diff --git a/crates/sui-graphql-rpc/schema/current_progress_schema.graphql b/crates/sui-graphql-rpc/schema/current_progress_schema.graphql
index 53231289fb429..6224a32e3be5c 100644
--- a/crates/sui-graphql-rpc/schema/current_progress_schema.graphql
+++ b/crates/sui-graphql-rpc/schema/current_progress_schema.graphql
@@ -3979,12 +3979,22 @@ type Validator {
 	The validator's current staking pool object, used to track the amount of stake
 	and to compound staking rewards.
 	"""
-	stakingPool: MoveObject
+	stakingPool: MoveObject @deprecated(reason: "The staking pool is a wrapped object. Access its fields directly on the `Validator` type.")
+	"""
+	The ID of this validator's `0x3::staking_pool::StakingPool`.
+	"""
+	stakingPoolId: SuiAddress!
 	"""
 	The validator's current exchange object. The exchange rate is used to determine
 	the amount of SUI tokens that each past SUI staker can withdraw in the future.
 	"""
-	exchangeRates: MoveObject
+	exchangeRates: MoveObject @deprecated(reason: "The exchange object is a wrapped object. Access its dynamic fields through the `exchangeRatesTable` query.")
+	"""
+	A wrapped object containing the validator's exchange rates. This is a table from epoch
+	number to `PoolTokenExchangeRate` value. The exchange rate is used to determine the amount
+	of SUI tokens that each past SUI staker can withdraw in the future.
+	"""
+	exchangeRatesTable: Owner
 	"""
 	Number of exchange rates in the table.
 	"""
diff --git a/crates/sui-graphql-rpc/src/types/validator.rs b/crates/sui-graphql-rpc/src/types/validator.rs
index de01a9bb10bf2..d3b7584ae23c6 100644
--- a/crates/sui-graphql-rpc/src/types/validator.rs
+++ b/crates/sui-graphql-rpc/src/types/validator.rs
@@ -9,6 +9,7 @@ use async_graphql::connection::{Connection, CursorType, Edge};
 use super::big_int::BigInt;
 use super::move_object::MoveObject;
 use super::object::Object;
+use super::owner::Owner;
 use super::sui_address::SuiAddress;
 use super::validator_credentials::ValidatorCredentials;
 use super::{address::Address, base64::Base64};
@@ -106,26 +107,37 @@ impl Validator {
 
     /// The validator's current staking pool object, used to track the amount of stake
     /// and to compound staking rewards.
-    async fn staking_pool(&self, ctx: &Context<'_>) -> Result<Option<MoveObject>> {
-        MoveObject::query(
-            ctx,
-            self.staking_pool_id(),
-            Object::latest_at(self.checkpoint_viewed_at),
-        )
-        .await
-        .extend()
+    #[graphql(
+        deprecation = "The staking pool is a wrapped object. Access its fields directly on the \
+        `Validator` type."
+    )]
+    async fn staking_pool(&self) -> Result<Option<MoveObject>> {
+        Ok(None)
+    }
+
+    /// The ID of this validator's `0x3::staking_pool::StakingPool`.
+    async fn staking_pool_id(&self) -> SuiAddress {
+        self.validator_summary.staking_pool_id.into()
     }
 
     /// The validator's current exchange object. The exchange rate is used to determine
     /// the amount of SUI tokens that each past SUI staker can withdraw in the future.
-    async fn exchange_rates(&self, ctx: &Context<'_>) -> Result<Option<MoveObject>> {
-        MoveObject::query(
-            ctx,
-            self.exchange_rates_id(),
-            Object::latest_at(self.checkpoint_viewed_at),
-        )
-        .await
-        .extend()
+    #[graphql(
+        deprecation = "The exchange object is a wrapped object. Access its dynamic fields through \
+        the `exchangeRatesTable` query."
+    )]
+    async fn exchange_rates(&self) -> Result<Option<MoveObject>> {
+        Ok(None)
+    }
+
+    /// A wrapped object containing the validator's exchange rates. This is a table from epoch
+    /// number to `PoolTokenExchangeRate` value. The exchange rate is used to determine the amount
+    /// of SUI tokens that each past SUI staker can withdraw in the future.
+    async fn exchange_rates_table(&self) -> Result<Option<Owner>> {
+        Ok(Some(Owner {
+            address: self.validator_summary.exchange_rates_id.into(),
+            checkpoint_viewed_at: self.checkpoint_viewed_at,
+        }))
     }
 
     /// Number of exchange rates in the table.
@@ -266,10 +278,4 @@ impl Validator {
     pub fn operation_cap_id(&self) -> SuiAddress {
         SuiAddress::from_array(**self.validator_summary.operation_cap_id)
     }
-    pub fn staking_pool_id(&self) -> SuiAddress {
-        SuiAddress::from_array(**self.validator_summary.staking_pool_id)
-    }
-    pub fn exchange_rates_id(&self) -> SuiAddress {
-        SuiAddress::from_array(**self.validator_summary.exchange_rates_id)
-    }
 }
diff --git a/crates/sui-graphql-rpc/tests/snapshots/snapshot_tests__schema_sdl_export.snap b/crates/sui-graphql-rpc/tests/snapshots/snapshot_tests__schema_sdl_export.snap
index 754aca78c4968..a799576a36a86 100644
--- a/crates/sui-graphql-rpc/tests/snapshots/snapshot_tests__schema_sdl_export.snap
+++ b/crates/sui-graphql-rpc/tests/snapshots/snapshot_tests__schema_sdl_export.snap
@@ -3983,12 +3983,22 @@ type Validator {
 	The validator's current staking pool object, used to track the amount of stake
 	and to compound staking rewards.
 	"""
-	stakingPool: MoveObject
+	stakingPool: MoveObject @deprecated(reason: "The staking pool is a wrapped object. Access its fields directly on the `Validator` type.")
+	"""
+	The ID of this validator's `0x3::staking_pool::StakingPool`.
+	"""
+	stakingPoolId: SuiAddress!
 	"""
 	The validator's current exchange object. The exchange rate is used to determine
 	the amount of SUI tokens that each past SUI staker can withdraw in the future.
 	"""
-	exchangeRates: MoveObject
+	exchangeRates: MoveObject @deprecated(reason: "The exchange object is a wrapped object. Access its dynamic fields through the `exchangeRatesTable` query.")
+	"""
+	A wrapped object containing the validator's exchange rates. This is a table from epoch
+	number to `PoolTokenExchangeRate` value. The exchange rate is used to determine the amount
+	of SUI tokens that each past SUI staker can withdraw in the future.
+	"""
+	exchangeRatesTable: Owner
 	"""
 	Number of exchange rates in the table.
 	"""