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    Liquid Staking on Marinade Finance

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    Flipside AI

    Solana's liquid staking ecosystem, led by Marinade Finance, demonstrates robust network participation with 37.7m SOL staked, 23.08m mSOL tokens minted, and 215,930 total liquid stakers. The platform experienced a remarkable 40x spike in new stakers in December 2023, jumping from 1,217 to 40,876 users. Despite significant liquidity potential with 27.19m SOL unstaked, the ecosystem shows dynamic user engagement, with monthly staking flows ranging from -2.5m to 4.6m mSOL and total rewards claimed reaching 30.25m SOL.

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    Marinade Finance is one of the leading liquid staking solutions on Solana, allowing users to stake their SOL and receive mSOL (Marinade Staked SOL) in return.

    The dashboard serves as an insightful lens into Marinade’s impact in Liquid Staking. It highlights user confidence, DeFi adoption, and the ongoing growth of mSOL as a crucial asset on Solana.

    Overview Section
    A summary section displaying key numbers at a glance
    mSOL Trends and Adoption
    mSOL is a liquid staking token that you receive when you stake SOL on the Marinade protocol.
    Whale Watch
    Whales are addresses holding >=10k worth of mSOL
    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.