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How to Stake Optimism (OP) on BENQI

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

Current APY

3.0%

Price

$0.1144

Platform Fee

10%

Platform Type

liquid

Start Staking OP on BENQI

BENQI gives you full control of your assets.

Stake OP on BENQI →

Step-by-Step: Stake OP on BENQI

1

Get a compatible wallet

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

2

Acquire OP

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

3

Visit BENQI

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

4

Stake and receive liquid tokens

Enter your OP 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.

BENQI for OP Staking: Pros & Cons

Pros

  • + Avalanche-native — no bridge risk
  • + sAVAX usable in Trader Joe, GMX, and other Avalanche DeFi
  • + Integrated lending market (Qi Protocol)
  • + No minimum stake

Cons

  • - Avalanche-only
  • - Smart contract risk
  • - Lower TVL than Ethereum liquid staking protocols

FAQ: OP Staking on BENQI

What APY can I earn staking OP on BENQI?
The current estimated APY for OP staking is around 3.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking OP on BENQI safe?
BENQI is a non-custodial protocol with a low risk profile for OP 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 OP from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your OP won't earn rewards.
What fees does BENQI charge for OP staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake OP on other platforms?
Yes! You can compare all available platforms for OP staking on our How to Stake Optimism guide. Different platforms offer different APY rates, fees, and custody models.