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How to Stake Sommelier (SOMM) on Exodus

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

Current APY

4.0%

Price

$0.0004

Platform Fee

No

Platform Type

wallet

Start Staking SOMM on Exodus

Exodus gives you full control of your assets.

Stake SOMM on Exodus →

Step-by-Step: Stake SOMM on Exodus

1

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.

2

Fund the wallet with SOMM

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

3

Open the staking section

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

4

Delegate and confirm

Enter the amount of SOMM 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 SOMM 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: SOMM Staking on Exodus

What APY can I earn staking SOMM on Exodus?
The current estimated APY for SOMM staking is around 4.0%. 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 SOMM on Exodus safe?
Exodus is a non-custodial protocol with a high risk profile for SOMM 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 SOMM from Exodus?
Unstaking times depend on the network: Asset-dependent. During the unstaking period, your SOMM won't earn rewards.
What fees does Exodus charge for SOMM 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 SOMM on other platforms?
Yes! You can compare all available platforms for SOMM staking on our How to Stake Sommelier guide. Different platforms offer different APY rates, fees, and custody models.