Marinade Finance
Verdict: Most decentralized Solana LST — delegates to 800+ validators, reducing network concentration risk.
- Best for
- Decentralized liquid staking
- TVL
- $263M TVL
- APY
- ~6%
- Founded
- 2021
On This Page
Overview
Marinade Finance Key Features
Liquid staking (mSOL)
Stake SOL, receive mSOL that accrues value. Use mSOL across DeFi while earning ~6% APY
Native staking
Stake SOL directly to Marinade's validator set without receiving an LST token. No smart contract risk, but 2-epoch unstaking delay
800+ validator distribution
Most decentralized Solana LST, distributing stake across hundreds of validators to reduce network concentration
mSOL DeFi integration
mSOL accepted on Kamino, MarginFi, Orca, Meteora, and most major Solana protocols
Marinade Finance Fees & Pricing
| Fee | Value | Notes |
|---|---|---|
| Marinade takes 6% of all staking rewards as protocol revenue. Higher than Jito's 4% | ||
| Free to stake SOL | ||
| Fee for instant mSOL → SOL conversion. Varies by pool depth. Standard unstaking (2 epochs) is free |
Ready to try Marinade Finance?
Get Started →How to Get Started with Marinade Finance
- 1
Connect wallet
- 2
Choose staking mode
- 3
Stake SOL
- 4
Use mSOL in DeFi
Marinade Finance Risk Assessment
Smart contract
lowOne of the oldest Solana staking protocols (live since 2021). Multiple audits, no major exploit
LST de-peg
mediummSOL can trade below theoretical value during market stress. Less liquid than JitoSOL on some DEX pairs
Lower yield vs Jito
lowMarinade does not capture MEV rewards, so mSOL APY is typically 0.3-0.5% lower than JitoSOL. This is a trade-off for decentralization
What Can You Do with Marinade Finance?
Decentralized staking
Support network health by distributing stake across 800+ validatorsNative staking security
Use Marinade native staking for zero smart contract risk (ideal for large holdings)mSOL as DeFi collateral
Earn staking yield while using mSOL as collateral on Kamino or MarginFi
Marinade Finance: Pros & Cons
Pros
- 800+ validator distribution — most decentralized Solana LST
- Native staking option (no LST token, max security)
- mSOL widely accepted across Solana DeFi
Cons
- Lower APY than Jito (no MEV boost)
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