For the complete documentation index, see llms.txt. This page is also available as Markdown.

Protocol Overview

Marinade Finance was built to bring to life a vision. A non-custodial liquid staking solution on Solana, decentralizing the network.

What Can You Do on Marinade?

Marinade offers flexible staking options and tools to manage your SOL across different formats:

Marinade Native

Stake SOL or deposit a stake account directly into Marinade while retaining full control. Your stake stays entirely on-chain in stake accounts your own wallet owns, and is automatically delegated through Marinade's Stake Auction Marketplace, which matches stake with high-performing validators in a permissionless, market-driven process.

You can also migrate your existing native staked accounts into Marinade to benefit from automated delegation and performance optimization.

Marinade Select

A premium staking set powered by Marinade. It includes a vetted group of community-recognized validators that meet strict criteria for performance, compliance, and decentralization.

Marinade Liquid

Stake SOL or deposit a stake account to receive mSOL, a liquid staking token that can be used throughout the Solana DeFi ecosystem.

You can also swap other liquid staking tokens into mSOL, or convert mSOL and other staking positions back to SOL through immediate or delayed unstaking.

Marinade Recipes

Stake SOL the Marinade Native way, but have your staking rewards paid out in a token of your choice instead of SOL. Your stake accounts stay in your own wallet.

USDC Earn Vault

Deposit USDC into a curated lending vault and earn on stablecoins, with no lockup and instant withdrawal. Withdrawals depend on available liquidity in the underlying lending markets and can be limited when utilization is high.

Marinade Borrow

Borrow against your mSOL without unstaking or converting it first.

Instant Unstake

Exit a staking position in a single transaction instead of waiting out the unlock period, at a market-set rate. On native stake, Instant Unstake needs a position of 1 SOL or more. mSOL has no such minimum.


What's So Special About Marinade Native?

Marinade Native provides a secure, non-custodial staking experience with:

  • Full ownership of your SOL at all times. Your wallet keeps the withdraw authority, so only you can move the SOL out

  • No Marinade contract ever holds your SOL. Marinade takes only the stake authority, which can delegate, split and merge your stake accounts but can never withdraw from them

  • Automatic validator delegation and rebalancing

  • Redelegate existing stake accounts without unstaking

  • Unstake anytime, with two exits. Instant Unstake returns SOL in a single transaction at a market-set rate and needs a position of 1 SOL or more on native stake. Delayed Unstake works at any size on Marinade Native and Select (mSOL has a 1.0043 SOL minimum) and becomes claimable after one epoch. Native has no start-time cut-off. For mSOL, starting in the last 2 hours of an epoch makes the claim one epoch later

  • Community-led governance through the Marinade DAO

Marinade Native is non-custodial, not contract-free. Delegation is routed through Marinade's Native Staking Proxy program, which holds the stake authority through PDAs. See Marinade Native: API & SDK for the program and authority addresses.

There is no deposit fee and no ongoing management fee on Marinade Native. Exiting a position does carry a cost: see Fees and Pricing.


What's So Special About Marinade Liquid?

Staking with Marinade for mSOL offers several unique advantages:

  • Stake SOL and receive mSOL, which grows in value with rewards

  • Use mSOL in DeFi for collateral, trading, or yield strategies, including Marinade Borrow

  • Convert an existing stake account into mSOL, if it is delegated to a validator in Marinade's validator set (otherwise migrate it to Marinade Native)

  • Trade mSOL on secondary markets at market rates

  • No performance fee on staking rewards. Marinade takes 0% of the rewards the pool earns

Delayed unstaking of mSOL carries a 0.2% protocol fee. See Fees and Pricing.

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