Top 5 Platforms for NFT Staking: Reviews, Pros, and Cons

Top 5 Platforms for NFT Staking: Reviews, Pros, and Cons

NFT staking allows holders of non-fungible tokens (NFTs) to earn passive income while maintaining their assets. But with so many platforms available, how do you choose the best one for staking your NFTs? Let’s review the pros and cons of the top 10 NFT staking platforms to handpick the best options.

 

What Does Staking Mean in NFT?

NFT staking means locking up your NFTs on a platform to earn rewards in the form of cryptocurrency or other tokens.

Unlike traditional staking, which uses fungible tokens, NFT staking adds utility to digital collectibles, allowing owners to monetize their assets without selling them.

 

How Does NFT Staking Work?

When you stake your NFTs, you deposit them into a smart contract on a platform that supports NFT staking. The platform uses your NFTs to participate in the network or provide liquidity.

In return, you earn rewards, which are calculated based on the rarity and value of the staked NFTs. NFT staking can have different benefits.

Learn More: What Is NFT Staking? Is It Safe? What Are The Best NFTs?

 

The Benefits of NFT Staking

By staking NFTs, you can enjoy the following benefits:

  1. You can earn rewards without selling your NFTs.
  2. Staking adds functional value to NFTs.
  3. NFT staking is another way to grow your crypto portfolio.
  4. By staking NFTs, you can participate in platform governance or rewards.

Despite these benefits, staking NFTs can involve some risks.

 

The Risks of NFT Staking

Although staking NFTs on reputable platforms is generally safe, there might be the following risks:

  • Smart contract bugs or exploits can lead to the loss of assets.
  • Market volatility can cause shifts in NFT values and rewards.
  • NFTs have different lock-in periods, when assets may be inaccessible for a fixed period.
  • Some platforms may not be secure or reliable.

In addition to considering the risks involved, you need to consider the following factors before investing in NFTs.

 

Factors to Consider Before NFT Staking

To choose a suitable NFT staking platform, it is essential to consider the following key points.

  • Compare reward rates and Annual Percentage Yields (APYs) among different NFT platforms.
  • Check for transaction or staking fees and choose platforms that charge lower fees.
  • Verify the platform’s security and user reviews. Platforms with a stronger user base are more reliable.
  • Ensure the platform supports your NFTs.
  • Choose platforms with high community support: Platforms with active communities typically offer more robust features.

Considering these factors, we have compiled a list of the top 10 platforms for NFT staking to save you time.

Learn More: The Best Cardano NFT Marketplaces by Fee and Market Share

 

10 Best Platforms for NFT Staking

The following platforms are among the top 10 networks offering various features and competitive APYs for NFT staking.

  1. Binance NFT
  2. Rarible
  3. Splinterlands
  4. Aavegotchi
  5. NFTX
  6. Axie Infinity
  7. Kira Network
  8. Polygon Miden
  9. NFTFi
  10. Yield Guild Games

 

Platform 1: Binance NFT

Binance NFT is a prominent NFT marketplace within the Binance ecosystem, offering staking options for select NFTs. Its reliability, liquidity, and user-friendly features make it a popular platform among NFT enthusiasts.

Pros Cons
High APYs for premium NFTs, integrated with the Binance ecosystem and products
Reliable and secure
Limited collections supported
Staking fees apply
No advanced analytics tools
Complex setup for beginners

Binance supports NFTs on both the Binance Smart Chain and Ethereum, and charges a 2% transaction fee per stake. It offers an APY of up to 15% to 20%, depending on the NFT collection.

Binance NFT has received positive reviews and high ratings on listing platforms, with an average rating of 4.5/5 on Google and 4.4/5 on Trustpilot.

 

Platform 2: Rarible

Rarible is a reliable platform that offers different features for decentralized NFT staking. It supports Ethereum and Polygon blockchains and charges gas fees based on the network used.

It offers APYs between 8%-12%, depending on the user’s activity. It has received positive user reviews and ranks well on various listing platforms. For example, it holds ratings of 4.3/5 and 4.2/5 on Google and G2, respectively.

Pros Cons
Fully decentralized
Supports a wide range of NFTs
Easy-to-use interface
High gas fees for Ethereum
Limited staking rewards
Lower APYs than others

Learn More: The Best NFT Marketplaces in 2024 for Beginners by Fee and Volume

 

Platform 3: Splinterlands

Splinterlands is a blockchain-based trading card game that allows players to stake their in-game NFTs for rewards. It combines gaming with staking, creating an enjoyable experience for its users.

Pros Cons
Game-based NFT staking
Rewards based on game activity
Easy to use for gamers
Limited to gaming NFTs
Lower staking flexibility
Complex for non-gamers

Splinterlands exclusively focuses on game NFTs and charges minimal fees for staking through the in-game economy. Its APY varies depending on in-game performance but is usually between 5% and 15%.

Numerous users have recommended this platform and given it positive reviews. It is rated 4.4/5 on Google and 4.6/5 on GameFi Listings.

 

Platform 4: Aavegotchi

Aavegotchi is a gamified DeFi platform that combines non-fungible tokens (NFTs) with staking. Users can stake their Aavegotchi NFTs and earn rewards based on rarity and performance.

Pros Cons
Gamified staking experience
High rewards for rare NFTs
Active community
Niche use case for gamers
Limited NFT collections
Requires significant time commitment

Aavegotchi is integrated with Polygon, and its fees depend on the transaction type but are generally low due to the use of gas costs. Its APY ranges from 10% to 20%, depending on the NFT’s rarity.

Its user ratings on Google and Crypto Rankings are 4.5/5 and 4.6/5, respectively, indicating positive reviews and feedback from users about the platform’s performance.

