Marinade Staked SOL
MSOLA liquid staking token for Solana.
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About Marinade Staked SOL
Analysis of 14 Feb 2026mSOL is Marinade Finance's liquid staking token representing staked SOL on Solana, launched in March 2021 as Solana's first native liquid staking solution. Users stake SOL and receive mSOL, which automatically accrues staking rewards while remaining liquid for DeFi use across 100+ validators with algorithmic rebalancing.
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As of February 2026, mSOL has dropped to 5th place among liquid staking tokens as JitoSOL, dzSOL, and bnSOL significantly expanded their market share, marking a strategic recalibration for Marinade away from retail mSOL growth toward institutional staking products. The mSOL token trades at $114.62 (February 10, 2026) with -17.50% decline over 7 days, underperforming the broader crypto market (-10.30%).
Marinade has pivoted toward institutional infrastructure: Marinade Select's SOL-denominated TVL increased 87.13% from 863k SOL in July 2025 to over 1.6M SOL in January 2026, surpassing 3.1M SOL by November 2025 with threefold monthly growth.
The platform serves as exclusive staking partner for Canary Capital's Solana ETF (SOLC, first ETF passing through 100% staking rewards) and VisionSys AI's planned $2B SOL treasury. Marinade Native reached 4.9M SOL offering 10-11.8% APY.
In December 2025, Marinade DAO passed MIP-17 to pause MNDE buybacks and redirect funds toward growing mSOL liquidity, resulting in mSOL supply increasing by approximately 22.3k tokens. As of January 29, 2026, validators can now set custom commission rates for Marinade stake, offering more flexibility in competing for delegation.
Total Marinade TVL across all products stands at $1.2B (9.3M SOL in Q1 2025), with revenue reaching $3.6M in Q1 2025 (+328.4% YoY, +18.2% QoQ). JitoSOL maintains regulatory validation with 21Shares ETP (JSOL) on Euronext providing institutional access to MEV-enhanced yields.