The best way to stake ETH in Illinois right now is sfrxETH (Frax Ether) at 2.51% net. Kraken doesn't offer ETH staking to Illinois residents, but Coinbase, Gemini, Binance.US, Robinhood do.
ETH staking options in Illinois
| # | Option↕ | Net yield↓ | Lockup / unbonding↕ | US availability | Source & updated | |
|---|---|---|---|---|---|---|
| 1 | Exchange KrakenBonded staking | 2.68% APY after provider fee | Variable exit queue (days to weeks) (network unbonding) | ✕ Not in IL | Kraken staking page Updated Oct 22, 2026 | Visit Kraken |
| 2 | Liquid tokenTop net yield sfrxETHFrax Ether | 2.51% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in IL | DeFiLlama Yields Updated Oct 22, 2026 | Website |
| 3 | Liquid token cbETHCoinbase Wrapped Staked ETH | 2.32% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in IL | DeFiLlama Yields Updated Oct 22, 2026 | Website |
| 4 | Liquid token mETHmETH Protocol | 2.30% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in IL | DeFiLlama Yields Updated Oct 22, 2026 | Website |
| 5 | Liquid token ETHxStader | 2.25% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in IL | DeFiLlama Yields Updated Oct 22, 2026 | Website |
| 6 | Liquid token wBETHBinance Staked ETH | 2.24% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in IL | DeFiLlama Yields Updated Oct 22, 2026 | Website |
| 7 | Liquid token stETHLido | 2.23% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in IL | DeFiLlama Yields Updated Oct 22, 2026 | Website |
| 8 | Liquid token osETHStakeWise | 2.20% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in IL | DeFiLlama Yields Updated Oct 22, 2026 | Website |
| 9 | Exchange GeminiCustodial staking | 2.00% “Up to” rate | Variable exit queue (days to weeks) (network unbonding) | ✓ Available in IL | Gemini staking page Updated Oct 22, 2026 | Visit Gemini |
| 10 | Liquid token rETHRocket Pool | 1.86% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in IL | DeFiLlama Yields Updated Oct 22, 2026 | Website |
| 11 | ETF ETH · Grayscale Ethereum MiniHeld in a brokerage account | 1.82% Est. to holder after fees | None — sell shares during market hours | ✓ Available in IL | Grayscale fund page Updated Oct 22, 2026 | Fund page |
| 12 | Exchange CoinbaseCustodial staking | 1.64% APY after provider fee | ~10 days | ✓ Available in IL | Coinbase staking page Updated Oct 22, 2026 | Visit Coinbase |
| 13 | Exchange Binance.USCustodial staking | 1.50% APY after provider fee | Variable exit queue (days to weeks) (network unbonding) | ✓ Available in IL | Binance.US staking page Updated Oct 22, 2026 | Visit Binance.US |
| 14 | ETF ETHE · Grayscale EthereumHeld in a brokerage account | -0.84% Est. to holder after fees | None — sell shares during market hours | ✓ Available in IL | Grayscale fund page Updated Oct 22, 2026 | Fund page |
| 15 | Exchange RobinhoodCustodial staking | Unavailable Robinhood shows its rate only inside the app. Fee: 25% of rewards. | Variable exit queue (days to weeks) (network unbonding) | ✓ Available in IL | Robinhood support Checked Oct 22, 2026 | Visit Robinhood |
| 16 | Native Native stakingDelegate from your own wallet | Unavailable No free, reliable public source for the network rate yet. | Variable exit queue (days to weeks) | ✓ Available in IL | — Checked Oct 22, 2026 |
State availability comes from each provider's own help page (linked in the FAQ and on our Illinois page). Use the filter above to hide options marked "Not in IL".
Other coins in Illinois: SOL · NEAR · ADA · DOT · ATOM · AVAX · TRX · SUI · TIA · INJ · APT · POL
Frequently asked questions
Can I stake ETH in Illinois?
Yes. Kraken doesn't offer ETH staking to Illinois residents, but Coinbase, Gemini, Binance.US, Robinhood do. Liquid staking tokens, staking ETFs and staking from your own wallet have no published state restrictions.
What is the best ETH staking rate in Illinois?
The best way to stake ETH in Illinois right now is sfrxETH (Frax Ether) at 2.51% net. The best exchange option for Illinois residents is Gemini at 2.00%.
Why do some exchanges block staking in Illinois?
Exchanges set state limits because of state securities or licensing rules. Their own help pages are the source: Kraken. Rules change, so confirm in the app before you stake.
Can I sell my staked ETH any time?
Yes with a liquid option: sfrxETH (Frax Ether) (2.51%) has no lockup. Native and exchange staking wait for the network unbonding period (Variable exit queue (days to weeks)).
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