{"id":"marinade-staked-sol-msol","title":"Marinade Staked SOL (MSOL)","content":"**Marinade Staked SOL (mSOL)** is a [liquid](https://iq.wiki/wiki/liquid) [staking](https://iq.wiki/wiki/staking) token acquired through [staking](https://iq.wiki/wiki/staking) SOL on the Marinade Finance protocol. It represents the staked SOL within the stake pool, which can be later converted to staked SOL and accrued rewards. mSOL serves as a tradable asset in DeFi, fluctuating in value relative to SOL. Its price is recalibrated every [Solana](https://iq.wiki/wiki/solana) epoch based on [staking](https://iq.wiki/wiki/staking) rewards earned by the Marinade Stake Pool. [\\[1\\]](#cite-id-5lc1lORHip)\n\n$$widget0 [YOUTUBE@VID](kM2sVQ7Clzo)$$\n\n## Overview\n\nMSOL is a [liquid](https://iq.wiki/wiki/liquid) [staking](https://iq.wiki/wiki/staking) token obtained through [staking](https://iq.wiki/wiki/staking) SOL on the Marinade protocol, representing the staked SOL within Marinade's stake pool. These tokens serve as records, enabling later conversion to the staked SOL and accrued rewards. Additionally, mSOL can be utilized in DeFi while its value fluctuates relative to the price of SOL. [\\[1\\]](#cite-id-5lc1lORHip)\n\nOperating as a rewards-accruing [liquid](https://iq.wiki/wiki/liquid) [staking](https://iq.wiki/wiki/staking) token, mSOL undergoes value recalibration after each [Solana](https://iq.wiki/wiki/solana) epoch (2-3 days), dependent on the [staking](https://iq.wiki/wiki/staking) rewards earned by the Marinade Stake Pool. It's noteworthy that the protocol cannot create new mSOL without an equivalent amount of SOL being exchanged for them. Consequently, the total staked amount increases, leading to a rise in the price of mSOL each epoch relative to SOL, contingent upon the distribution of [staking](https://iq.wiki/wiki/staking) rewards for the SOL staked in the protocol. [\\[1\\]](#cite-id-5lc1lORHip) [\\[2\\]](#cite-id-3W6uoXCoQq)\n\n![mSOL1.webp](https://ipfs.everipedia.org/ipfs/QmPu45Yn4GUu4pMXTuGLMks72KjEs4AKZgBuQrUEcVgAiJ)\n\n## Use Cases\n\nmSOL tokens offer various utility functions within the growing ecosystem, enabling access to DeFi protocols while benefiting from [staking](https://iq.wiki/wiki/staking) rewards and supporting the network. Some use cases for mSOL include:\n\n* **Borrowing/Lending**: mSOL can be [collateral](https://iq.wiki/wiki/collateral) or borrowed on various platforms within DeFi.\n* **Liquidity Provision**: mSOL is utilized in liquidity pools [across](https://iq.wiki/wiki/across) DeFi, categorized into mSOL/SOL pools and mSOL/XXX pools, each with its respective advantages regarding [impermanent loss](https://iq.wiki/wiki/impermanent-loss).\n* **Single-Asset Staking**: [Staking](https://iq.wiki/wiki/staking) mSOL allows users to earn MNDE, the [governance token](https://iq.wiki/wiki/governance-tokens) of Marinade, a platform exclusively offering this option.\n* **Trading on DEXs**: mSOL can be traded against other crypto tokens on decentralized exchanges (DEXs), exchanging accumulated [staking](https://iq.wiki/wiki/staking) rewards.