mSOL Token

mSOL is the derivative token representing stake position in the Marinade stake pool. The supply of this token is controlled by Marinade using burning and minting operations in accordance with the overall state of the program.

This token constantly increases in price after each epoch, as long as there are staking rewards distributed. The rewards are accumulated on total_staked.

Price of mSOL = total_staked / tokens_minted

mSOL token address: mSoLzYCxHdYgdzU16g5QSh3i5K3z3KZK7ytfqcJm7So

mSOL price: https://www.coingecko.com/en/coins/marinade-staked-sol

mSOL stats: https://stats.marinade.finance/

mSOL price

It is important to note that mSOL has a true price, guaranteed in our protocol, but can have a different price on DEXs and exchanges when the mSOL/XXX pair becomes unbalanced.

This situation is often quickly fixed by arbitrage. Nonetheless, we invite our users to compare the price of mSOL on Marinade to the one on DEXs in your trades and choose the most profitable for you.

Oracles

Our mSOL price is powered by Pyth and Switchboard. We also recently announced our partnership with Chainlink to bring even more security and trust to our protocol.