Coinbase
What is Andromeda?
Learn more about Andromeda and get live price data, news, history, and more.
Read more
Andromeda
ANDR
Andromeda staking is not supported by Coinbase.
Staked
14%Staked
0%Unstaked
86%Unstaked
0%Add to your watchlist
Create your Coinbase account to stake crypto
Get started
*Ability to stake subject to location and rate subject to change.
Staking Andromeda
Staking Stats
Est. Reward Rate APY
12.62%
Reward Change 24H
0.00%
Reward Change 30D
+5.35%
Asset Market Cap
€334.0K
Staking Market Cap
€46.1K
Tokens Staked
31.4M
Percent Staked
13.79%
Powered by Staking Rewards
Andromeda staking is on the rise this month.
The current estimated reward rate of Andromeda is 12.62%. This means that, on average, stakers of Andromeda are earning about 12.62% 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 Andromeda was 11.98%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 13.79%. In other words, there are 31.4M of Andromeda staked, which means that Andromeda has a staking market cap of €46.1K. This is compared to a total asset market cap of €334.0K.
Related assets
Available to stake
Crypto assets that are currently available to earn rewards through staking on Coinbase.
Similar staking cap
Of all the assets on Coinbase, these are the closest to Andromeda in staking market cap.
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Discover more assets
A selection of other relevant cryptocurrencies
Learn More
Benefits of staking Andromeda
Put your crypto to work
Staking can be a way of making your Andromeda 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 Andromeda. 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 Andromeda is not available to stake on Coinbase, there are still plenty of options to stake.
FAQ
How to stake Andromeda?
You can earn rewards for Andromeda 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 Andromeda?
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 Andromeda?
Staking requires your Andromeda to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your Andromeda. 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 Andromeda?
The current estimated reward rate of Andromeda is 12.62%. This means that, on average, you can earn about 12.62% for current block/epoc rewards for Andromeda.
How many Andromeda tokens are currently staked?
Currently, 31.4M are staked, which means that the staking market cap of Andromeda is €46.1K.
What percentage of Andromeda is currently being staked?
Of the available tokens, 13.79% is currently staked.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.