Marinade Staked SOL logo

Marinade Staked SOL

MSOL

Explore Marinade Staked SOL

Create a Coinbase account to buy and sell Marinade Staked SOL and start your crypto journey!

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Defi tokens

Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.

Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.

Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.

For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.

Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.

Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.

Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.

Wrapped tokens

Wrapped crypto-assets (e.g. , ) (often referred to as ‘wrapped tokens’) are tokenised representations of other crypto-assets. They are typically created to facilitate compatibility and interaction across different blockchain protocols.

Smart contract risk: Wrapped tokens rely on smart contracts to ensure their value remains pegged to the underlying asset. These contracts could have vulnerabilities or flaws that can be exploited, potentially leading to a loss of funds.

Collateral risk: The value of a wrapped token is typically backed by an equivalent amount of the underlying asset. If the mechanisms ensuring this collateralization fail, the wrapped token's value might not be preserved.

Custodial risk: The underlying assets for wrapped tokens may be held in custody by a third party. If this party becomes insolvent, mismanages the assets, or is subjected to fraud or hacking, the value of the wrapped token might be jeopardized.

Bridging risk: Wrapped tokens are often used to bridge assets between different blockchain ecosystems. The integration layers that facilitate these bridges might suffer from technical issues, hampering the ability to transfer or utilize the tokens as intended.

Pricing disparity: In certain situations, the price of the wrapped asset and its underlying asset might diverge due to market inefficiencies or liquidity issues.

About Marinade Staked SOL

mSOL tokens represent SOL tokens staked using the Marinade.Finance liquid staking protocol. Marinade.Finance users receive mSOL tokens that accrue staking rewards upon staking SOL tokens. Since mSOL tokens are liquid, they can be used to participate in DeFi across the Solana ecosystem.

Market

United Kingdom Market Stats

Market cap

£683.3M

Volume (24h)

£14.3M

Circulating supply

5.1M MSOL

Typical hold time

8 days

Popularity

#215

All time high

£202.56

Price change (1h)

-0.2%

Price change (24h)

+0.19%

Price change (7d)

-6.67%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom News about Marinade Staked SOL

BeInCrypto • Apr 27, 24

Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS)

Vitalik Buterin said the PoS transition was necessary to align with the network's long term goal and also address energy consumption concerns.The post Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS) appeared first on BeInCrypto.

Read more

News Article Image

The Defiant • Apr 27, 24

Our Most Read Stories This Week: Telegram & Stripe Payments; $12M CryptoPunk; Consensys vs. SEC; Renzo Depeg

The Defiant's most read stories for the week of April 22.

Read more

News Article Image

BeInCrypto • Apr 27, 24

Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights

This move reflects Oklahoma's commitment to protecting its residents' Bitcoin ownership rights amid ongoing regulatory challenges facing the cryptocurrency industry nationwide.The post Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • Apr 27, 24

New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

UK's new cryptoasset legislation enables authorities to confiscate items like passwords and memory sticks that could aid criminal inquiries.The post New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto appeared first on BeInCrypto.

Read more

News Article Image

Decrypt • Apr 27, 24

This Week in Coins: Bitcoin Stumbles but Meme Coins Come Out Winning—Again

Bonk, Pepe, and Floki are among the biggest gainers of the past seven days.

Read more

News Article Image

BeInCrypto • Apr 27, 24

5 Altcoins You Should Keep an Eye on in May

These crypto assets have been overlooked in the past few weeks but the coming month could change things up.The post 5 Altcoins You Should Keep an Eye on in May appeared first on BeInCrypto.

Read more

News Article Image

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Marinade Staked SOL in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Marinade Staked SOL Calculator

Marinade Staked SOL is on the decline this week.

The price of Marinade Staked SOL has decreased by 0.20% in the last hour and increased by 0.19% in the past 24 hours. Marinade Staked SOL’s price has also fallen by 6.67% in the past week. The current price is £133.16 per MSOL with a 24-hour trading volume of £14.26M. Currently, Marinade Staked SOL is valued at 34.26% below its all time high of £202.56. This all-time high was the highest price paid for Marinade Staked SOL since its launch.

The current circulating supply of Marinade Staked SOL is 5,137,828 MSOL which means that Marinade Staked SOL has as total market cap of 5,137,828.

FAQ

What is the current price of Marinade Staked SOL?

We update our Marinade Staked SOL to GBP currency in real-time. Get the live price of Marinade Staked SOL on Coinbase.

What is the market cap of Marinade Staked SOL?

The current market cap of Marinade Staked SOL is £683.27M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Marinade Staked SOL?

The all-time high of Marinade Staked SOL is £202.56. This all-time high is highest price paid for Marinade Staked SOL since it was launched.

What is the 24 hour trading volume of Marinade Staked SOL?

Over the last 24 hours, the trading volume of Marinade Staked SOL is £14.26M.

What other assets are similar to Marinade Staked SOL?

Assets that have a similar market cap to Marinade Staked SOL include Bonk, WEMIX, Manta Network, and many others. To see a full list, see our comparable market cap assets.

How many Marinade Staked SOL are there?

The current circulating supply of Marinade Staked SOL is 5.1 million.

What is the typical holding time of Marinade Staked SOL?

The median time that Coinbase customers hold Marinade Staked SOL before selling it or sending it to another account or address is 8 days.

What is the relative popularity of Marinade Staked SOL?

Marinade Staked SOL ranks 276 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Marinade Staked SOL?

Currently, 50% of Coinbase users are buying Marinade Staked SOL. In other words, 50% of Coinbase customers have increased their net position in Marinade Staked SOL over the past 24 hours through trading.

Can I buy Marinade Staked SOL on Coinbase?

Yes, Marinade Staked SOL is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Marinade Staked SOL guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024