How to Stake Solana (SOL) on Figment

Figment directly supports SOL staking. Here's how to get started and earn up to 5.8% APY.

Current APY

5.8%

Price

$82.14

Platform Fee

Varies

Platform Type

validator

Start Staking SOL on Figment

Figment gives you full control of your assets. Your assets are insured.

Stake SOL on Figment →

Step-by-Step: Stake SOL on Figment

Set up a wallet

Install a wallet compatible with Solana's blockchain. Popular options include MetaMask, Keplr, Phantom, or the official wallet.

Transfer SOL to your wallet

Buy SOL on an exchange and withdraw it to your wallet address.

Connect to Figment

Visit Figment's platform and connect your wallet. Make sure you're on the correct network.

Select a staking option

Choose the staking pool, validator, or vault that suits your risk tolerance and desired APY.

Stake and monitor

Confirm the transaction in your wallet. Monitor your staking position and rewards from Figment's dashboard.

Figment for SOL 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

Other Platforms for SOL Staking

🏦Coinbase

Exchange · 25–35% commission on rewards

🐙Kraken

Exchange · 10–15% commission on rewards

🟡Binance Staking

Exchange · Fees built into displayed APY

⭕OKX

Exchange · 10–20% commission

🔵Bybit

Exchange · Built into rates

🥩Marinade Finance

Liquid Staking · 6% of staking rewards

⚡Jito

Liquid Staking · 4% of staking rewards

🌲Everstake

validator · 5–10% commission

🎵Chorus One

validator · 5–10% commission

FAQ: SOL Staking on Figment

What APY can I earn staking SOL on Figment?

The current estimated APY for SOL staking is around 5.8%. Actual rates vary based on network conditions, validator performance, and Figment's fee structure (Varies (institutional pricing)).

Is staking SOL on Figment safe?

Figment is a non-custodial protocol with a low risk profile for SOL 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 SOL from Figment?

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

What fees does Figment charge for SOL staking?

Figment charges Varies (institutional pricing). These fees are typically deducted from your staking rewards automatically.

Can I stake SOL on other platforms?

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