ETH Staking — Best APY Rates

Compare all ETH staking pools across DeFi protocols. APY Hub tracks 100 pools containing ETH across 12 chains with a combined TVL of $2.54B. Find the best ETH yield for your risk profile — from conservative stable returns to aggressive high-APY strategies.

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Token Statistics

Best APY

1309.61%

Total TVL

$2.54B

Pools

100

Chains

12

Buy ETH on These Platforms

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

Best ETH Staking Pools

The table below shows the top 20 ETH pools by TVL. Click any pool for APY history charts, risk details, and a step-by-step deposit guide.

PoolProtocolChainAPYTVLTags
ETH Justlend Tron 0.00% $1.11B
ETH Liquity V1 Ethereum 0.00% $176.40M
ETH Fluid Lite Ethereum 0.00% $164.73M
ETH Fluid Lending Ethereum 3.32% $122.40M
ETH STETH Curve Dex Ethereum 5.90% $97.22M
WSTETH ETH Fluid Dex Ethereum 0.00% $82.32M
ETH+ Reserve Protocol Ethereum 2.84% $78.79M
ETH USDC Gmx V2 Perps Arbitrum 7.86% $62.69M IL
ETH STETH Convex Finance Ethereum 5.90% $53.27M
ETH Fluid Lending Ethereum 3.32% $39.90M
ETH USDC Uniswap V4 Ethereum 9.45% $31.74M IL
ETH STETH Curve Dex Ethereum 4.77% $25.60M
ETH STETH Convex Finance Ethereum 4.78% $24.37M
ETH USDT Uniswap V4 Ethereum 551.06% $23.94M IL
ETH Bancor V3 Ethereum 0.05% $18.81M
ETH ETH Gmx V2 Perps Arbitrum 4.01% $18.52M
WSTETH ETH 25X Seamless V2 Ethereum 0.00% $17.65M IL
YOG ETH Morpho V1 Katana 9.19% $17.11M IL
ETH AZTEC Uniswap V4 Ethereum 0.44% $16.10M IL
WEETH ETH Fluid Dex Ethereum 0.00% $15.71M

View all 100 ETH pools →

How to Earn Yield on ETH

Earning passive yield on ETH through DeFi gives you the ability to grow your holdings without selling. The key is choosing the right strategy for your goals — whether that's maximizing yield, preserving principal, or maintaining full price exposure to ETH.

APY Hub shows 100 pools where ETH can be deployed. These span 30 protocols and 12 blockchain networks, each with different mechanics and risk profiles. Before depositing, understand the pool type and what drives its yield.

Yield Strategies for ETH

ETH Yield Strategies by Risk Level
StrategyRisk LevelTypical APYIL RiskBest For
Single-asset lendingLow2–10%NoneConservative yield, no IL
Stable pair liquidity (ETH/USDC)Low–Medium5–25%LowModerate yield, limited IL
Volatile pair AMMMedium–High10–100%+Moderate–HighMax yield, accepts IL risk
Yield aggregatorMedium5–30%VariesAuto-compounding, passive
Protocol incentive farmingHigh50–500%+VariesShort-term, active management

Understanding APY Sources for ETH

Not all APY is created equal. The two main yield sources have very different sustainability profiles:

Base APY (fee income): Comes from trading fees in AMM pools or interest from borrowers in lending markets. This yield reflects real economic activity — every swap generates fees, every loan accrues interest. Base APY is more sustainable and tends to hold even as incentive programs end. It fluctuates with market activity but rarely collapses to zero.

Reward APY (token emissions): Comes from the protocol distributing its own governance tokens as incentives. High reward APY often makes pools look extremely attractive — 100%+ APY is common when a new protocol launches. However, reward APY depends on both the emission rate and the token's price. When emissions slow or the token price drops, reward APY can collapse from 200% to 5% in weeks. For long-term positions in ETH pools, prioritize pools with meaningful base APY rather than those entirely dependent on rewards.

