Marinade staked SOL
Marinade staked SOL is a tradeable receipt of SOL locked to secure the Solana chain, accrues staking yield, and is redeemable 1:1 for SOL.
Ready to earn 15% yield or more with Exponential ?
- Solana
- Discord
- Source Code
- Website
- Community
- Asset Type: SPL
- Market Cap: $1.3B
- Fully Diluted Valluation: $1.3B
- FDV / MC: 1
- Ranking inside Exponential (excluding stables): #17
- Circulating Supply: 4,322,381
- Total Supply: 4,322,380
- Total Supply: 4,322,444
- Volume (24H): $20.3M
- ATH: $296.72 (11/17/2024)
- ATL: $8.93 (12/29/2022)
mSOL is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Marinade, a protocol rated as Watch out.
mSOL has an uncapped supply but has inflation control or burn mechanisms in place. mSOL is backed 1:1 and redeemable for SOL. mSOL can trade at a discount to 1 SOL as it is less liquid, has less utility (cannot be used to pay for gas fees), and has more technical risk (Marinade smart contract bugs).
mSOL is highly correlated to the overall market. mSOL can trade at a discount to 1 SOL as it is less liquid, has less utility (cannot be used to pay for gas fees), and has more technical risk (Marinade smart contract bugs).
