This is a general announcement. Products and services referred to here may not be available in your region.
Dear UMX Clients,
We're pleased to announce that UMX Wealth is adding a new product line: On-chain Earn. At launch, the product will support two new tokens: UMETH and UMSOL.
What Is On-chain Earn
On-chain Earn is a yield product that lets you earn rewards on your assets on-chain. For long-term ETH and SOL holders, there's no need to sell your coins, manage a wallet, run a validator node, or worry about gas fees. You can participate directly within your UMX account and earn according to on-chain rules.
The First Two Supported Tokens
UMETH
UMETH is the liquid staking token you receive for staking ETH through UMX. You can participate with as little as 0.001 ETH. Yield is reflected through exchange-rate accrual, meaning the amount of ETH you can redeem continuously increases. In addition, UMETH can serve as margin for margin and futures trading in your trading account, so you can earn yield while keeping your assets liquid.
UMSOL
UMSOL is the liquid staking token you receive for staking SOL. You can participate with as little as 0.01 SOL. Yield is reflected through exchange-rate accrual, meaning the amount of SOL you can redeem continuously increases. In addition, UMSOL can serve as margin for margin and futures trading in your trading account, so you can earn yield while keeping your assets liquid.
Both are variable-yield products. The rate shown on the product page is for reference only, fluctuates in real time with on-chain returns, and does not constitute any guarantee of returns.
UMETH/USDT and UMSOL/USDT trading pairs go live on November 3, 2026, at 8:30 AM (UTC+0)
How to Participate
1. Prepare your assets: Deposit ETH or SOL into your UMX account, or buy them directly through spot trading, then transfer the purchased assets to your funding account.
2. Go to the On-chain Earn page: Select ETH Staking or SOL Staking to view the real-time APR, caps, and rules.
3. Confirm your stake: Review the staking amount and rules, then confirm. Your assets start earning on-chain yield.
FAQ
Q: What is the difference between holding UMETH or UMSOL and holding ETH or SOL directly?
Holding ETH or SOL directly does not generate on-chain yield. UMETH and UMSOL are liquid staking tokens you receive by staking ETH or SOL through UMX. Yield is reflected through exchange-rate accrual: as staking rewards accrue, the amount of ETH or SOL you can redeem with UMETH or UMSOL continues to increase. Simply holding UMETH or UMSOL accrues yield, which is settled in full upon redemption.
Q: If I use UMETH or UMSOL as margin, does staking yield continue to accrue?
Yes. Whether UMETH or UMSOL is held in your funding account or transferred to your trading account as margin, the exchange-rate growth mechanism continues to operate normally and staking yield keeps accruing, unaffected.
Q: How often is the exchange rate updated?
The UMETH exchange rate is updated daily between 23:45 and 00:15 UTC+0. Staking and redemption are paused during this update. You can view the countdown to the next update on the ETH Staking page.
The UMSOL exchange rate is updated in line with Solana network staking cycles, approximately every 2–3 days. You can view the countdown to the next update on the SOL Staking page.
Thank you for your continued support of UMX.
Thank you for your continued support of UMX.
UMX Team
November 02, 2026