Skip to content
YieldScope
Get rate alerts
Platform review/crypto

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 44 venues we grade →

#14 of 36ETH2.0 %
Open account on Gemini →
Safety grade
B
4 of 5 criteria passed
🟡Medium risk
Verified Oct 18, 2026 Manual review
JurisdictionUSA (New York Trust Company, NYDFS)Founded2014Minimum$1Insurance Fund—Yield products4Only available inUS, PR, VI, BS, BM, VG, KY, CR, DO, JM, MX, PA, LC, VC, AR, BR, CL, EC, PE, UY, IL, SG, TR, EG, GH, ZA, NO
The five checks

Why this grade

Is Gemini safe? →
5 criteria · check each one
  • ✓

    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 →

Track record

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 →
Rates

All Gemini products

Yield products

as of Oct 18, 2026
Product Rate Type Lock
ETH 2.0 % staking — Open Gemini →
SOL 4.0 % staking — Open Gemini →
MON 7.0 % staking — Open Gemini →
HYPE 2.1 % staking — Open Gemini →
Calculator

What would Gemini pay you?

How much will you earn?

MON
Interest
+0.7229 MON
Total
10.7229 MON
On Gemini:+0.0020per day·+0.0583per month·+0.7229per year

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.

Rate history

How yields have moved

SOL120d
4.0 %↓33%
ETH120d
2.0 %↓33%
MON35d
7.0 %
HYPE17d
2.1 %

Source: daily snapshots via exchange API · accumulating since YieldScope launch

Open account on Gemini →

This is not an affiliate link. Price for you doesn't change.

Overview

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, Monad (MON, added in September 2026) and Hyperliquid (HYPE, added by October 2026), 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, up to 2.1% on HYPE — 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

  1. 01Open and verify a Gemini account.
  2. 02Deposit ETH, SOL, MON or HYPE, then enable staking from the asset's page.
Verdict

Should you park money here?

✓ Pros
  • +Top-tier US regulation (NYDFS Trust charter) and fiduciary standards.
  • +Strong track record — users were made 100% whole after the Earn/Genesis episode.
✕ Cons
  • −No stablecoin or BTC yield — only ETH/SOL/MON/HYPE 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.
⚖️
Our verdict.If you want a heavily regulated US custodian to stake ETH or SOL, Gemini is a safe pick. It's not the place for stablecoin or Bitcoin yield — it simply doesn't offer one.
Alternatives

Compare Gemini with others

Asset-by-asset rates and risk grades

GeminivsBackpack ExchangeGeminivsBinance EarnGeminivsBingX EarnGeminivsBISONGeminivsBitfinexGeminivsBitget EarnGeminivsBitpanda StakingGeminivsBitrueGeminivsBitstampGeminivsBitunixGeminivsBitvavo StakingGeminivsBybit EarnGeminivsCoinbase cbETHGeminivsCoinbase EarnGeminivsCoinDepoGeminivsCoinEx EarnGeminivsCoinWGeminivsCrypto.comGeminivsEarnParkGeminivsGate.io EarnGeminivsHTXGeminivsJitoGeminivsKraken EarnGeminivsKuCoinGeminivsLBankGeminivsLednGeminivsLidoGeminivsLune.fiGeminivsMarinadeGeminivsMantle (mETH)GeminivsMEXC EarnGeminivsNebeusGeminivsNexoGeminivsOKX EarnGeminivsPoloniexGeminivsRobinhood CryptoGeminivsRocket PoolGeminivsFrax (sfrxETH)GeminivsStakeWise (osETH)GeminivsTelegram WalletGeminivsToobitGeminivsUpholdGeminivsWhiteBITGeminivsYouHodlerAlternatives: Gemini →

Frequently asked questions

Is Gemini safe?
In our assessment Gemini has a risk grade of B: it passes 4 of 5 reliability criteria — Regulation, Proof-of-Reserves, Flexible withdrawal, Track record (2+ years incident-free); not passed: Insurance Fund. Jurisdiction: USA (New York Trust Company, NYDFS), operating since 2014. The grade is a guide, not a guarantee; the decision is always yours.
Is Gemini legit or a scam?
Gemini is an operating platform: registered in USA (New York Trust Company, NYDFS), running since 2014, with 1 incident on our record, the latest in November 2022. We don't label platforms "scam" or "legit" — we check five public facts instead, and Gemini passes 4 of 5: Regulation, Proof-of-Reserves, Flexible withdrawal, Track record (2+ years incident-free); not passed: Insurance Fund. This is a data review, not user reviews; every check on this page links its source.
What are the rates on Gemini?
The current top rate on Gemini is around 7.0 % APY (per our data, updated regularly). 4 assets are available: stablecoins, BTC, ETH and more. Exact rates, product type and terms are in the table above.
Can I withdraw quickly from Gemini?
Yes. Gemini offers flexible products with no lock period, so you can withdraw at any time. Some fixed-term products have an explicit lock period, shown in the table.
What is the minimum deposit on Gemini?
The minimum deposit is around $1. Note: the platform isn't available in every country — check the regional restrictions above.

Show this grade on your site

YieldScope safety grade B for Gemini

Gemini passes 4 of 5 of our safety checks. If you run Gemini, you can show the grade with this badge — it links to this page and updates itself whenever the grade changes, up or down. Free and without sign-up; we never sell or adjust grades.

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 →

⚠️ High-risk platform

Proceed anyway →