Crypto can feel complex, but staking your assets should be simple. That’s why we launched Phemex On-chain Earn—a secure, user-friendly way to earn rewards on assets like ETH and SOL, right from your Phemex account. No external wallets, no DeFi complexities, just seamless staking that puts your crypto to work. The ETH pool shines with extra perks, offering staking rewards plus points from partners like Mellow and Symbiotic that could unlock future token airdrop opportunities. Here’s why On-chain Earn stands out, how it works, and what you need to know.
Why We Built On-chain Earn
Staking in DeFi can be complex—gas fees, wallet setups, and protocol risks often make it challenging. Traditional centralized earn programs, while simpler, can lack transparency or flexibility. We saw an opportunity to make staking easier and better.
Phemex On-chain Earn simplifies the process. It lets you earn staking rewards directly in your Phemex account while supporting blockchain networks like Ethereum and Solana. We handle technical details, so you can focus on growing your crypto with ease. Whether you’re holding ETH, SOL, or other supported assets, On-chain Earn is built to be intuitive, secure, and open to everyone.
Why ETH Staking Stands Out
ETH staking on Phemex is a step above. Beyond standard staking earnings, you collect exclusive points from Mellow and Symbiotic that may convert into future token airdrops. Here’s why it’s worth considering:
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Steady ETH staking rewards.
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Extra points for potential token airdrops.
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One-click staking, no external wallets or gas fees needed.
These points are earned based on the value of your staked ETH, offering additional rewards alongside staking yields.
How On-chain Earn Works
We designed On-chain Earn to be clear and straightforward. Here’s the process:
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Stake Directly in a DeFi Protocol: Pick an asset like ETH or SOL from your spot wallet and stake it into an on-chain protocol. No external wallet or fees—just a click.
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Earn On-chain Rewards: Tap into competitive APRs from blockchain networks, with rewards accruing directly on-chain.
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Grow Your Holdings: Your assets build value over time, supported by Phemex’s secure infrastructure and trusted partners like xHash.
ETH stakers also collect Mellow and Symbiotic points, visible in your account alongside regular rewards.
What You Get with On-chain Earn
On-chain Earn is built to make staking seamless. Here’s what it offers:
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No Hassle: Stake in one click, no wallets or gas fees required.
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ETH Bonus: Earn staking rewards plus Mellow and Symbiotic points for potential token airdrop opportunities.
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Clear Tracking: See your rewards and points in real-time on your Phemex dashboard.
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Flexible Access: Unstake based on protocol timelines (~14 days for ETH, ~1 day for SOL).
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Trusted Security: Your assets are protected by Phemex’s institutional-grade systems.
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Network Impact: Your stake helps secure blockchain networks like Ethereum and Solana.
Supported Assets
On-chain Earn currently supports ETH and SOL, with more assets on the way:
| Asset | Estimated APR | Redemption Timing | Additional Perks |
| ETH | Variable (network-based) | ~14 days | Mellow & Symbiotic points (potential future airdrops) |
| SOL | Variable (network-based) | ~1 day | Standard staking rewards |
ETH rewards come from token issuance and transaction fees, often via liquid staking (e.g., stETH), where your token count stays fixed but redeems for more ETH over time. The points APR for ETH reflects the estimated rate of platform points, adding extra value.
Who Can Join?
Anyone with a verified Phemex account and ETH, SOL, or other supported assets in their spot wallet can stake. No minimums, no VIP requirements—just your assets in your main spot wallet (sub-accounts aren’t eligible). New to Phemex? Sign up, deposit or buy crypto, and start staking in minutes.
How It Stacks Up
Compared to traditional staking, On-chain Earn cuts the friction:
| Feature | Phemex On-chain Earn (ETH) | Traditional ETH Staking |
| Setup | One-click, no wallet | External wallet & setup |
| Rewards | Staking APR + points | Staking APR only |
| Costs | No gas fees | Gas fees apply |
| Security | Exchange-grade protection | User-managed risks |
| Redemption | ~14 days (protocol-based) | ~14 days or validator-based |
Phemex simplifies staking while adding value through points and trusted partners like xHash, Mellow, and Symbiotic.
Where Rewards Come From
Rewards are sourced from network token issuance (inflation) and transaction fees. For ETH, this includes consensus and validator rewards, with some pools (like stETH) adding MEV revenue. Estimated APRs depend on:
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Total staked assets on the network
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Network inflation rate
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Validator performance
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Transaction fee volume
Actual returns may vary, and liquid staking rewards grow through a rising exchange rate. ETH points from Mellow and Symbiotic add potential for future airdrop opportunities.
Risks to Understand
Like any on-chain strategy, staking with On-chain Earn involves risks to consider:
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Smart Contract and Protocol Risks: Code bugs, governance changes, or oracle issues could affect your assets.
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Validator and MEV Variability: Staking rewards and MEV income can fluctuate; slashing risks are typically mitigated by diversified pools.
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Liquidity and Exit Risks: Exit queues or epoch timings (e.g., ~14 days for ETH) may delay access, and on-chain liquidity can vary.
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Price and Peg Risks: Asset prices or liquid staking token exchange rates may fluctuate, impacting your principal’s value.
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Bridging and Network Risks: Layer-2 or cross-chain operations may introduce operational challenges.
Phemex selects protocols with care, and we encourage users to review the On-chain Earn User Agreement and assess their risk tolerance before staking.
Why On-chain Earn Matters
Your crypto should empower you to build wealth with ease. On-chain Earn breaks down the barriers to staking, letting you earn rewards without the complexity of DeFi or the limitations of some centralized programs. Whether you’re staking ETH for its bonus points or SOL for quick access, it’s designed to be clear, secure, and user-friendly.
Plus, your stake strengthens the decentralization and security of networks like Ethereum and Solana.
Plus, your stake strengthens the decentralization and security of networks like Ethereum and Solana.
With more assets coming, On-chain Earn is your starting point for growing your crypto portfolio with confidence.
Start Earning Rewards Now
Don’t let your crypto sit idle—jump in and start staking today! Head to the On-chain Earn page, choose ETH or SOL from your spot wallet, and get started with a single click to maximize your gains.
FAQs
What Assets Can I Stake?
ETH and SOL are supported, with more assets planned. ETH staking includes Mellow and Symbiotic points for potential token airdrop opportunities.
How Are Rewards Calculated?
Rewards come from network inflation and transaction fees, with estimated APRs on your dashboard. ETH points accrue based on staked value.
What’s the ETH Unstaking Period?
ETH takes ~14 days to unstake due to Ethereum’s protocol. SOL is ~1 day. Check details before unstaking.
Are Points Guaranteed to Become Airdrops?
No, Mellow and Symbiotic points offer potential token airdrop opportunities but depend on third-party terms.
Is My Principal Safe?
Staking carries risks like smart contract issues and market volatility. Review the risks and evaluate carefully.
