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    mSOL holders' activities

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    Flipside AI

    Marinade Finance's liquid staking protocol on Solana demonstrates remarkable growth and user engagement, with monthly active stakers surging from 1,420 in October 2023 to 43,207 in December 2023, representing a 2,945% increase. The protocol processed 552,130 total transactions and $484.4M in net minted mSOL tokens, with a total staked value of $1.12B. Despite high concentration among top token holders (top 10 wallets control over 22% of circulating mSOL), the ecosystem remains predominantly retail-driven, with 93.7% of holders owning less than 1 token, and users most actively engaging with platforms like Jupiter Aggregator.

    Introduction

    In this dashboard, I analyze the activity of MSOL holders. MSOL (Marinade Staked SOL) is a liquid staking token on the Solana blockchain issued by Marinade Finance. In this dashboard, I only analyze the activities of mSOL holders. For example, some users may have staked their SOL in the past but traded their mSOL on the market. The statistics and results related to these users will not be reflected in this dashboard.

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    Liquid staking activities
    MSOL hodlers
    MSol holders' activities by platform type
    Heading Description
    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.