Canadian digital asset platform Ndax has launched Auto Earn, a feature that automatically enrolls supported cryptocurrency holdings in staking and distributes rewards weekly.
Once users activate the feature, eligible assets are enrolled daily, with rewards paid every Monday. At launch, Auto Earn supports 17 digital assets, including Ethereum, Solana, Cardano, SUI, HBAR and DOT.
Ndax says the service offers annual percentage yields of up to 7.5%, depending on the asset, with no fixed lock-up period. The company is also waiving its standard 20% commission on Auto Earn rewards through October 31, 2026.
Staking allows holders of certain cryptocurrencies to earn rewards by participating in blockchain network operations. Auto Earn is designed to simplify that process by reducing the steps users need to manage themselves.
“Historically, staking meant choosing between earning rewards or maintaining liquidity — a compromise that keeps many investors on the sidelines,” said Bilal Hammoud, founder and CEO of Ndax.
The launch comes amid growing Canadian interest in digital assets. According to an Ontario Securities Commission survey cited in the announcement, 25% of respondents reported owning crypto, up from 10% in 2023.
Auto Earn builds on Ndax’s staking service, introduced in 2022. The company says that offering now has more than $44.2 million in assets staked and has distributed over $5.4 million in rewards, both in Canadian dollars.
Ndax is a registered investment dealer and a member of the Canadian Investment Regulatory Organization.
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