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STAKING OPERATOR · FILE figment
Figment

Operator

Figment

Figment is a Toronto-based Web3 staking provider focused on institutional clients — exchanges, custodians, and treasuries. They've been validating since 2018 and run validators on 50+ chains. Their public-facing brand emphasises compliance and audit-ready reporting more than retail-facing yield optimisation.

Dossier №
00002
Tracked since
2026

Chains

6

Validators

7

Total stake (USD)

$3Billion

Avg fee

8.0%

Briefing

What to know about Figment

Scale

Figment operates across multiple major chains — running 7 validators across 6 chains, with competitive commission profile (avg 8.0%). Stake delegated to this operator earns the chain's network reward rate minus that commission, so a chain paying 5% with a 5% commission yields ~4.75% to the delegator.

Risk

No jailed validators detected on the chains we cover at the time of last refresh. Slashing risk on any individual validator passes through pro-rata to its delegators — operator-wide insurance is rare. Spreading large positions across two operators reduces concentration risk.

How we measure

Numbers above are pulled live from each chain's own RPC / LCD endpoint and refreshed hourly. Stake totals are denominated in each chain's native units (ATOM, SOL, ETH …) and converted to USD via spot prices for cross-chain comparability. Where a chain doesn't expose a particular field, that row hides rather than rendering a zero — nil values do not become 0.

Where they run multiple validators

Detail by chain

Validator Reward rate Commission Total stake
Figment 17.34% 5.0% 4,045,846,253,167
Ledger by Figment 17.34% 5.0% 5,008,301,206,921
Dossier №00002 · Last refresh 13 minutes ago
Visit Figment

Frequently asked

About Figment

Who is Figment?

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Figment is a professional staking operator — a company that runs validator infrastructure across blockchains so people don't have to. They currently run validators on 6 chains we track.

Is Figment trustworthy?

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When you delegate stake, you grant the operator the right to validate on your behalf — you don't transfer custody. The two questions to ask: have they been slashed (the chart on this page would show the gaps), and is their commission reasonable for the chain. The page header above shows their average fee, and the chain coverage section shows their reach.

How do I pick the right validator under this operator?

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On chains where they run multiple validators, the chain coverage section above shows the lead validator (highest reward rate after fees). Click into a chain card and you'll see all of their validators on that chain plus how each ranks. Lower commission isn't always better — uptime and stake size matter too.

Can I switch operators after I've staked?

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Yes, but it's not free. You either undelegate (which triggers the chain's unbonding period — a few days to a few weeks with no rewards) and then re-delegate, or use a 'redelegate' transaction if the chain supports it (Cosmos chains do; some chains don't). On Ethereum, switching pools means selling one LST for another, which has a transaction cost.