Phemex, the most efficient crypto exchange, announced the launch of On-chain Earn, a new staking service that integrates proof-of-stake rewards directly into the platform. The introduction of On-chain Earn marks a significant enhancement to Phemex Earn, its wealth management product, providing users with a streamlined mechanism to generate competitive yield on assets such as ETH and SOL without navigating external wallets or decentralized applications. 

By integrating staking protocols into Phemex, On-chain Earn improves capital usage for clients: assets remain within a unified account, rewards are distributed transparently, and liquidity is preserved according to each network's rules. This streamlines what has traditionally been a fragmented process into one efficient, secure, and user-friendly experience.

As part of the launch, Phemex is introducing an exclusive ETH Pool. In addition to receiving ETH staking rewards via wstETH, participants in this pool will also automatically accumulate Mellow Points and Symbiotic Points, which are expected to qualify for future project airdrops. This provides users with potential upside beyond standard staking returns, further differentiating Phemex's offering in the market.