DeFi protocol
Marinade
1 product · 1 coin · Solana · TVL $287M · data via DefiLlama
Platform risk tier
B· Medium risk · meets 4/5 criteriaSee why
Liquid SOL staking (mSOL) since 8/2021, no contract incidents. TVL is now about USD 260 million.
- ✓Operating since 2021-08 (5 years)
- ✓Audited by 4 firms: Neodyme, Ackee Blockchain, Kudelski Security, Sec3
- ✓Bug bounty programme (Immunefi, up to $250k)
- !TVL $287.1M, below $1B
- ✓No recorded incident causing user losses in the core product
- iRisk of the asset itself: mSOL is a liquid staking token: validator risk, depegs when liquidity is thin, and dependence on the stake auction mechanism (SAM) for yield.
- iA third party estimates the stake auction mechanism (SAM) cost stakers ≥37,000 SOL in yield over 126 epochs (forgone yield, not loss of principal); Marinade regards it as a known inefficiency.
Last reviewed 24/09/2026. Not investment advice.Facts and sources →
You keep your own wallet and deposit straight into the smart contract. Click a product name for details.
1/1 products · How risk tiers work
| Conditions & limits | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| SOL | Marinade · Solana (MSOL)One rate for any amount.
| Staking DeFi · smart contract | B· Medium risk | 5.59% | 5.59% | 5.59% | 5.59% | 5.59% | Withdraw any time if the pool has enough liquidity Rate shown after the platform’s fee |