How much is marinade Aked Sol (MSOL) worth today?

The live Marinade Staked SOL price today is $37.38 USD with a 24-hour trading volume of $9,401,059 USD. We update our MSOL to USD price in real-time. Marinade Staked SOL is up 4.84% in the last 24 hours. The current CoinMarketCap ranking is #609, with a live market cap of $18,614,866 USD.

Is it possible to stake Sol on Solana?

However, manually delegating/setting up staking on Solana is not only a major hassle, your staked SOL is illiquid in this form. While you do get staking rewards (~8% APY), traditionally staked SOL can’t be traded, transferred, or be used to gain more rewards.

How do I stake Sol tokens with marinade?

You can stake your SOL tokens with Marinade using automated staking strategies and receive "marinated SOL" tokens (mSOL) that you can use in decentralized finance (DeFi). The price of mSOL goes up relative to SOL each epoch with rewards being accrued into the underlying staked SOL.

How do I use MSOL in Solana Defi?

Make your stake liquid Deposit your staked SOL to Marinade to receive a fungible receipt token - mSOL. Use mSOL as collateral in DeFi Participate in a wide range of Solana DeFi projects that integrated mSOL. Exchange mSOL for another token Enter or exit your staked SOL position at any time, for the best price.