stacky.

How to Stake Symbol (XYM) on Ankr

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

Current APY

12.0%

Price

$0.0031

Platform Fee

2%

Platform Type

liquid

Start Staking XYM on Ankr

Ankr gives you full control of your assets.

Stake XYM on Ankr →

Step-by-Step: Stake XYM on Ankr

1

Get a compatible wallet

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

2

Acquire XYM

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

3

Visit Ankr

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

4

Stake and receive liquid tokens

Enter your XYM 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.

Ankr for XYM Staking: Pros & Cons

Pros

  • + Very low 2% fee — one of the cheapest liquid staking options
  • + 10+ supported chains
  • + Long track record since 2017
  • + ANKR token staking for additional rewards

Cons

  • - Lower TVL and liquidity vs Lido
  • - ankrTokens have fewer DeFi integrations
  • - Some chains have limited validator diversity

FAQ: XYM Staking on Ankr

What APY can I earn staking XYM on Ankr?
The current estimated APY for XYM staking is around 12.0%. Actual rates vary based on network conditions, validator performance, and Ankr's fee structure (2% of staking rewards).
Is staking XYM on Ankr safe?
Ankr is a non-custodial protocol with a high risk profile for XYM 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 XYM from Ankr?
Unstaking times depend on the network: Flexible. During the unstaking period, your XYM won't earn rewards.
What fees does Ankr charge for XYM staking?
Ankr charges 2% of staking rewards. These fees are typically deducted from your staking rewards automatically.
Can I stake XYM on other platforms?
Yes! You can compare all available platforms for XYM staking on our How to Stake Symbol guide. Different platforms offer different APY rates, fees, and custody models.