# Marinade Liquid: mSOL, the original Solana LST

> mSOL was the first liquid staking token on Solana. It accrues staking rewards in its price while staying usable across Solana DeFi for lending, liquidity, collateral, and leverage.

Canonical HTML: https://app.marinade.finance/learn/marinade-liquid-staking-msol/

Discover how Marinade Liquid Staking maximizes the liquidity and flexibility of staked SOL while contributing to the security and decentralization of the Solana network.

## Why mSOL

**First LST on Solana.** The first liquid staking token on the Solana network. It allowed users to stake their SOL and receive mSOL in return.

**Instant liquidity.** Trade it instantly, or provide liquidity, all while still earning staking rewards.

**DeFi integrations.** Use mSOL across lending, farming, and liquidity pools for extra yield.

## Solana OG since 2021 — the original Solana LST

First liquid staking token (LST) on Solana, mSOL is now deeply integrated across DeFi. It can be used for liquidity, lending, collateral, or leverage, making it a core asset throughout the ecosystem.

[Discover the mSOL Cookbook](/learn/msol-cookbook-strategies/)

## Use mSOL across DeFi or swap it anytime

Unlock the full utility of your staked SOL — use mSOL as collateral across Solana DeFi or trade it instantly for other tokens at the best available rate.

- Earn more with lending
- Stack rewards through liquidity
- Borrow against mSOL collateral

## Value grows automatically with staking rewards

mSOL's value increases as staking rewards accumulate. Holding mSOL means your balance grows automatically, reflecting the yield earned by the underlying staked SOL.

[How does it work](https://docs.marinade.finance/marinade-protocol/protocol-overview/marinade-liquid/what-is-msol)

## Participate in DeFi with mSOL

With many integrations around the Solana ecosystem, mSOL is your gateway to accessing additional streams of income. While mSOL accrues Solana staking rewards in its token value, it can simultaneously be used in many Solana DeFi projects to earn extra yield.

[View all strategies](/learn/msol-cookbook-strategies/)

### Strategy types

| Strategy | Risks | Tokens required |
|---|---|---|
| Supply mSOL–SOL liquidity pairs | Smart contract | mSOL, SOL |
| Supply mSOL–stablecoin pairs | Smart contract, impermanent loss | mSOL, USDC / USDT |
| Borrow against your mSOL collateral | Smart contract, advanced strategies | mSOL |

### Protocols with mSOL strategies

[Marinade liquidity](https://marinade.finance/app/liquidity/) · [Kamino](https://app.kamino.finance/lending/multiply) · [MarginFi](https://app.marginfi.com/) · [Solend](https://solend.fi/) · [Orca](https://www.orca.so/) · [Raydium](https://raydium.io/swap/?inputMint=sol&outputMint=4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R) · [Meteora](https://www.meteora.ag/) · [Saber](https://app.saber.so/swap) · [Jupiter](https://jup.ag/perps) · [Drift](https://www.drift.trade/) · [Mango](https://mango.markets/) · [Hubble](https://app.hubbleprotocol.io/borrow) · [Step](https://www.step.finance/) · [Super Stake SOL](https://www.superstakesol.com/) · [Hawksight](https://www.hawksight.co/) · [Tulip Garden](https://tulip.garden/) · [Francium](https://francium.io/) · [GooseFX](https://www.goosefx.io/) · [SDX](https://sdx.markets/) · [Dual Finance](https://www.dual.finance/) · [RainFi](https://rain.fi/) · [Sniper](https://www.sniper.xyz/) · [Liquify](https://liquifynft.com/) · [Hadeswap](https://www.hadeswap.com/) · [Alto IRA](https://altoira.com/) · [Solana Hub](https://solanahub.app/overview) · [Lucky Stake](https://www.luckystake.xyz/) · [Solana Compass](https://solanacompass.com/) · [Mint's validator](https://marinade.finance/app/validators/details/mintrNtxN3PhAB45Pt41XqyKghTTpqcoBkQTZqh96iR/)

### Where to trade mSOL

[Coinbase](https://www.coinbase.com/price/marinade) · [Kraken](https://www.kraken.com/prices/marinade-staked-sol?quote=usd) · [Gate.io](https://www.gate.io/)