How to Stake ShMonad (SHMON) on Exodus

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

Current APY

15.9%

Price

$0.0556

Platform Fee

Platform Type

wallet

Start Staking SHMON on Exodus

Exodus gives you full control of your assets.

Stake SHMON on Exodus →

Step-by-Step: Stake SHMON on Exodus

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.

Fund the wallet with SHMON

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

Open the staking section

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

Delegate and confirm

Enter the amount of SHMON 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 SHMON 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: SHMON Staking on Exodus

What APY can I earn staking SHMON on Exodus?

The current estimated APY for SHMON staking is around 15.9%. 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 SHMON on Exodus safe?

Exodus is a non-custodial protocol with a high risk profile for SHMON 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 SHMON from Exodus?

Unstaking times depend on the network: Asset-dependent. During the unstaking period, your SHMON won't earn rewards.

What fees does Exodus charge for SHMON 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 SHMON on other platforms?

Yes! You can compare all available platforms for SHMON staking on our How to Stake ShMonad guide. Different platforms offer different APY rates, fees, and custody models.