Yield
Gemini
Gemini is among the most heavily regulated US exchanges. After winding down the old Genesis-backed Earn program (users were made whole), its yield product today is straightforward proof-of-stake staking — not stablecoin lending.
Is Gemini safe? It scores B on our five safety checks, passing 4 of 5 — Regulation, Proof-of-Reserves, Flexible withdrawal, Track record (2+ years incident-free); not passed: Insurance Fund. Every check below cites the evidence behind it and links its source. See how it ranks against the other 41 venues we grade →
Why this grade
- ✓
Regulation
One of the most regulated US venues — a New York Trust Company under NYDFS charter since 2015, held to fiduciary and capital-reserve standards. Source →
- ✓
Proof-of-Reserves
Reserves are under NYDFS supervision and the GUSD stablecoin gets a monthly attestation by BPM LLP. Source →
- ✓
Flexible withdrawal
Staking has no platform lock-up — only the network's unbonding period (about 4 days for ETH) applies. Source →
- ✗
Insurance Fund
No separately disclosed insurance fund for staked assets; NYDFS instead requires excess capital reserves. Source →
- ✓
Track record (2+ years incident-free)
Founded 2014 by the Winklevoss twins. The Gemini Earn lending crisis (2022–23, via Genesis) ended with 100% of the ~$2.2B returned to users; no major exchange hack. Source →
Incidents we count
Known incidents
1- November 2022 Gemini Earn (a lending program run through Genesis) froze withdrawals after Genesis's collapse. Following bankruptcy proceedings, users recovered 100% of assets (~$2.2B); the SEC case was dismissed in 2026. Source →
All Gemini products
Yield products
as of Sep 26, 2026| Product | Rate | Type | Lock | |
|---|---|---|---|---|
| ETH | 2.0 % | staking | — | Open Gemini → |
| SOL | 4.0 % | staking | — | Open Gemini → |
| MON | 7.0 % | staking | — | Open Gemini → |
What would Gemini pay you?
How much will you earn?
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
How yields have moved
Source: daily snapshots via exchange API · accumulating since YieldScope launch
This is not an affiliate link. Price for you doesn't change.
Gemini review: what this platform is
Gemini is among the most heavily regulated US exchanges. After winding down the old Genesis-backed Earn program (users were made whole), its yield product today is straightforward proof-of-stake staking — not stablecoin lending.
How Earn works on Gemini
Staking is offered on ETH, SOL and — added in September 2026 — Monad (MON), always paid in the asset itself. Gemini publishes only ceilings — up to 2% APR on ETH, up to 4% on SOL, up to 7% on MON — and no base figure anywhere, so treat those as the maximum, not the expected rate. A staking services fee of up to 35% of rewards is deducted. There is no stablecoin or BTC yield product.
How to start on Gemini, step by step
- 01Open and verify a Gemini account.
- 02Deposit ETH, SOL or MON, then enable staking from the asset's page.
Should you park money here?
- +Top-tier US regulation (NYDFS Trust charter) and fiduciary standards.
- +Strong track record — users were made 100% whole after the Earn/Genesis episode.
- −No stablecoin or BTC yield — only ETH/SOL/MON staking.
- −Gemini closed all UK, EEA and Australian accounts on 6 April 2026, so staking is not available there; the commission trims the net rate.
Compare Gemini with others
Asset-by-asset rates and risk grades
Frequently asked questions
Is Gemini safe?
Is Gemini legit or a scam?
What are the rates on Gemini?
Can I withdraw quickly from Gemini?
What is the minimum deposit on Gemini?
Do you work at Gemini? The grade above is ours and is not for sale, but the right of reply is. Buy a page and write your own side →