Liquid Staking

Overview

Financials

Native Staking

Stake Auction Marketplace

mSOL Token

MNDE Token

Marinade Finance is a liquid and native staking protocol built on the Solana blockchain. It allows users to stake their SOL tokens to earn rewards while maintaining liquidity and contributing to the decentralization of the Solana network.

Among active Marinade Native staking accounts

Marinade: Epoch Stake Accounts Liquid

Active SOL Staked in Marinade Liquid Staking

Marinade: Epoch Stake Liquid (Daily)

Baseline rewards come from Solana staking rewards, distributed consistently across epochs.

Current epoch rewards will show 0 on these days until the epoch has concluded

Per 10k SOL analyses estimated epoch rewards per 10,000 SOL Staked

Marinade: Staker Rewards Liquid

Active Stake in Stake Accounts with Marinade Liquid Stake Authority

Marinade: Current Staked Liquid

Active SOL Staked in Marinade Native Staking

Marinade: Liquid Stake Cohorts

**Staked SOL:** Includes all active stake within stake accounts set to Marinade's stake authorities


**Reserve:** This reserve is used to promptly fulfill new staking deposits and facilitate withdrawals, allowing users to stake or unstake their SOL tokens without the customary waiting periods associated with stake activation or deactivation

SOL staked + reserves

Marinade: mSOL Backing

# Marinade Liquid Staking Actions

**Deposit Stake Account:**  
Transfers an active Solana stake account into Marinade’s protocol. Marinade takes over stake and withdrawal authority, and users receive mSOL tokens in return.

**Deposit:**  
Users stake SOL via Marinade, which delegates it to validators. In return, users receive mSOL tokens.

**Order Unstake:**  
Initiates unstaking by placing a request. Users can choose delayed unstaking (aligned with Solana’s epoch schedule, no fees) or instant unstaking (immediate access, with a variable fee based on liquidity).

**Claim:**  
After completing the unstaking process, users can claim their SOL once the required epochs have passed, transferring the SOL back to their wallet.


Marinade: Liquid Staking Actions

Marinade: Epoch Stake Liquid (Epoch)

Among provider addresses to Marinade Native stake accounts

Marinade: Liquid Active Addresses

This chart compares the **stake-weighted yield of delegated Solana validators** to **Marinade's mSOL yield**.

- The *delegated stake yield* is calculated by weighting each validator's yield by their delegated stake amount.  
- **Solo stakers are excluded** from this analysis to focus on actively delegated validators.  
- *Marinade yield* refers to the yield earned by holders of **mSOL**, Marinade's liquid staking token.


Layer 1

Layer 2

Finance

Sectors

Consumer

Chain Clusters

ETFS

Marinade: Liquid Staking

Marinade: Epoch Stake Liquid (Daily)

Marinade: Current Staked Liquid

Overview of Marinade Liquid Staking

Related News