Tracking your rewards payouts

What is APY?

APY stands for Annual Percentage Yield and can be thought of as the amount of interest you’ll earn on your funds over the course of the year.

Which assets are eligible for earning interest?

We’re constantly reviewing and adding new interest earning assets. For the full list of the currently available options, log in to your Coinbase account.

How do I know how much interest I’ll earn?

The amount of interest earned will vary based on the asset and will change over time. We’ll always display the current interest rate within each of the asset’s pages in your Coinbase account. 

How is interest calculated?

Interest always reflects the cash value you received when the interest was added to your account.

This means if you earn $5 in Solana (SOL) today, the amount will always be calculated as $5, even if the price of SOL goes up or down.

What happened to pending rewards? 

We've removed pending rewards as part of our change to how earnings are displayed, but all rewards and future payouts remain the same. The only change is the ability to see pending rewards

How can I tell how much interest I’ve earned?

You can view your total amount of interest by logging into your Coinbase account and viewing the Earn tab. 

How can I tell what my average interest rate is across all assets? 

You can view your total amount of interest by logging into your Coinbase account and viewing the Earn tab. We display your average interest rate directly next to the total amount of Interest you’ve earned.

The average rate displayed is a blended average which is calculated by averaging the APY you’re receiving across all of your assets that earn interest. 

How often is interest paid out?

The interest payout schedule will vary depending on the asset. For more information on the payout schedule for specific assets, check out these articles:

Asset

Reward Type

Payout Timing

                            Available Regions

ADA

Staking

After 20-25 days (initially), then every 5 days

See What regions are eligible for staking and inflation?

ALGO

Inflation

Quarterly

See What regions are eligible for staking and inflation?

ATOM

Staking

After 7-14 days (initially), then every 7 days

See What regions are eligible for staking and inflation?

ETH 2

Staking

Every 3-5 days

See What regions are eligible for staking and inflation?

SOL

Staking

After 5-7 days (initially), then every 3-4 days

See What regions are eligible for staking and inflation?

USDC

Rewards

2nd day of the following month

See our USDC FAQ

XTZ

Staking

After 35-40 days (initially), then every 3 days

See What regions are eligible for staking and inflation?

Is earning interest a taxable event?

US customers who are subject to US tax reporting are required to report their earnings from Staking rewards. US customers that earn over $600 in Staking rewards will receive a 1099-MISC from Coinbase. You can learn more about the 1099-MISC on the official website of the IRS.

What regions are eligible for earning interest?

Eligibility will vary depending on the asset. To start, you can learn more about earning rewards with Coinbase and USD Coin Rewards in the Coinbase Earn section of our Help Center.

Once I start earning interest, can I opt out?

Unless otherwise stated, you can opt out of earning interest at any time by clicking or tapping into the specific Asset’s page within your Coinbase account.

Note: You’ll lose any interest earned so far that month. 

Learn more about earning interest.

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