What Marinade Staked Sol is
Marinade Staked Sol (MSOL) is a liquid-staking / restaking derivative token, currently ranked 117th by market capitalization among the assets we track. Rather than locking assets to stake, holders of Marinade Staked Sol hold a liquid claim on a staked position. That claim earns yield and can be redeployed, which is why liquid-staking tokens became DeFi collateral staples.
Marinade Staked Sol (MSOL) is a token that represents staked SOL on the Marinade Finance platform, allowing users to earn rewards while maintaining liquidity. It enables seamless participation in the Solana ecosystem while benefiting from staking rewards.
How the yield and peg work
Holding Marinade Staked Sol is holding staking yield in liquid form. The main risks are the staking provider's smart contracts and any divergence between the token's market price and the redeemable value of the stake.
MSOL is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Marinade Staked Sol first went live in 2021, giving it roughly 5 years of on-chain price history to draw on. Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. CoinPaprika classifies the project's development status as "Working product".
In sector terms it is most often filed under Solana (SOL) Token and Liquid Staking Token (LST).
Where Marinade Staked Sol sits in the market
Trading around $102.07, Marinade Staked Sol carries a market capitalization of $401.09M. Around $1.46M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.36% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Marinade Staked Sol carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. MSOL remains -72% beneath its all-time high of $361.20, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $15.23, MSOL is up +570%.
What the price history shows
Recent moves read 24-hour +0.25%, 7-day +6.75%, 30-day -3.52%, 1-year -44.91%. Across roughly the last 366 days of daily candles, MSOL endured a peak-to-trough drawdown of about 68% before stabilizing.
Volatility profile
Recent action puts Marinade Staked Sol in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -3.52%, a useful input for stop placement and position sizing.
How to evaluate a liquid-staking token like Marinade Staked Sol
For an asset of this type, three lenses matter most:
- Peg to underlying — whether MSOL trades close to the value of the stake it represents.
- Provider risk — the smart-contract and validator risk of the staking protocol behind MSOL.
- Yield and unlocks — the staking yield and how withdrawal queues behave under stress.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.