Marinade staked SOL
Current price
$144.09
−4.80%24h
LiveUpdated 27s ago
TodayMarinade staked SOL falls 4.8%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−1.22%
- 24 hours−4.80%
- 7 days−11.37%
- 30 days+2.34%
- 1 year−43.84%
Marinade staked SOL's move in context
Lagging the market today
−4.80% today against −3.27% for the market as a whole, a gap of 1.5 points. Small gaps like this are common, so they don't point to anything specific.
Trend has turned
−11.4% over 7 days and +2.3% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Marinade staked SOL
Marinade Staked SOL (mSOL): Unlocking Liquidity on Solana
Marinade Staked SOL (mSOL) is a liquid staking token within the Solana ecosystem, created by the Marinade Finance protocol. mSOL is designed to allow SOL holders to stake their tokens while maintaining liquidity, thus combining the benefits of earning staking rewards with the flexibility to use or trade staked assets. This is accomplished by converting staked SOL into mSOL tokens, which can be freely used across DeFi applications on Solana, providing unique opportunities to maximize returns and reduce lock-up periods.
Key Features of mSOL
Liquid Staking: Liquid staking with Marinade Finance allows users to stake SOL and receive mSOL in return, enabling them to earn staking rewards without the usual locking restrictions. This liquid staking model is highly beneficial for users who wish to continue participating in DeFi or other activities on Solana without losing out on staking rewards.
Earn Rewards and Retain Flexibility: When users stake SOL with Marinade, they receive mSOL, which grows in value over time as staking rewards are accrued. This means that the value of mSOL relative to SOL gradually increases, reflecting the accumulated staking rewards, thus allowing users to retain both liquidity and a steady increase in asset value.
DeFi Integration: One of mSOL’s biggest strengths is its integration with a variety of DeFi protocols on Solana. mSOL holders can utilize their staked assets across platforms for lending, borrowing, yield farming, and liquidity provision. This feature allows users to maximize their returns by participating in multiple layers of income generation within the Solana ecosystem.
Permissionless Protocol: Marinade Finance is a decentralized, permissionless protocol, meaning anyone can participate in staking without requiring special permissions or access. This openness ensures a high level of decentralization and community control, which aligns with Solana’s ethos of accessibility and inclusivity in DeFi.
Advantages of Using mSOL
No Lock-Up Periods: Traditional staking often comes with lock-up periods, which can limit access to staked funds. With mSOL, users can unstake their assets instantly or trade mSOL on supported exchanges, effectively removing the restrictions typically associated with staking.
Enhanced Liquidity and Efficiency: By converting staked SOL to mSOL, users retain liquidity and can participate in other financial activities within Solana’s DeFi ecosystem. This makes mSOL an attractive option for users looking to make the most of their holdings, especially when compared to locked staking options.
Decentralized Validator Pool: Marinade spreads delegations across a diverse validator pool, promoting decentralization and network health. This also allows users to benefit from a lower-risk staking process, as their assets are not tied to a single validator.
How to Get Started with mSOL
Users interested in obtaining mSOL can begin by connecting their wallets to the Marinade Finance platform and staking SOL. The platform will automatically issue mSOL in exchange, which users can then utilize across Solana’s DeFi landscape. Alternatively, mSOL can also be purchased on decentralized exchanges if users prefer to avoid direct staking.
As Solana’s DeFi ecosystem continues to expand, Marinade Staked SOL (mSOL) offers a powerful tool for users looking to optimize their returns and liquidity. By providing a versatile staking solution, Marinade enables SOL holders to earn rewards while actively engaging with the dynamic opportunities across the Solana network. With ongoing developments and increasing DeFi integration, mSOL is set to play a vital role in enhancing the flexibility and accessibility of staking on Solana.
Marinade staked SOL market
- Position by market cap among the coins we track.
- #80
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $566.96M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $142.38High $151.35
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $362.48
- Now 40% of itReached 19 Jan 2025 · Needs +152% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 3.93M MSOL
- 69% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 5.69M MSOL
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 5.69M MSOL
- The most coins that can ever exist. Some coins have no limit.
Marinade staked SOL converter
1 Marinade staked SOL = $144.09
