PROTOCOL

Marinade

2 pools on Solana

PASS

Marinade Finance distributes stake across hundreds of Solana validators to strengthen network decentralisation while giving users a liquid mSOL token. Native staking routes directly to validators without smart-contract custody. The MNDE token governs protocol parameters and validator scoring.

TL;DR

●Solana's pioneer liquid staking protocol, issuing mSOL and offering native stake distribution across 400+ validators.
◆Dual product: liquid staking (mSOL) for DeFi composability and native staking for users who want zero smart-contract risk.
▲Validator set is algorithmically chosen for decentralisation; concentration in a few validators remains a governance discussion point.

FOUNDED

2021

AUDITED BY

Neodyme, Ackee Blockchain

SECURITY

PASS