How to Stake DYDX on dYdX Protocol

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Staking DYDX tokens on the dYdX protocol allows you to earn rewards while securing the network. Supported wallets include Keplr, Ledger, Cosmostation, and OKX.

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Key Features


Step-by-Step Staking Guides

1. Staking via Ledger (Using Keplr)

  1. Install Keplr Extension

    • Download Keplr for Chrome: Keplr App.
    • Skip if you already have β‰₯1.1 DYDX.
  2. Connect Ledger Wallet

    • Select "Connect Hardware Wallet".
    • Ensure the Cosmos Ledger app is open.
  3. Switch to dYdX Network

    • Click the "Cosmos Hub" dropdown β†’ select "dYdX".
  4. Fund Your Wallet

    • Send β‰₯1.1 DYDX to your wallet address.
  5. Complete Staking via Allnodes

    • Follow platform-specific instructions.

2. Staking via Keplr Wallet

  1. Install Keplr

  2. Create/Import Account

    • Set up a new wallet or restore via mnemonic.
  3. Select dYdX Network

    • Navigate to "Cosmos Hub" β†’ switch to "dYdX".
  4. Deposit DYDX

    • Transfer β‰₯1.1 DYDX.
  5. Proceed with Allnodes

    • Finalize staking steps.

3. Staking via Cosmostation Wallet

  1. Download Cosmostation

  2. Set Up Wallet

    • Create an account and secure your mnemonic.
  3. Fund with DYDX

    • Deposit β‰₯1.1 DYDX.
  4. Select Cosmostation Wallet

    • Choose this option in Allnodes.
  5. Follow Allnodes Guidance

    • Complete the process.

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FAQ

❓ What’s the minimum DYDX to stake?

You need 1.1 DYDX (1 DYDX staked + 0.1 DYDX for fees).

❓ How long is the unbonding period?

30 daysβ€”no withdrawals during this time.

❓ Which wallets support DYDX staking?

Keplr, Ledger, Cosmostation, and OKX.

❓ Can I stake without Allnodes?

This guide assumes Allnodes integration; check dYdX docs for alternatives.


Keywords: DYDX staking, dYdX protocol, Keplr wallet, Ledger staking, Cosmostation, OKX, crypto rewards, unbonding period.


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