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Staking

Last updated: Feb 24, 2026

Synthetix offers two staking products on Ethereum Mainnet.

SNX Staking

SNX is the governance and utility token of the Synthetix protocol. By staking SNX, you:

  • Help secure the protocol by backing the exchange with SNX collateral
  • Participate in governance decisions that shape the protocol's direction
  • Earn staking rewards distributed from protocol revenues

SNX staking is available on Ethereum Mainnet via the 420 Staking App.

sUSD

sUSD is the primary over-collateralised stablecoin of the Synthetix ecosystem. It is minted by SNX stakers and serves as a key asset on the exchange.

You can put sUSD to work by:

  • Providing liquidity in the sUSD/sUSDe Curve pool to earn LP incentives
  • Following the SLP Vault status page for future user deposit availability

Legacy staking (Optimism)

If you previously staked using legacy Synthetix v2 systems on Optimism, your position may still exist there. If your position does not appear, it may need to be recovered — contact support via the chat widget.

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