Step-by-Step: Staking ETH in DeFi

How to Deposit ETH into a DeFi Pool
StepActionNotes
1Acquire ETH on a centralized exchangeBybit, BINGX, MEXC, or similar
2Set up a self-custody Web3 walletMetaMask (browser), Rabby (multi-chain), or Ledger (hardware)
3Withdraw ETH to your walletSelect the correct chain when withdrawing
4Ensure you have gas token for the chainETH for Ethereum/Arbitrum/Base, SOL for Solana, etc.
5Navigate to protocol dApp (verify URL)Bookmark from official docs — never click links in DMs
6Connect wallet and approve ETH spendingApproval is a separate gas transaction from the deposit
7Deposit ETH and confirm pool positionYou'll receive LP tokens or vault shares as receipt
8Monitor and claim rewards periodicallyEach claim is a gas transaction — batch claims where possible

Choosing the Right Pool for ETH

With 100 pools available for ETH, the choice can feel overwhelming. Apply these filters to narrow your options:

TVL filter: Start with pools above $1M TVL. Higher TVL means more users have trusted the protocol with capital — it's not a guarantee of safety, but it's a meaningful signal. It also means better liquidity for your entry and exit.

APY composition: For each candidate pool, check the base APY versus reward APY split (available on each pool's detail page). If 90%+ of APY comes from rewards, understand the reward program timeline before committing.

IL assessment: If a pool is marked with the IL tag, research the two assets in the pool. If you believe ETH will significantly outperform (or underperform) the paired asset, multi-asset pools may reduce your effective ETH holdings through impermanent loss. For strong directional views, single-asset pools eliminate this risk entirely.

Chain selection: ETH pools exist on 12 chains including Tron, Ethereum, Arbitrum. Factor in gas costs when comparing same-protocol pools across chains — a pool with 2% higher APY on mainnet may actually return less than its L2 equivalent once gas costs are included, especially for smaller positions.

Risk Management for ETH Positions

DeFi investing in ETH pools carries real risks that must be managed proactively. Smart contract risk is present in every pool — the protocol's code may contain vulnerabilities that weren't caught in audits. Mitigate by using only protocols with multiple independent audits from reputable firms (Trail of Bits, OpenZeppelin, Sherlock) and sustained TVL over 12+ months.

For non-stablecoin ETH positions, market price risk affects the dollar value of your holdings regardless of yield. A 20% APY pool with a 50% token price decline results in a net loss in dollar terms. Size your ETH DeFi positions as a subset of your total ETH allocation — don't put 100% of your ETH into DeFi pools unless you've thoroughly assessed the risks.

For tax purposes, yield accrual and each reward claim from ETH pools is typically a taxable event in most jurisdictions. Keep detailed records of deposits, withdrawals, and reward claims with timestamps and dollar values at the time of each transaction. Several DeFi tax tools (Koinly, TokenTax, CoinTracker) can automate this tracking by connecting to your wallet address.

Frequently Asked Questions

What is the best APY for ETH staking?

The highest current APY for ETH across DeFi protocols tracked by APY Hub is 1309.61%. Rates change daily based on pool utilization, trading volume, and protocol incentives. Verify the current rate on the protocol's own interface before depositing — APY Hub data has up to 24-hour lag.

Where can I stake ETH?

ETH has staking pools across 30 protocols on 12 chains: justlend, liquity-v1, fluid-lite, fluid-lending and more. Each protocol page shows APY, TVL, and risk tags. Click any pool in the table above for step-by-step deposit instructions.

What are the risks of staking ETH?

Main risks for ETH staking: smart contract vulnerability in the chosen protocol, market price decline of ETH itself (for non-stablecoin tokens), impermanent loss if deposited in multi-asset AMM pools (51 pools marked with IL tag), and protocol-specific risks like oracle manipulation or governance attacks. Always verify audit status and never risk more than you can afford to lose.

Is it better to stake ETH on a CEX or in DeFi?

CEX staking (Bybit, Binance, Coinbase) is simpler, doesn't require gas fees or wallet setup, and carries no smart contract risk. However, it requires KYC, you lose custody of your assets, and APY is typically lower. DeFi staking offers higher yields, full self-custody, and no KYC requirement but requires technical knowledge and gas fees. Many investors use both: CEX for simplicity, DeFi for higher returns on a portion of holdings.

How do I buy ETH to stake?

Purchase ETH on major centralized exchanges such as Bybit, BINGX, or MEXC. After buying, withdraw to a self-custody Web3 wallet (MetaMask or Ledger hardware wallet) on the appropriate blockchain network. Then connect your wallet to the DeFi protocol of your choice and deposit into your selected ETH pool.

Top Exchanges to Buy ETH

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