Breaking: Coinbase Launches SUI Staking Services As Sui Hashi Testnet Goes Live

Coinbase has announced that it will be supporting staking on Sui (SUI) and eligible customers will be able to earn rewards directly from Coinbase. The announcement is part of another Sui milestone as it launches the Hashi testnet. For context, Hashi will serve as a platform for developers and institutional partners focused on Bitcoin infrastructure to test key features before moving to mainnet.

Coinbase Enables Sui Staking For Users

Announcing the feature on X on Wednesday, July 22, Coinbase said, “You can now stake SUI – directly on Coinbase.” The exchange added that users can receive “Instant rewards, accumulated straight to your account.” Meanwhile, it noted that users will benefit as there’ll be “less time spent searching, and more time spent earning.”

The exchange announced that it will allow users to start staking for a minimum of 1 SUI. Rewards are estimated in the range of 1.4% – 3.3% per year, and are paid out daily at the end of every 24-hour network epoch. Staking rewards are automatically added back into users’ staked balances through auto-compounding.

Coinbase noted staking is currently not available in all jurisdictions as well. “Staking is not available in all regions,” the exchange added in the announcement. It added that the information provided is not intended to be investment advice or a buy/sell recommendation for any digital asset.

Further, it’s worth noting that the Sui Staking launch coincided with Coinbase and the U.S. Securities and Exchange Commission (SEC) putting an end to the years long FOIA lawsuit. On Wednesday, the U.S. SEC agreed to pay $150,000 to  Coinbase for settlement.

You can now stake SUI – directly on Coinbase.

Instant rewards, accumulated straight to your account.

Less time spent searching, and more time spent earning. pic.twitter.com/7PdKdUJ4MH

— Coinbase 🛡️ (@coinbase) July 22, 2026

However, despite the slew of positive developments around the crypto exchange, its COIN stock is suffering from a downtrend. At press time, the COIN share price slumped 3.67% to $169.40 in the intraday trading session today.

About The Hashi Testnet Release

Coinbase’s Sui staking rollout is also in tandem with Sui’s Hashi testnet. This platform was launched to allow developers, financial institutions and custodians, and over 25 partners in the ecosystem to start building and testing financial applications using Bitcoin before the mainnet launch.

It aims to Sui’s high-performance blockchain with Hashi’s Guardian Layer. For context, the Guardian Layer is a security protocol that enhances the control of Bitcoin collateral.

In addition, it facilitates transparent and programmable on-chain finance. With this, the new infrastructure on Sui-backed Hashi testnet aims to provide a more robust and secure environment for on-chain finance.

Further, the project is set to extend Bitcoin’s use beyond simply being a store of value. It eyes to include BTC-focused financial applications like lending, credit products, yield strategies, and other institutionalized financial products on the Sui network.

For those looking for other crypto staking rewards, visit our page on Crypto Staking Platforms.