Staking Policy
Please Read This Carefully
BY PROCEEDING TO OPT-IN TO THE STAKING SERVICES, YOU ACKNOWLEDGE AND AGREE TO THE TERMS AND CONDITIONS SET OUT IN THE NDAX USER AGREEMENT AND THE ADDITIONAL TERMS AND CONDITIONS SET OUT BELOW.
General Risks
The Staking Services are subject to all of the terms and conditions of the Ndax User Agreement, which may be amended from time to time.
You have no right to receive staking rewards associated with the Staking Services unless and until such rewards are successfully received by Ndax through a validation transaction. Once received by Ndax, the applicable rewards will be credited to your account balance.
Ndax does not guarantee that you will receive any specific staking reward. Any Annual Percentage Yield (APY) or rewards percentage displayed by Ndax is an estimate only and may change at any time, without prior notice, at Ndax’s sole discretion.
The Staking Services are offered on an opt-in basis only. Ndax assumes no liability for losses arising from participation in staking, including losses resulting from blockchain or smart contract vulnerabilities. Network events outside of Ndax’s control may cause the Staking Services to operate incorrectly. Such events may result in:
- Slashing penalties;
- Reduced staking rewards; or
- No staking rewards being generated.
Ndax is under no obligation to reimburse users for slashing penalties or missed staking rewards.
Applicable laws, regulations, judicial decisions, and regulatory interpretations may affect Ndax’s ability to provide the Staking Services and may impact the value, transferability, or use of supported crypto assets. The tax treatment of staking rewards is uncertain and varies by jurisdiction. You are solely responsible for determining, reporting, and paying any taxes arising from your participation in staking. Ndax does not provide investment, legal, accounting, or tax advice. You should conduct your own due diligence and consult your own professional advisors before participating in the Staking Services.
Your staked crypto assets are not eligible for deposit insurance or any protection from either the Canada Deposit Insurance Corporation or (CDIC) or Canadian Investor Protection Fund (CIPF).
Certain Staking Services Terms
You may cancel your opt-in to staking for any supported crypto asset within the first four (4) hours following your initial opt-in. The following table sets out the applicable redemption terms for each supported staking asset.
Crypto Asset | Instant Redemption / Standard Redemption | Reward Payments | APY | Ndax Admin Fee | Bonding Period | Unbonding Period |
ETH | Standard | Weekly | 2-4% | 20% | 3 days | 3 days |
DOT | Instant or Standard | Daily | Up to 5.25% | 20% | 2 days | 2 days |
ADA | Instant or Standard | Daily | 2.8% | 20% | 1 day | None |
GRT | Instant or Standard | Weekly | Up to 5% | 20% | 1 day | 28 days |
POL | Instant or Standard | Daily | 2% | 20% | 1 day | 5 days |
SOL | Standard | Daily | 5-7% | 20% | 3 days | 3 days |
NEAR | Standard | Daily | 5% | 20% | 2 days | 2 days |
ATOM | Standard | Daily | 13% | 20% | 2 days | 21 days |
TIA | Standard | Daily | 6% | 20% | 2 days | 21 days |
INJ | Standard | Daily | 4.5% | 20% | 2 days | 21 days |
SEI | Standard | Daily | 3.5% | 20% | 2 days | 21 days |
SUI | Standard | Daily | 1.2% | 20% | 2 days | 5 days |
S | Standard | Daily | 3.8% | 20% | 2 days | 14 days |
AVNT | Standard | Daily | 10% | 20% | 2 days | 2 days |
Tao | Standard | Daily | 4% | 20% | 2 days | 2 days |
| HBAR | Standard | Daily | 1.0% | 20% | 1 day | 1 day |
| GRAM | Standard | Daily | 10.0% | 20% | 2 days | 2 days |
| HYPE | Standard | Daily | 1.5% | 20% | 1 day | 10 days |
Definitions
Instant Redemption
Instant Redemption may be available for flexible staking plans on a first-come, first-served basis, subject to available liquidity.
If Instant Redemption is selected:
- Your opt-out request takes effect immediately.
- You forfeit any rewards generated during the current reward period.
- Availability is subject to Ndax’s liquidity management requirements to fulfill client instructions to sell or transfer crypto assets before completion of the applicable unbonding period.
Standard Redemption
Standard Redemption means your opt-out request becomes effective only after the applicable unbonding period shown in the table above. During this period, you continue to earn staking rewards through the end of the current reward period.
Ndax Admin Fee
The Ndax Admin Fee is the percentage fee charged on the staking rewards generated for a supported crypto asset.
Bonding Period
The Bonding Period is the amount of time required after staking begins before the applicable crypto asset starts generating staking rewards.
Unbounding Period
The Unbonding Period is the amount of time required to hold your eligible staked crypto assets after opting-in to the Staking Service before you are able to opt-out.
Last updated: September 18, 2026