# Ethereum (ETH)

Ethereum is an open-source Layer 1 blockchain designed to enable decentralized applications. The network is secured using a Proof-of-Stake (PoS) consensus mechanism, and its native token, ETH, allows token holders to collect protocol staking rewards for helping secure the network.

## Market Cap

$225.2B

## Staking Reward Rate*

2.64%

## Price

$1,865.96

## Auto-Compounding

No

## Reward Frequency

1 Epoch (<Hour)

## Activation

Varies

## Withdrawal

Varies on Queue

### Slashing Penalties Enabled

Yes

*Staking Reward Rates (SRR) vary based on network conditions, delegation size, and infrastructure optimizations. Contact our team to explore your potential rewards.

## Why Stake Ethereum With Figment?

- The Ethereum mainnet went live on July 30, 2015
- Largest PoS Blockchain by Market Cap
- Staking withdrawal functionality was enabled in Q2 2023 with the successful Shapella upgrade
- Longest running smart contract platform
- Largest pool of staked assets among all networks $34B

## Ethereum Staking FAQ

**What is Figment's latest ETH staking performance?**

Figment’s average SRR Rate throughout Q2 was 3.15%. [Read more about our Q2 ETH Performance.](/content/insights/figments-q2-2025-ethereum-validator-report/index.html)

**What are the different types of ETH rewards?**

There are two different types of ETH rewards.

- **Consensus layer (CL)** rewards consist of new issuance from attestations, block proposals, and sync committee participation.
- **Execution layer (EL)** rewards are received by validators only when they are proposing blocks.

**What is the unstaking period for unstaking ETH?**

Unstaking on Ethereum requires permanently exiting your validator from the active set. The total amount of time it takes to unstake on Ethereum varies.

**What types of rewards reporting does Figment offer?**

Figment provides rewards reporting via your [Figment account](https://app.figment.io/sign-up?utm_source=Website&utm_medium=Stake-ETH&utm_content=FigmentAccount&utm_term=text&utm_campaign=organic).

**Can I access my ETH rewards while continuing to stake?**

Post Shanghai & Capella upgrades, partial withdrawals allow stakers to access a portion of their CL rewards.

**How does Figment mitigate ETH staking risks such as slashing?**

Figment mitigates ETH staking risks such as slashing by applying our “safety over liveness” approach, which prioritizes security.