Earn FAQ

The Earn tab lists yield products and staking for supported assets and networks. When you deposit, your crypto goes into an on-chain protocol, and neither the return nor your deposit is guaranteed.

Is the APY guaranteed?

No. APY is an annual rate estimated from current conditions, and it changes with the market, demand and the protocol's activity, including after you deposit. What you actually earn depends on how the APY moves, how much you deposit and for how long, the network fees, and how the product works.

Can I lose my deposit?

Yes. Earn products carry smart contract, protocol, liquidity and market risks, and FxWallet doesn't guarantee your principal or any return. Each product shows a Risk level, from Low risk to High risk. Even at Low risk, part or all of your deposit can be lost if the protocol is hacked or runs out of liquidity.

Can I withdraw at any time?

It depends on the product, so check its Redemption rules before you deposit. With Flexible products you can ask to redeem at any time, but the funds arrive when the network and the protocol's liquidity allow. Other products take a set number of days to redeem or unstake. For staking, see Stake and unstake with Earn.

What does "external DApps" mean?

Some assets are available only through DApps that FxWallet doesn't run. Before you go to one, FxWallet shows You are leaving FxWallet. Check the website, the asset, the network and every transaction before you confirm anything there, and see Token approvals.

Do I pay fees?

Deposits, redemptions and claims are blockchain transactions, so each pays a network fee in the network's native coin. If you don't have enough, see Not enough gas for a transaction.

Why are my earnings lower than I expected?

Total Earned counts deposit earnings only for positions you created in FxWallet, while staking earnings include all the staking rewards in your wallet. The APY may also have changed since you deposited.

My deposit failed. What now?

Check the transaction's status and your balance. If the crypto left your wallet but your Earn balance didn't change, contact support with the transaction hash (TXID).