Staking DYDX is a great way to earn rewards while contributing to the security and decentralization of the dYdX Chain. If you’re looking for a trusted validator, Nansen offers a secure and efficient way to stake your DYDX tokens.
In this guide, we’ll walk you through the staking process, including setting up your wallet, delegating your tokens, and optimizing your staking experience.
Why Stake DYDX?
Staking DYDX tokens allows you to:
- Earn staking rewards in DYDX
- Support the decentralization of the dYdX blockchain
- Help secure the dYdX network
By staking with a reliable validator like Nansen, you maximize your rewards while ensuring your tokens are staked with a trusted partner.
Step 1: Set Up a Compatible Wallet
To stake DYDX on dYdX Chain, you’ll need a Cosmos-compatible wallet. The two recommended wallets are:
• Leap Wallet – A user-friendly wallet built for the Cosmos ecosystem
• Keplr Wallet – A widely used wallet with support for staking and governance
Once installed, create a new wallet or import an existing one using your recovery phrase.
Step 2: Fund Your Wallet with DYDX
Before staking, ensure you have enough DYDX tokens in your wallet. If you haven’t purchased DYDX yet, you can:
- Buy DYDX on centralized exchanges like Binance, Coinbase, or Kraken
- Bridge DYDX to the dYdX Chain from Ethereum using a supported bridge
- Transfer DYDX from another Cosmos wallet
Make sure you also have a small amount of DYDX for transaction fees!
Step 3: Delegate DYDX to Nansen
Now that you’re connected, it’s time to stake with Nansen.
- Go to Nansen Staking Hub
- Connect your wallet
- Enter the amount of DYDX you wish to stake
- Confirm and approve the transaction
Your DYDX tokens are now staked, and you’ll start earning staking rewards.
Why Stake DYDX with Nansen?
Choosing the right validator is essential to maximize rewards and ensure the security of your staked assets. Nansen is a trusted blockchain analytics platform and a leading validator in the Cosmos ecosystem.
- Secure and Reliable – Nansen operates high-performance validator nodes
- Competitive Rewards – Earn optimized staking yields
- Proven Expertise – A leader in blockchain analytics and security
By staking DYDX with Nansen, you’re not only earning rewards but also supporting the security and decentralization of the dYdX Chain.
Start Staking DYDX with Nansen
Ready to stake? Stake your DYDX to Nansen today.