\n* **Trading on CEXs**: mSOL can also be traded on centralized exchanges (CEXs) like [Coinbase](https://iq.wiki/wiki/coinbase), [Kraken](https://iq.wiki/wiki/kraken), or Gate.io. This allows users to move mSOL to their crypto wallets for full utilization within [Solana](https://iq.wiki/wiki/solana) DeFi. [\\[1\\]](#cite-id-5lc1lORHip) [\\[2\\]](#cite-id-3W6uoXCoQq)\n\n![mSOL2.webp](https://ipfs.everipedia.org/ipfs/QmUE6ADVRdvqy2RGVaQyyee2qDDF6ynpgeowxkYJ5YmUd9)\n\n## Integrations and Adoption\n\nmSOL is supported across a wide range of platforms within the [Solana](https://iq.wiki/wiki/solana) ecosystem and beyond, including major [wallets](https://iq.wiki/wiki/cryptocurrency-wallet), exchanges, custodians, and asset managers. Notable integrations include support from wallets like [Phantom](https://iq.wiki/wiki/phantom-wallet) and Solflare, and exchanges such as [Coinbase](https://iq.wiki/wiki/coinbase) and [Kraken](https://iq.wiki/wiki/kraken).\n\nSignificant institutional adoption includes [Coinbase](https://iq.wiki/wiki/coinbase) Prime integrating Marinade's mSOL [liquid staking](https://iq.wiki/wiki/liquid-staking) token for trading and custody. Marinade has also been named as the exclusive [staking](https://iq.wiki/wiki/staking) provider in a U.S. [Solana](https://iq.wiki/wiki/solana) [ETF](https://iq.wiki/wiki/solana-etfs) filing, highlighting its growing recognition in traditional finance. Custodial solutions like [BitGo](https://iq.wiki/wiki/bitgo) also support Marinade's offerings, providing institutional-grade access.\n\nThe adoption of mSOL is reflected in its statistics, including the number of holders and the [Total Value Locked](https://iq.wiki/wiki/tvl) (TVL) in the [Marinade](https://iq.wiki/wiki/marinade-finance) protocol. [\\[1\\]](#cite-id-5lc1lORHip) [\\[2\\]](#cite-id-3W6uoXCoQq) [\\[3\\]](#cite-id-EWnUv3YypX) [\\[4\\]](#cite-id-WW3eGIibhH) [\\[5\\]](#cite-id-If2roDiv0y)\n\n## Features and Related Programs\n\nBeyond its core function as a [liquid staking](https://iq.wiki/wiki/liquid-staking) token, mSOL is integrated into various features and programs offered by [Marinade](https://iq.wiki/wiki/marinade-finance) and its partners. The Instant Unstake feature allows users to quickly access their [SOL](https://iq.wiki/wiki/solana-sol) by swapping mSOL for unstaked SOL from a [liquidity pool](https://iq.wiki/wiki/liquidity-pool), providing immediate liquidity without waiting for the unstaking period.\n\nMarinade also runs incentive campaigns known as \"Marinade Earn\" seasons, which reward users for [staking](https://iq.wiki/wiki/staking) [SOL](https://iq.wiki/wiki/solana-sol) with [Marinade](https://iq.wiki/wiki/marinade-finance), including those who hold or use mSOL. Furthermore, mSOL can be utilized in advanced strategies such as leveraged mSOL [staking](https://iq.wiki/wiki/staking) through integrations with other [DeFi](https://iq.wiki/wiki/defi) protocols like Super Stake SOL. [\\[2\\]](#cite-id-3W6uoXCoQq) [\\[3\\]](#cite-id-EWnUv3YypX) [\\[6\\]](#cite-id-4NwOiNduql)","summary":"Marinade Staked SOL (mSOL) is a tradable liquid staking token in the Marinade Finance protocol, representing staked SOL and its accrued