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Marinade's Solana staking grows 21.2% in Q3, revenue up 25.9% with strong yields from its Stake Auction Marketplace.

Protocol Fundamentals
23 Oct 2026
Tokenpost
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Bullish
Marinade's Solana staking grows 21.2% in Q3, revenue up 25.9% with strong yields from its Stake Auction Marketplace.

Marinade ended Q3 with 7.94 million Solana (SOL) staked, a 21.2% increase from the previous quarter, driven by growth in its Native and Select staking products. Native staking rose 47.3% to 3.77 million SOL, and Select staking grew 38.7% to 1.68 million SOL, while mSOL staking declined 6.8%. Dollar revenue increased 25.9% to over $1 million, equivalent to 10,918 SOL, with validator bond settlement fees rising 38.1% in SOL terms. Marinade's Stake Auction Marketplace (SAM) outperformed the Solana Staking Index in most epochs, offering an average yield of 5.93% before fees. A new policy directs 10% of auction fees to buy back Marinade tokens, with 4.2 million MNDE purchased during the quarter. The first distribution of these tokens began on October 1.

Marinade's Solana staking and revenue growth provide context for readers. As of Oct 24, 2026 05:21 WIB, among 50 major cryptocurrencies tradable on Pluang, 33 rose and 16 fell. Notable movers include YFI at Rp39.776.295 with a 1-day change of +2.84% and a typical hold time of 94 days, COTI at Rp200 with a +2.29% change and 122 days hold time, and CRV at Rp6.465 with a -2.19% change and 62 days hold time. The most notable figure is YFI's 67% buy order activity on Pluang.

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