What is Staking?
CoinEx Staking is a financial service that allows you to earn stable on‑chain rewards by locking (staking) specific coins/tokens.
No active management is required; simply transfer supported tokens into the staking account, and the system will automatically participate in on-chain staking. Earnings are generated hourly and distributed daily, ensuring asset preservation and appreciation.
Currently, assets supported for staking include CET, ETH, SOL, ADA, TRX, DOT, and SUI, with more options to be provided in the future.
Staking Rules
1. Staking requirements
(1) Minimum staking amount: Varies by coin/token, as displayed on the “Staking” page.
(2) Maximum staking amount: No upper limit. You may stake any amount based on your account balance.
2. Redemption rules
(1) Minimum redemption amount: Must meet the minimum requirement for each token as shown on the redemption page.
(2) Redemption time: As displayed in real-time on the page. Once you’ve submitted a redemption request, no further staking rewards will accrue.
3. Annual Percentage Yield (APY)
The APY for staking is calculated based on the block rewards generated by the network for the previous day:
Staking APY = (Previous day’s total staking rewards * 365 / Previous day’s effective staked amount) * 100%
Where:
- Previous day’s total staking rewards: The total amount of block rewards generated on chain from 00:00 to 24:00 UTC the previous day.
- Previous day’s effective staked amount: The total staked amount that was confirmed on-chain for reward generation during the same period.
Note: The APY is derived from actual block reward data and updated in real-time.
4. Staking fees
(1) For CET: No service fee.
(2) For other coins/tokens: 10% of the staking rewards will be charged as a service fee.
Reward Rules
1. Source of Rewards
All staking rewards come directly from the block rewards generated by the corresponding blockchain networks, ensuring security and transparency.
2. Estimated reward calculation
Daily estimated reward = Your effective staking amount × Staking APY / 365
The APY used is calculated based on rewards over the last 24 hours and is for reference only. Actual rewards are determined by on-chain production.
3. Actual reward calculation
(1) Total user rewards = Total amount staked by all platform users that is on‑chain and eligible for rewards × Staking APY × (1 – platform fee) / 365
(2) Your actual daily reward = Your on‑chain effective staking amount × Staking APY × (1 – platform fee) / 365
(3) Assets under redemption: Once you’ve submitted a redemption request, no further staking rewards will accrue.
4. Reward distribution
(1) T+1 hour: Rewards begin to accrue 1 hour after staking and are settled every hour.
(2) T+1 day: Rewards are automatically distributed to your spot account at 00:30 (UTC) the next day.
Note: T refers to the time staking is confirmed, when the assets are deposited into the staking pool, and the staking process begins.