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STAKE DYDX SECURELY TO EARN REWARDS*

Staking your dYdX (DYDX) allows you to passively earn staking rewards for your help to secure the dYdX network.

Through the Ledger Live app, you can easily and securely delegate your dYdX (DYDX) to a validator and start earning rewards, passively.

Stake dYdX now
STAKE DYDX SECURELY TO EARN REWARDS*

WHY STAKING YOUR DYDX?

dYdX is a decentralized network and protocol designed to enable cross-chain communication and interoperability in the blockchain ecosystem. It aims to solve the challenges associated with bridging different blockchains and facilitating seamless asset transfers and communication between them. dYdX provides a decentralized network infrastructure that allows blockchain platforms to connect and communicate with each other.

Earn dYdX staking rewards*

Staking dYdX (DYDX) offers an average return of ∼6.5%. This rate may vary depending on different criteria.

*Staking Rewards are not guaranteed. Ledger provides no advice or recommendations on use of staking services.

Help yourself

By choosing the Ledger by Meria DYDX node validator, you help secure the network and validate transactions. You are part of the dYdX blockchain success!

STAKING YOUR DYDX IS BETTER WITH LEDGER

Highly secure

Grow your DYDX bag while securely holding them with your Ledger device. You are in control.

All in one place

You can manage, buy, swap, and stake your dYdX through Ledger Live with our partners. All your crypto needs, in one app.

Start with Ledger Live
Earn dYdX staking rewards

Earn dYdX staking rewards

You can earn passive income by participating in the dYdX network.

The current annual yield on dYdX is around ∼6.5%.

Enjoy peace of mind knowing that your dYdX tokens are working for you, generating consistent rewards through the staking program.



Estimate dYdX staking rewards

HOW DOES LEDGER'S SOLUTION WORK?

Get your device

A hardware wallet

that offers the best security for your crypto and NFTs - your assets always remain safe.

An app

to manage your crypto and access key services: buy, swap or grow your assets. Securely thanks to your hardware wallet.
Get your device

5 STEPS TO START SECURELY STAKING DYDX

01

Buy a Ledger hardware wallet

Ledger hardware wallets are the smartest way to securely store your assets.

02

Download Ledger Live

It’s your gateway to securely and easily buy, manage, stake, and grow your assets. All in one app.

03

Set up your device

Follow the setup steps, and create a dYdX account.

04

Buy crypto or transfer funds

Use Ledger Live to directly buy dYdX with our partners, or transfer your DYDX tokens from an exchange to your hardware wallet.

05

Start dYdX staking

Click the Earn rewards button on your dYdX account and choose 'Ledger by Meria' validator among the list. Select the amount and confirm.

Want to learn more about staking?

We answer all the basic questions you might have in our Ledger academy: What is staking? What’s the difference between Proof-of-Stake and Proof-of-Work? What is a validator?

You can also take a look at our School of Block series on Youtube to learn how to get started in staking and make your money work for you.

Visit our Ledger Academy

What is staking

Read the article

What is proof of stake

Read the article

Frequently Asked Questions

No, you can stake as much dYdX as you want.

dYdX staking rewards are distributed on a 28-day epoch basis. At the end of each 28-day epoch, stakers receive staking rewards in $DYDX.

When you unstake, there is a 14-day lockup period. This means after initiating the unstake, your $DYDX tokens are locked for 14 days before they can be withdrawn.

You have full ownership of your dYdX (DYDX) when you stake through Ledger by Meria validator node, unlike with crypto exchanges.

Delegating dYdX is safe. The user keeps control over his private keys and never loses ownership of the assets. Delegating your DYDX from a hardware wallet provides you with another layer of unbreakable security.

Choosing a validator is a personal decision, and it’s important to do your own research. When available, choose Ledger, a trusted validator that offers great rewards and best security.

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