Dogecoin has grown from a meme coin into a recognized cryptocurrency with a large, passionate community. Many investors are now looking for ways to make their DOGE work for them instead of just letting it sit in a wallet.
In this article by TopCoin9, we’ll explore whether it’s possible to stake Dogecoin and how you can earn passive income with it in 2025.

What Is Staking in Cryptocurrency?

Staking is the process of locking up your cryptocurrency to support the operations of a blockchain network. In return, stakers earn rewards, usually in the form of more crypto. It’s a popular method for generating passive income in the crypto world, especially with proof-of-stake (PoS) coins like Ethereum, Cardano, or Solana.
Unlike mining, which requires energy-intensive computing, staking is more eco-friendly and accessible to average investors. All you typically need is a supported wallet and some crypto to start earning.

Can You Stake Dogecoin?

Here’s the catch: Dogecoin is a proof-of-work (PoW) cryptocurrency, meaning it doesn’t use the same staking system as PoS coins. So technically, you cannot stake Dogecoin in the traditional sense.
However, when people talk about “staking Dogecoin,” they often mean earning passive income through staking-like mechanisms, such as lending or depositing DOGE into interest-earning platforms. These options allow you to earn yield on your Dogecoin holdings, even if you're not truly staking it on-chain.
In addition, you can see more: How to transfer Dogecoin between wallets quickly and with low fees.

Alternative Ways to Earn Passive Income with Dogecoin

Since traditional staking isn’t available, here are the top alternative ways to generate income with your Dogecoin:

• Lending Platforms: Centralized platforms like Binance, Crypto.com, and Nexo allow you to lend out your DOGE to other users or the platform itself. In return, you receive interest paid daily, weekly, or monthly. Rates vary but can reach 2–5% APY depending on the platform and market conditions.
• Interest-Earning Wallets: Some crypto wallets or mobile apps offer interest in DOGE deposits. These wallets act similarly to savings accounts in traditional finance. Yields tend to be slightly lower, but these platforms often offer more flexibility for withdrawals.
• Liquidity Pools & DeFi: In decentralized finance (DeFi), you can use wrapped versions of Dogecoin, such as wDOGE or renDOGE, to provide liquidity in pools on networks like Ethereum or Binance Smart Chain. In return, you earn a portion of the transaction fees and sometimes additional token rewards.

Step-by-Step: How to Start Earning with Dogecoin

If you're ready to start earning passive income from your DOGE, follow these steps:

• Choose a Platform: Start by picking a trusted platform that supports earning with Dogecoin, like Binance, YouHodler, or Nexo. Make sure to check user reviews and security features before you begin.
• Transfer Your Dogecoin: Move your DOGE from your current wallet or exchange to the platform you’ve chosen. This is usually done by copying the deposit address and sending the funds there.
• Activate Earning: Look for the “Earn” or “Lend” option once your Dogecoin is in the platform. Turn it on to start receiving daily or weekly passive income.
• Monitor and Reinvest: Keep an eye on your earnings through the dashboard or app. You can withdraw, reinvest, or let it grow automatically over time.

Risks and Considerations

While earning income with Dogecoin is appealing, there are several risks to consider:

• Volatility: Dogecoin is still highly volatile. Sharp price drops can outweigh passive gains.
• Platform Risk: Relying on third-party platforms introduces custodial risks. Always do due diligence.
• Security: Protect your account with 2FA and avoid phishing scams.

For those looking at long-term strategies, it’s also useful to monitor Dogecoin price prediction reports to time your investments wisely and align your passive income goals with market trends.

Is Staking Dogecoin Worth It?

If you’re holding a significant amount of DOGE and don’t plan to sell anytime soon, then earning yield through lending or saving platforms might be a smart move. While the returns might not match those of staking PoS coins like Ethereum, it still beats letting your DOGE sit idle.
If you’re risk-averse, stick to major platforms. For those willing to experiment, DeFi may offer higher (but riskier) returns.

Conclusion

Although you can’t stake Dogecoin in the traditional sense, there are still multiple passive income options available for DOGE holders in 2025. Whether it’s through lending, interest-earning wallets, or DeFi platforms, smart investors can put their Dogecoin to work while waiting for the next bull run. As always, do your research, stay safe, and stay updated with the latest insights from TopCoin9.