MOVECOIN — 0.62% APY Staking Pool

The MOVECOIN pool on Layerbank (Move) currently yields 0.62% APY with $55.2K in total value locked. Deposit your MOVECOIN and earn passive DeFi yield — no KYC, no lockup, self-custodied.

By APY Hub · Reviewed by Ankit Sharma ·

Start Earning 0.62%

Pool Statistics

APY

0.62%

Base APY

0.21%

Reward APY

0.41%

TVL

$55.2K

Protocol

Chain

Tokens

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APY & TVL History

Historical APY and TVL data for MOVECOIN, sourced from the DeFiLlama API. Use the charts to assess whether the current yield is a recent spike or a sustained rate. Sudden APY jumps often indicate new incentive programs — verify whether they are ongoing before making deposit decisions.

About MOVECOIN

The MOVECOIN pool is a decentralized yield-generating position managed by the Layerbank protocol on the Move blockchain. Depositors provide MOVECOIN liquidity and receive a share of the fees and rewards generated by pool activity — with no intermediaries, no KYC, and full on-chain transparency.

With 0.62% APY and $55.2K in total value locked, this pool represents an active liquidity opportunities in the Move DeFi ecosystem. The TVL figure reflects real user confidence — every dollar locked is a deposit from someone who chose this pool over thousands of alternatives.

How This Pool Generates Yield

Yield in MOVECOIN comes from two sources: base APY of 0.21% from trading fees and lending activity, and reward APY of 0.41% from Layerbank protocol incentives paid in governance tokens. The base APY is more sustainable long-term; the reward APY depends on the token price and incentive program duration.

Unlike centralized staking on exchanges, your deposit in MOVECOIN is secured by Layerbank's open-source smart contracts on Move. You can verify the exact contract addresses, see every transaction in the pool, and withdraw your position at any time without requiring anyone's permission.

Who Should Use MOVECOIN?

This pool suits investors who already hold MOVECOIN and want to put those assets to work beyond simply holding. The single-asset exposure makes this accessible even for investors new to DeFi liquidity provision.

How to Stake MOVECOIN in Layerbank

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Follow these steps to start earning 0.62% APY in the MOVECOIN pool. The entire process takes 15–30 minutes for first-time DeFi users.

Step-by-Step Guide: Staking MOVECOIN in Layerbank
StepActionDetails & Tips
1Buy MOVECOINPurchase on Bybit, BINGX, or MEXC. Choose the Move network for withdrawal to save bridging fees.
2Set up a walletInstall MetaMask or use a Ledger hardware wallet. Add the Move network if not auto-detected.
3Get Move for gasBuy a small amount of Move's native token to pay transaction fees (usually $1–10 worth).
4Connect to LayerbankVisit the official Layerbank app. Bookmark the URL. Never use links from DMs or social media.
5Approve & depositApprove the token spend, confirm the deposit transaction. Yield starts accruing in the next block.
6Track & harvestCheck back regularly. Some pools require manual reward claims — harvest and reinvest to maximize APY.

Gas Costs and Break-Even

On Move, expect to spend approximately $2–$30 in gas for the deposit and withdrawal transactions combined. At 0.62% APY, a $293777 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — MOVECOIN

Every DeFi investment involves risk. The table below summarizes the key risk factors specific to the MOVECOIN pool. Read carefully before depositing.

MOVECOIN — Full Risk Analysis
Risk FactorLevelDescription
Impermanent Loss✅ Low/NoneSingle-asset or stablecoin pool — impermanent loss risk is minimal or non-existent.
Asset Price Risk🟡 Moderate–HighMOVECOIN can lose significant value. Your position's USD value moves with the asset price, independent of your yield.
Exposure Type🟢 Single AssetYou're exposed to one asset — simpler risk profile, no price divergence between paired tokens.
Smart Contract⚠️ InherentAll DeFi protocols carry smart contract risk. Verify Layerbank's audit history before depositing.
Liquidity Risk🟡 MonitorLower TVL means larger deposits may face slippage on entry/exit. Check current depth before depositing.
Protocol Risk🟡 Verify auditsReview Layerbank's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions

What is the current APY for MOVECOIN?

The current APY for the MOVECOIN pool on Layerbank is 0.62%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Layerbank interface before depositing, as rates can shift significantly within hours.

What is the TVL of MOVECOIN?

The total value locked (TVL) in the MOVECOIN pool is currently $55.2K. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.

How do I stake in MOVECOIN?

Acquire MOVECOIN on a CEX like Bybit or BINGX, withdraw to a Move-compatible wallet, visit the official Layerbank interface, connect your wallet, and deposit into the MOVECOIN pool. Your yield begins accruing immediately.

Is MOVECOIN safe to use?

Layerbank is a DeFi protocol. As with all DeFi, smart contract risk is inherent. Check Layerbank's audit history before depositing significant funds.

How do I withdraw from MOVECOIN?

Connect your wallet to the Layerbank interface, navigate to your position, and select "Withdraw" or "Remove Liquidity." Your principal plus accrued yield returns to your wallet, minus gas fees on the Move network.

Buy MOVECOIN and Start Earning Today

Affiliate disclosure: APY Hub may earn a commission from partner links on this page. Bonuses and rates are subject to each exchange's terms; verify current offers before depositing.

Tangem
Safe wallet

10% discount

Ledger
Secure hardware wallet

Fast delivery