Yo, I just yanked all my SOL out of Coinbase staking, and I’m legit pissed I didn’t do it sooner. If you’re still staking SOL on Coinbase, hear me out, this is why you’re getting screwed and how you can easily 2x your returns. Let’s break it down:
- Coinbase APY is a joke: They’re having a pathetic 5-6% APY after skimming a massive cut. Meanwhile, liquid staking platforms like The Vault, Marinade, or Jito are pulling 6-8%+ and you keep your SOL liquid. Why settle for crumbs?
- Locked funds = missed pumps: SOL is pumping, you wanna sell or trade? Too bad. Coinbase locks your SOL for days, sometimes weeks if they pull their shady “withdrawal pause” nonsense. I’m not here to miss the next bull run.
- You’re leaving money on the table: Staking on Coinbase means no airdrops (huge in Solanas ecosystem), no DeFi yields, no lending profits. I was missing out on thousands in passive income just for Coinbases “convenience.”
But really, who is still shilling CEX staking in 2025? Either Coinbase fanboys getting paid or newbies who don’t know liquid staking exists. Am I missing something about Coinbase staking that makes it worth it? Or is everyone else just lazy, If you’re still on Coinbase, I wanna hear your reasoning. Change my mind!