Chains / Dossier · № 116

Bitlayer

Bitlayer doesn't have native staking. Liquid staking and DeFi alternatives further down still let you earn yield.

Native staking Not available

Bitlayer uses Proof-of-Work — there is nothing to stake natively. See DeFi alternatives below.

Earn yield · DeFi options

How to earn yield on

Since Bitlayer doesn't have native staking, the way to earn on is through DeFi pools — either by lending it, providing liquidity, or wrapping it onto a chain that does support staking. DeFi adds smart-contract and (for LP) impermanent-loss risk.

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4 pools

Pool	Protocol	Type	Yield	Pool size ↓
enzo-finance - BTC BTC	EN Enzo Finance	lending	0.06%	$7.84Thousand	→
enzo-finance - USDT USDT	EN Enzo Finance	lending	8.78%	$1.65Thousand	→
enzo-finance - ETH ETH	EN Enzo Finance	lending	0.38%	$634	→
enzo-finance - USDC USDC	EN Enzo Finance	lending	0.53%	$412	→

Apps on this chain · ranked by value held

What's running on Bitlayer

Each protocol is a separate app. Lenders let you earn interest on what you deposit; DEXes let people swap tokens; liquid-staking apps give you a tradeable receipt for your staked coin. Tap any to see how to use it.

2 apps tracked

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App	Category	Chains	Best reward rate	Value held on Bitlayer ↓	Yield options
YB YBTC.B ybtc-b	Anchor btc	1	—	$89.5Million	—	→
DE DeSyn Basis Trading desyn-basis-trading	Basis trading	1	—	$11.3Million	—	→

Read up before you stake

Background reading on Bitlayer staking

Guide

What is staking?

The plain-English version: how locking your tokens earns you new tokens, and why the network pays you to do it.

Read the guide →

Guide

How blockchains differ from each other

Why Solana, Ethereum, and Cosmos chains pay different rates and why their security models differ.

Read the guide →

Guide

What does a validator actually do?

Validators run the chain. Pick a healthy one and your rewards arrive on schedule; pick a bad one and you can lose part of your stake.

Read the guide →

Frequently asked

What people ask about Bitlayer staking

What does staking on Bitlayer mean?

Staking on Bitlayer means locking your with a validator that helps run the network. In return, the network pays you a share of newly created tokens — similar to how a savings account pays interest, but the rate is set by the protocol, not a bank.

How much can I earn?

Right now the top validators on Bitlayer pay varies by validator per year, after their commission. The rate moves with the chain's inflation schedule and how much of the supply is staked overall.

Is staking safe?

Your tokens stay in your wallet — you never hand them over. The two real risks are slashing (the network can shrink your balance if your validator misbehaves, which is rare) and lock-up (you can't sell instantly during the unbonding period). Pick a validator with a track record and you sidestep most of the risk.

Can I unstake whenever I want?

Yes, but unstaking is not instant. Most chains have an unbonding period of a few days to a few weeks during which you don't earn rewards and can't sell. Liquid-staking tokens (like stETH for Ethereum) sidestep this by giving you a tradeable receipt token.

What wallet do I need?

Any non-custodial wallet that supports Bitlayer works — Phantom or Solflare for Solana, Keplr for Cosmos chains, MetaMask for Ethereum and EVM chains, Yoroi or Eternl for Cardano. Connect, choose a validator, click delegate. The whole flow takes a couple of minutes.

Terms used on this page

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