How to Stake Optimism (OP) on Figment
Figment may not directly support OP staking, but you can still use Figment to buy OP and transfer it for staking.
Current APY
3.0%
Price
$0.1144
Platform Fee
Varies
Platform Type
validator
Start Staking OP on Figment
Figment gives you full control of your assets. Your assets are insured.
Stake OP on Figment →Step-by-Step: Stake OP on Figment
1
Set up a wallet
Install a wallet compatible with Optimism's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.
2
Transfer OP to your wallet
Buy OP on an exchange and withdraw it to your wallet address.
3
Connect to Figment
Visit Figment'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 Figment's dashboard.
Figment for OP Staking: Pros & Cons
Pros
- + 40+ networks with institutional SLAs
- + Slash insurance from Lloyd's of London
- + Compliance tooling (tax reports, AML)
- + Non-custodial — clients control keys
Cons
- - Primarily for institutions — minimums are high
- - Not suitable for retail users
- - No liquid staking tokens
FAQ: OP Staking on Figment
What APY can I earn staking OP on Figment?
The current estimated APY for OP staking is around 3.0%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).
Is staking OP on Figment safe?
Figment 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 Figment?
Unstaking times depend on the network: Network-dependent. During the unstaking period, your OP won't earn rewards.
What fees does Figment charge for OP staking?
Figment charges Varies (institutional pricing). 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.