$0.0378

Platform Fee

5–10%

Platform Type

validator

Start Staking GMON on Everstake

Everstake gives you full control of your assets.

Stake GMON on Everstake →

Step-by-Step: Stake GMON on Everstake

1

Set up a wallet

Install a wallet compatible with Magma Staked Monad's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

2

Transfer GMON to your wallet

Buy GMON on an exchange and withdraw it to your wallet address.

3

Connect to Everstake

Visit Everstake's platform and connect your wallet. Make sure you're on the correct network.

4

Select a staking option

Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.

5

Stake and monitor

Confirm the transaction in your wallet. Monitor your staking position and rewards from Everstake's dashboard.

Everstake for GMON Staking: Pros & Cons

Pros

  • + 50+ supported networks
  • + 735K+ delegators — trusted track record
  • + Competitive 5–10% commission
  • + Non-custodial on all networks

Cons

  • - No liquid staking tokens
  • - UI less polished than consumer apps
  • - No slash insurance

FAQ: GMON Staking on Everstake

What APY can I earn staking GMON on Everstake?
The current estimated APY for GMON staking is around 13.1%. Actual rates vary based on network conditions, validator performance, and Everstake's fee structure (5–10% commission).
Is staking GMON on Everstake safe?
Everstake is a non-custodial protocol with a high risk profile for GMON 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 GMON from Everstake?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your GMON won't earn rewards.
What fees does Everstake charge for GMON staking?
Everstake charges 5–10% commission. These fees are typically deducted from your staking rewards automatically.
Can I stake GMON on other platforms?
Yes! You can compare all available platforms for GMON staking on our How to Stake Magma Staked Monad guide. Different platforms offer different APY rates, fees, and custody models.