SOL SOL — 7.96% APY Staking Pool

Multi-asset

The SOL SOL pool on Gmx V2 Perps (Arbitrum) currently yields 7.96% APY with $152.4K in total value locked. Deposit your SOL and earn passive DeFi yield — no KYC, no lockup, self-custodied.

By APY Hub · Reviewed by Ankit Sharma ·

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Pool Statistics

APY

7.96%

Base APY

7.96%

TVL

$152.4K

Protocol

Tokens

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APY & TVL History

Historical APY and TVL data for SOL SOL, 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 SOL SOL

The SOL SOL pool is a decentralized yield-generating position managed by the Gmx V2 Perps protocol on the Arbitrum blockchain. Depositors provide SOL 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 7.96% APY and $152.4K in total value locked, this pool represents an active liquidity opportunities in the Arbitrum 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 SOL SOL comes from trading fees and protocol activity (7.96% base APY). This fee-based yield is more sustainable than token-emission models since it directly reflects real economic activity through the pool.

Unlike centralized staking on exchanges, your deposit in SOL SOL is secured by Gmx V2 Perps's open-source smart contracts on Arbitrum. 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 SOL SOL?

This pool suits investors who already hold SOL 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 SOL in Gmx V2 Perps

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Follow these steps to start earning 7.96% APY in the SOL SOL pool. The entire process takes 15–30 minutes for first-time DeFi users.

Step-by-Step Guide: Staking SOL in Gmx V2 Perps
StepActionDetails & Tips
1Buy SOLPurchase on Bybit, BINGX, or MEXC. Choose the Arbitrum network for withdrawal to save bridging fees.
2Set up a walletInstall MetaMask or use a Ledger hardware wallet. Add the Arbitrum network if not auto-detected.
3Get Arbitrum for gasBuy a small amount of Arbitrum's native token to pay transaction fees (usually $1–10 worth).
4Connect to Gmx V2 PerpsVisit the official Gmx V2 Perps 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 Arbitrum, expect to spend approximately $0.10–$2 in gas for the deposit and withdrawal transactions combined. At 7.96% APY, a $22917 deposit recovers $5 in gas within a week. Scale your position accordingly — smaller deposits are better suited to low-fee chains.

Risk Assessment — SOL SOL

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

SOL SOL — 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–HighSOL can lose significant value. Your position's USD value moves with the asset price, independent of your yield.
Exposure Type🟡 Multi AssetMulti-asset exposure increases complexity. Understand how the pool rebalances before depositing.
Smart Contract⚠️ InherentAll DeFi protocols carry smart contract risk. Verify Gmx V2 Perps'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 Gmx V2 Perps's documentation, audit reports, and community reputation before committing large positions.

Frequently Asked Questions

What is the current APY for SOL SOL?

The current APY for the SOL SOL pool on Gmx V2 Perps is 7.96%. This rate updates daily based on pool utilization, trading volume, and protocol incentives. Always verify the live rate on the Gmx V2 Perps interface before depositing, as rates can shift significantly within hours.

What is the TVL of SOL SOL?

The total value locked (TVL) in the SOL SOL pool is currently $152.4K. Higher TVL indicates greater user trust and deeper liquidity — larger positions can enter and exit with minimal price impact.

How do I stake in SOL SOL?

Acquire SOL on a CEX like Bybit or BINGX, withdraw to a Arbitrum-compatible wallet, visit the official Gmx V2 Perps interface, connect your wallet, and deposit into the SOL SOL pool. Your yield begins accruing immediately.

Is SOL SOL safe to use?

Gmx V2 Perps is a DeFi protocol. As with all DeFi, smart contract risk is inherent. Check Gmx V2 Perps's audit history before depositing significant funds.

How do I withdraw from SOL SOL?

Connect your wallet to the Gmx V2 Perps 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 Arbitrum network.

Buy SOL 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