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Marinade

MNDE Rank #1093
$0.0251▲ 1.06%24h
Low $0.0245High $0.026

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Market cap$13.54MRank #1093
Fully diluted value$17.35M
Volume (24h)$1.11MVol / Mcap 8.22%
Circulating supply546.40M54.6% of max
Total supply700.00M
Max supply1.00B
All-time high$1.64Oct 8, 2021
All-time low$0.0148Jul 1, 2026

What is Marinade?

Overview

Marinade enables Solana holders to participate in network validation without locking their assets. Users deposit SOL and receive mSOL in return, which can be used across Solana's DeFi ecosystem—including lending protocols, liquidity pools, and NFT purchases. This dual-use model addresses the liquidity constraints typically associated with proof-of-stake networks.

How it works

Marinade operates on Solana, converting SOL into mSOL through a liquid staking mechanism. The mSOL token represents a claim on staked SOL and accrued staking rewards, allowing users to simultaneously secure the network and maintain capital efficiency in DeFi applications.

Token and supply

MNDE is the governance token for the Marinade protocol. The maximum supply is fixed at 1 billion tokens. MNDE holders participate in protocol governance decisions. The token is listed across multiple exchanges including Coinbase Exchange, Crypto.com Exchange, Gate.io, and Raydium.

Where to trade MNDE

8 exchanges · top 10

All 8 markets
#ExchangePairsVolume (24h)
1Coinbase Exchange logoCoinbase ExchangeExchangeMNDE / USD$783.6KTrade ↗
2Gate logoGateCEXMNDE / USDT$226.4KTrade ↗
3HTX logoHTXCEXMNDE / USDT$1.58MTrade ↗
4Orca logoOrcaSpot DEXMNDE / MSOL · MNDE / WSOL · MNDE / USDC +3$28.0KTrade ↗
5Meteora logoMeteoraSpot DEXMNDE / WSOL · MNDE / USDC$14.9K—
6Crypto.com Exchange logoCrypto.com ExchangeCEXMNDE / USD$10.0KTrade ↗
7Raydium logoRaydiumSpot DEXMNDE / MSOL$1.1KTrade ↗
8Mercado Bitcoin logoMercado BitcoinExchangeMNDE / BRL$0.3793Trade ↗
Live spot quotes from connected exchanges
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MNDE funding rates

Live perpetual funding on every connected exchange. Positive = longs pay shorts.

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Contracts & chains

Exact contract or mint per network — the identity layer used for DEX routing.

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On-chain routes

Networks with a connected DEX routing adapter.

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Marinade news

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