 

Platform 5: NFTX

NFTX enables users to create and trade NFT index funds while staking NFTs to earn rewards. It offers liquidity to NFT holders by turning NFTs into fungible tokens.

Pros Cons
Liquidity-focused platform
Supports NFT fractionalization
Offers fungibility for NFTs
Higher fees than competitors
Limited supported blockchains
Complex setup process

One of the good features of NFTX is its compatibility and collaboration with Ethereum. Its transaction fees and gas costs vary based on the network. It offers an APY that ranges from 7%-15%, depending on NFT liquidity pools.

Users have rated NFTX highly on different listing platforms. For example, its average rating is 4.2/5 on Google and 4.3/5 on Trustpilot.

Learn More: 9 Best Ways to Generate Passive Income With Crypto

 

Platform 6: Axie Infinity

Axie Infinity is a play-to-earn blockchain game where users can stake their Axie NFTs to earn rewards based on in-game performance and rarity.

Pros Cons
Strong community
High rewards for active players
Gamified staking model
High entry costs
Rewards depend on gameplay
Limited to Axie NFTs

Axie Infinity is built on the Ronin Network (Ethereum sidechain), and its transaction fees are minimal on Ronin. Its APY is based on in-game activities but revolves around 12%-25%.

It has positive user ratings on various listing platforms, with 4.6/5 on Google and 4.7/5 on Blockchain Game Rankings.

 

Platform 7: Kira Network

Kira Network is a decentralized staking platform that supports NFTs and other tokens, providing a multi-asset staking experience.

Pros Cons
Multi-asset staking
High network security
Decentralized and transparent
Limited NFT collections
APYs lower for basic NFTs
Requires technical knowledge

The best thing about this platform is that it charges small transaction fees. Its APY ranges from 5%-10%, depending on the staked NFT or token. Its user ratings on famous listing platforms are above 4, for example, 4.2/5 on Google and 4.3/5 on Crypto Comparisons.

Learn More: What Are The Different Types of Staking? Which One Is The Best?

 

Platform 8: Polygon Miden

Polygon Miden is a Layer 2 scaling solution on Ethereum that supports NFT staking with low fees and high efficiency.

Pros Cons
Low gas fees
High scalability
Supports multiple NFTs
Still in the development phase
Limited platform partnerships
Lower APY than competitors

It is built on the Polygon network and charges minimal fees due to low gas costs. Its APY ranges from 5%-12%, depending on staking activity. Its user ratings on Goole and Polygon Ecosystem Rankings are 4.4/5 and 4.5/5, respectively.

 

Platform 9: NFTFi

NFTFi is a peer-to-peer lending platform on which users can use their NFTs as collateral to earn interest or take loans.

Pros Cons
Staking with collateral options
Flexible lending features
Supports a variety of NFTs
High risks for borrowers
Complex for beginners
Relatively high fees

It is an Ethereum-based platform, meaning that it supports Ethereum-compatible NFTs. The transaction fees this network applies depend on loan agreements. Its APY varies by loan agreement but is generally around 10%-20%. NFTFi’s user rating on Google is 4.1/5 and 4.0/5 on Trustpilot.

 

Platform 10: Yield Guild Games

Yield Guild Games (YGG) is a decentralized gaming guild where users can stake NFTs and earn rewards through play-to-earn mechanisms.

Pros Cons
Community-focused staking
Rewards based on game participation
Strong guild ecosystem
Limited to gaming NFTs
Requires active involvement
Lower APY for passive users

Yield Guild Games works with multiple blockchain-based games and charges different fees based on the game and guild structure. Its APY ranges from 8%-20%, depending on game participation.

Its user ratings on different listing platforms are positive. For example, it has ratings of 4.5/5 on Google and 4.6/5 on GameFi Reviews.

Learn More: 10 Best Coins to Stake in 2025 with the Highest Staking Rewards

 

5 Best Free NFT Staking Platforms 

If you want to stake NFTs without paying platform fees, here are the top five options:

  • NFTFi
  • Yield Guild Games
  • Rarible
  • Aavegotchi
  • Kira Network

 

5 Best NFT Staking Platforms in Solana

Solana is a popular blockchain for NFTs due to its speed and low fees. Here are five of the best NFT staking platforms on Solana:

  • SolSea
  • Solend
  • Metaplex
  • Magic Eden
  • Raydium

 

Steps to Stake Your NFTs

The steps of staking NFTs may slightly differ based on the platform you wish to use. However, all of them contain the following steps:

  1. Select a compatible NFT staking platform.
  2. Link a crypto wallet like MetaMask or Phantom.
  3. Pick the NFT(s) you want to stake.
  4. Approve the transaction via your wallet.
  5. Monitor your earnings and un-stake when necessary.

 

NFT Staking vs. Crypto Staking

NFT staking differs from Crypto staking in some ways, the first of which is that in NFT staking, we use non-fungible tokens, but in Crypto staking, we use fungible tokens.

These two also differ in terms of rewards, lock-in periods, and risks involved. The following table summarizes the main differences between staking NFTs and cryptocurrencies. 

Feature NFT Staking Crypto Staking
Asset Type Non-fungible tokens (NFTs) Fungible tokens (e.g., ETH, SOL)
Rewards Based on the rarity/ value of NFTs Network contribution-based
Lock-In Period Often variable Fixed in most cases
Risk Higher (market volatility) Moderate

 

Conclusion

NFT staking is transforming the way investors and collectors generate passive income from their digital assets. By choosing the right platform—like Binance NFT or Rarible—you can maximize rewards while minimizing risks.

Always DYOR (do your own research) before choosing a platform, compare APYs and ensure the platform aligns with your needs and investing strategies.