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How to Stake Magma Staked Monad (GMON) on Exodus

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

Current APY

13.1%

Price

$0.0378

Platform Fee

No

Platform Type

wallet

Start Staking GMON on Exodus

Exodus gives you full control of your assets.

Stake GMON on Exodus →

Step-by-Step: Stake GMON on Exodus

1

Install Exodus

Download and install Exodus from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.

2

Fund the wallet with GMON

Buy GMON on an exchange (Coinbase, Kraken, Binance) and withdraw to your Exodus address. Double-check the network before sending.

3

Open the staking section

In Exodus, navigate to the staking or earn tab for Magma Staked Monad. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.

4

Delegate and confirm

Enter the amount of GMON to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.

Exodus for GMON Staking: Pros & Cons

Pros

  • + Polished design — desktop, mobile, and browser extension all consistent
  • + Native staking for 7+ chains in one app
  • + 24/7 live support — rare for a non-custodial wallet
  • + Publicly traded company with transparent ownership

Cons

  • - Closed-source (most other major wallets are open-source)
  • - Built-in swap charges a markup on top of network spread
  • - Limited validator selection — Exodus auto-picks for you on some chains

FAQ: GMON Staking on Exodus

What APY can I earn staking GMON on Exodus?
The current estimated APY for GMON staking is around 13.1%. Actual rates vary based on network conditions, validator performance, and Exodus's fee structure (No platform fee — validator commission only (note: Exodus's swap feature charges spread)).
Is staking GMON on Exodus safe?
Exodus 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 Exodus?
Unstaking times depend on the network: Asset-dependent. During the unstaking period, your GMON won't earn rewards.
What fees does Exodus charge for GMON staking?
Exodus charges No platform fee — validator commission only (note: Exodus's swap feature charges spread). 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.