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How to Stake Staked USD Coin (SUSD) on BENQI

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

Current APY

4.0%

Price

$0.9978

Platform Fee

10%

Platform Type

liquid

Start Staking SUSD on BENQI

BENQI gives you full control of your assets.

Stake SUSD on BENQI →

Step-by-Step: Stake SUSD on BENQI

1

Get a compatible wallet

You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Staked USD Coin's network.

2

Acquire SUSD

Buy SUSD from an exchange and transfer it to your wallet, or swap for it using a DEX.

3

Visit BENQI

Go to BENQI's staking interface and connect your wallet.

4

Stake and receive liquid tokens

Enter your SUSD amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.

5

Use your LST in DeFi (optional)

Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.

BENQI for SUSD Staking: Pros & Cons

Pros

  • + Avalanche-native — no bridge risk
  • + sAVAX usable in Trader Joe, GMX, and other Avalanche DeFi
  • + Integrated lending market (Qi Protocol)
  • + No minimum stake

Cons

  • - Avalanche-only
  • - Smart contract risk
  • - Lower TVL than Ethereum liquid staking protocols

FAQ: SUSD Staking on BENQI

What APY can I earn staking SUSD on BENQI?
The current estimated APY for SUSD staking is around 4.0%. Actual rates vary based on network conditions, validator performance, and BENQI's fee structure (10% of staking rewards).
Is staking SUSD on BENQI safe?
BENQI is a non-custodial protocol with a high risk profile for SUSD 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 SUSD from BENQI?
Unstaking times depend on the network: Flexible (sAVAX is liquid). During the unstaking period, your SUSD won't earn rewards.
What fees does BENQI charge for SUSD staking?
BENQI charges 10% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake SUSD on other platforms?
Yes! You can compare all available platforms for SUSD staking on our How to Stake Staked USD Coin guide. Different platforms offer different APY rates, fees, and custody models.