rewards.","images":[{"id":"QmQRq2s1MSM6NZqk6vXpZp4Ccyb49GZtLD5p8vyFnAmxEf","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"tags":[{"id":"Solana"}],"media":[{"id":"QmPu45Yn4GUu4pMXTuGLMks72KjEs4AKZgBuQrUEcVgAiJ","size":"0.38","name":"mSOL1.webp","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmUE6ADVRdvqy2RGVaQyyee2qDDF6ynpgeowxkYJ5YmUd9","size":"0.58","name":"mSOL2.webp","type":"GALLERY","source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=kM2sVQ7Clzo","size":"0","name":"kM2sVQ7Clzo","type":null,"source":"YOUTUBE"},{"id":"QmX4HSjF94UKVvcGMnqfKSjdpq58tSVLEFcXgo2W27JMXX","name":"images.jpeg","caption":"","thumbnail":"QmX4HSjF94UKVvcGMnqfKSjdpq58tSVLEFcXgo2W27JMXX","source":"IPFS_IMG"}],"metadata":[{"id":"website","value":"https://marinade.finance/tokens/msol/"},{"id":"contract_url","value":"https://solscan.io/token/mSoLzYCxHdYgdzU16g5QSh3i5K3z3KZK7ytfqcJm7So"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/marinade/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/msol"},{"id":"medium_profile","value":"https://medium.com/marinade-finance"},{"id":"github_profile","value":"https://github.com/marinade-finance"},{"id":"discord_profile","value":"https://discord.gg/6EtUf4Euu6"},{"id":"twitter_profile","value":"https://twitter.com/MarinadeFinance"},{"id":"solscan","value":"https://solscan.io/token/msolzycxhdygdzu16g5qsh3i5k3z3kzk7ytfqcjm7so"},{"id":"references","value":"[{\"id\":\"5lc1lORHip\",\"url\":\"https://docs.marinade.finance/getting-started/what-is-msol\",\"description\":\"What is mSOL? docs\",\"timestamp\":1749827199794},{\"id\":\"3W6uoXCoQq\",\"url\":\"https://marinade.finance/\",\"description\":\"Marinade homepage\",\"timestamp\":1749827199794},{\"id\":\"EWnUv3YypX\",\"url\":\"https://medium.com/marinade-finance\",\"description\":\"Marinade Medium blog\",\"timestamp\":1749827199794},{\"id\":\"WW3eGIibhH\",\"url\":\"https://marinade.finance/blog/marinade-named-exclusive-staking-provider-for-us-solana-etf\",\"description\":\"ETF filing blog\",\"timestamp\":1749827199794},{\"id\":\"If2roDiv0y\",\"url\":\"https://marinade.finance/blog/bitgo-adds-institutional-grade-access-to-marinade-native\",\"description\":\"BitGo integration blog\",\"timestamp\":1749827199794},{\"id\":\"4NwOiNduql\",\"url\":\"https://marinade.finance/features/instant-unstake\",\"description\":\"Instant Unstake feature page\",\"timestamp\":1749827199794}]"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmcTTLAKn5ayGjv6jBCKGe79Sbkr6UDniAc7j13g22qyRv\""},{"id":"commit-message","value":"\"Add Integrations, Adoption, and Features sections to mSOL article.\""},{"id":"previous_cid","value":"QmcTTLAKn5ayGjv6jBCKGe79Sbkr6UDniAc7j13g22qyRv"}],"events":[{"id":"CM66cZaZf7","date":"2021-10","title":"Launch Date","type":"CREATED","description":"mSOL Launch","link":"https://sg.finance.yahoo.com/quote/MSOL-USD/profile?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFT1mIPNf9k2skINDkzgPBPNGU3oO6JDKT1bnCnI-7ziZ0GhXitl6KD4I6-6uQlIhpBEM1g6L8vs_dusZOT2B20GTvjfVFbdq9mFSBf6AaOONwxLvbUhm8GzUqrMesiTbP8SpW1VEy9Onid6puIk_7oMP8feepR0zWc8km_pgfyT"}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0xacb6c5AD52b8f605299B0d774CE97F26e3DB80c2"},"language":"en","version":1,"linkedWikis":{"blockchains":["solana"],"founders":["lucio-tato"],"speakers":[]}}