The best way to stake ETH in Michigan right now is Kraken at 2.68% net. Every exchange we track for ETH (Coinbase, Kraken, Gemini, Binance.US, Robinhood) offers staking in Michigan.
ETH staking options in Michigan
| # | Option↕ | Net yield↓ | Lockup / unbonding↕ | US availability | Source & updated | |
|---|---|---|---|---|---|---|
| 1 | ExchangeTop net yield KrakenBonded staking | 2.68% APY after provider fee | Variable exit queue (days to weeks) (network unbonding) | ✓ Available in MI | Kraken staking page Updated Oct 22, 2026 | Visit Kraken |
| 2 | Liquid token sfrxETHFrax Ether | 2.51% Net of protocol fee | None — swap anytime (or redeem via protocol) | ✓ Available in MI | 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 MI | 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 MI | 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 MI | 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 MI | 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 MI | 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 MI | 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 MI | 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 MI | 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 MI | Grayscale fund page Updated Oct 22, 2026 | Fund page |
| 12 | Exchange CoinbaseCustodial staking | 1.64% APY after provider fee | ~10 days | ✓ Available in MI | 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 MI | 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 MI | 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 MI | 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 MI | — Checked Oct 22, 2026 |
State availability comes from each provider's own help page (linked in the FAQ and on our Michigan page). Use the filter above to hide options marked "Not in MI".
Other coins in Michigan: SOL · NEAR · ADA · DOT · ATOM · AVAX · TRX · SUI · TIA · INJ · APT · POL
Frequently asked questions
Can I stake ETH in Michigan?
Yes. Every exchange we track for ETH (Coinbase, Kraken, Gemini, Binance.US, Robinhood) offers staking in Michigan. Liquid staking tokens, staking ETFs and staking from your own wallet have no published state restrictions.
What is the best ETH staking rate in Michigan?
The best way to stake ETH in Michigan right now is Kraken at 2.68% net. The best exchange option for Michigan residents is Kraken at 2.68%.
Why do some exchanges block staking in Michigan?
No exchange we track restricts ETH staking in Michigan at the moment. Rules change, so confirm in the app.
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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