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    $MSOL On Dex: 2024 Till Present

    hexagon

    Flipside AI

    Jupiter Swap V6 dominates the Solana blockchain's mSOL token swap ecosystem, accounting for 87% of total platform swap activity with $4.52B in volume and 405,893 transactions in January 2024. The Marinade liquid staking protocol shows significant cross-token activity, with 1,078,128 total transactions and $7.3B in total trading volume, predominantly involving SOL and USDC. However, the protocol experienced a 91% decline in monthly transactions from 1.56M to 118.8K between January and June 2024, indicating potential reduced user engagement and interest in the liquid staking ecosystem.

    $MSOL Metrics
    2024 Till Present
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    🟠 $MSOL Analysis on DEX: 2024 till Present

    mSOL is a liquid staking token that you receive when you stake SOL on the Marinade protocol. These mSOL tokens represent your staked SOL in Marinade's stake pool.

    As long as the Marinade protocol earns staking rewards and you hold mSOL, your staked SOL continues to grow. 🚀

    Tokens Distribution
    $MSOL Platforms
    User Behaviour
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.