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How to Stake Phantom Staked SOL (PSOL) on Bybit

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

Current APY

4.0%

Price

$87.84

Platform Fee

Built

Platform Type

Exchange

Start Staking PSOL on Bybit

Bybit handles all the technical setup.

Stake PSOL on Bybit →

Step-by-Step: Stake PSOL on Bybit

1

Create a Bybit account

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

2

Deposit or buy PSOL

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

3

Navigate to Staking

Go to the staking or earn section on Bybit. Find Phantom Staked SOL (PSOL) in the list of available staking assets.

4

Choose your staking amount

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

5

Confirm and start earning

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

Bybit for PSOL Staking: Pros & Cons

Pros

  • + High liquidity and competitive Earn rates
  • + 40+ stakeable assets
  • + Dual Investment and Launchpad bonuses
  • + 24/7 customer support

Cons

  • - Not available in the US, UK, and some EU countries
  • - Custodial
  • - Primarily known for derivatives — staking is secondary

FAQ: PSOL Staking on Bybit

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