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Staked
55%
Staked
0%
Unstaked
45%
Unstaked
0%

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Staking Secret

Staking Stats

Est. Reward Rate APY

15.93%

Reward Change 24H

0.00%

Reward Change 30D

+1.23%

Asset Market Cap

$110.0M

Staking Market Cap

$61.0M

Tokens Staked

150.5M

Percent Staked

55.46%

Secret staking is on the rise this month.

The current estimated reward rate of Secret is 15.93%. This means that, on average, stakers of Secret are earning about 15.93% if they hold an asset for 365 days. The reward rate has not changed over the last 24 hours. 30 days ago, the reward rate for Secret was 15.74%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 55.46%. In other words, there are 150.5M of Secret staked, which means that Secret has a staking market cap of $61.0M. This is compared to a total asset market cap of $110.0M.

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Benefits of staking Secret

Put your crypto to work

Staking can be a way of making your Secret work by generating rewards, rather than collecting dust in your crypto wallet.

Support the projects you like

Staking can also be a way to contribute to the security and efficiency of Secret. By staking some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions.

It’s passive income

You can enroll with just a few clicks or when you join staking pools. While Secret is not available to stake on Coinbase, there are still plenty of options to stake.

FAQ

How to stake Secret?

You can earn rewards for Secret through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.

When can I start earning rewards with Secret?

You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.

What are the risks around staking Secret?

Staking requires your Secret to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Secret. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.

How much can I make staking Secret?

The current estimated reward rate of Secret is 15.93%. This means that, on average, you can earn about 15.93% for current block/epoc rewards for Secret.

How many Secret tokens are currently staked?

Currently, 150.5M are staked, which means that the staking market cap of Secret is $61.0M.

What percentage of Secret is currently being staked?

Of the available tokens, 55.46% is currently staked.