

Marinade Finance is an unmanaged liquidity pledge agreement based on the Solana blockchain. As of December 20, 2025, MNDE maintains a market capitalization of approximately $22.06 million with a fully diluted valuation of $28.03 million. The token has a circulating supply of approximately 550.86 million MNDE out of a total supply of 700 million, with a current price hovering around $0.04004. Since its all-time high of $1.64 in October 2021, MNDE has experienced significant price depreciation, with a year-to-date decline of 72.11%, reflecting the broader market challenges facing the cryptocurrency sector. With approximately 62,805 token holders and trading across 6 exchanges, MNDE has established itself within the Solana ecosystem's staking infrastructure. This comprehensive analysis will evaluate MNDE's investment value proposition, historical price performance, risk considerations, and market dynamics to provide investors with an informed perspective on this digital asset.
Based on available historical data, Marinade has experienced significant price volatility since its inception:
The price trajectory from 2021 to present demonstrates substantial capital erosion, with the token declining approximately 97.56% from its all-time high.
| Metric | Value |
|---|---|
| Market Capitalization | $22,056,240.45 |
| Fully Diluted Valuation (FDV) | $28,027,915.93 |
| 24-Hour Trading Volume | $331,022.61 |
| Market Dominance | 0.00087% |
| Market Cap to FDV Ratio | 55.09% |
| Circulating Supply | 550,855,156 MNDE |
| Total Supply | 699,997,900.37 MNDE |
| Maximum Supply | 1,000,000,000 MNDE |
| Supply Circulation Ratio | 55.09% |
Real-time MNDE market data available at Gate
Marinade Finance is an unmanaged liquidity staking protocol built on the Solana blockchain. The protocol enables users to participate in network validation while maintaining token liquidity through derivative instruments.

Report Date: December 20, 2025
Marinade Finance (MNDE) is an unmanaged liquidity staking protocol built on the Solana blockchain. As of the report date, MNDE is trading at $0.04004 with a market capitalization of approximately $22.06 million and a fully diluted valuation of $28.03 million. The token ranks 827th by market cap, with significant downward price pressure over extended timeframes.
Supply Structure:
Price History Context:
The moderate circulating supply ratio suggests room for token distribution expansion, which may create additional selling pressure if new tokens enter circulation.
Current Performance Indicators:
| Timeframe | Price Change |
|---|---|
| 1 Hour | -0.6% |
| 24 Hours | +0.98% |
| 7 Days | -39.2% |
| 30 Days | -44.99% |
| 1 Year | -72.11% |
Technical Analysis Signals:
Technical indicators predominantly show neutral sentiment with no strong directional bias.
Support Levels (based on Pivot Point analysis):
TVL Growth in 2025: Marinade's Total Value Locked (TVL) demonstrated impressive growth during 2025. Marinade Native, its non-custodial staking product, experienced a 21.0% quarter-over-quarter increase, indicating active protocol adoption and user engagement within the Solana ecosystem.
Market Activity:
Multiple forecasting sources present divergent scenarios:
Moderate Growth Scenario:
Conservative Estimates:
Extended Range Predictions:
The market shows neutral sentiment across multiple technical indicators, reflecting uncertainty about near-term price direction. Historical price action reveals a sustained downtrend from 2021 peaks, with 2025 showing mixed recovery signals.
Negative Factors:
Positive Factors:
Contract Address:
Official Resources:
This analysis is based solely on factual data and observable market metrics as of December 20, 2025. This report does not constitute investment advice, financial recommendations, or predictions of future price movements. Cryptocurrency investments carry substantial risk, including potential total loss of capital. Investors should conduct independent research and consult financial advisors before making investment decisions.
Click to view MNDE long-term investment and price forecast: Price Prediction
Disclaimer: This analysis is based on available market data and predictive models. Past performance does not guarantee future results. Cryptocurrency markets are volatile and subject to rapid changes. This content is for informational purposes only and should not be considered as investment advice.
| 年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
|---|---|---|---|---|
| 2025 | 0.0576433 | 0.04031 | 0.0334573 | 0 |
| 2026 | 0.061710579 | 0.04897665 | 0.028406457 | 22 |
| 2027 | 0.07969480488 | 0.0553436145 | 0.03984740244 | 38 |
| 2028 | 0.0938517014691 | 0.06751920969 | 0.0384859495233 | 68 |
| 2029 | 0.112152783255574 | 0.08068545557955 | 0.054866109794094 | 101 |
| 2030 | 0.141736105543816 | 0.096419119417562 | 0.053994706873834 | 140 |
Marinade Finance is an unmanaged liquidity staking protocol built on the Solana blockchain. The project enables users to stake SOL tokens while maintaining liquidity through derivative tokens.
| Metric | Value |
|---|---|
| Token Symbol | MNDE |
| Current Price | $0.04004 |
| Market Capitalization | $22,056,240.45 |
| Fully Diluted Valuation | $28,027,915.93 |
| Circulating Supply | 550,855,156 MNDE |
| Total Supply | 699,997,900.37 MNDE |
| Max Supply | 1,000,000,000 MNDE |
| Market Ranking | #827 |
| Total Holders | 62,805 |
| 24H Trading Volume | $331,022.61 |
| Period | High Price | Low Price | Current Change |
|---|---|---|---|
| All-Time High | $1.64 (Oct 9, 2021) | — | -97.56% |
| All-Time Low | — | $0.0282187 (Aug 29, 2022) | +41.80% |
| 52-Week Range | — | — | -72.11% |
| Timeframe | Change % | Change Amount |
|---|---|---|
| 1 Hour | -0.60% | -$0.000242 |
| 24 Hours | +0.98% | +$0.000389 |
| 7 Days | -39.20% | -$0.025815 |
| 30 Days | -44.99% | -$0.032747 |
| 1 Year | -72.11% | -$0.103524 |
MNDE has experienced significant downward pressure over the past year, declining 72.11% from its peak, indicating a challenging market environment for the token.
Asset Allocation Proportions:
Risk Hedging Options: Multi-asset portfolio including stable SOL positions, diversified DeFi protocols, and stablecoin reserves
Secure Storage: Hardware wallet storage recommended for long-term holdings; hot wallet usage limited to active trading amounts
Marinade Finance represents a significant infrastructure component within the Solana ecosystem, providing non-custodial staking solutions. However, the token has experienced a severe 72% decline over twelve months, reflecting broader market headwinds and potential challenges to the project's value proposition.
Short-term outlook: High volatility and downward momentum suggest caution in near-term entry points.
Long-term perspective: If Solana adoption accelerates and staking protocols gain market traction, MNDE could recover value; however, this remains speculative.
✅ Beginners: Dollar-cost averaging (small monthly purchases) combined with secure hardware wallet storage to reduce timing risk.
✅ Experienced Investors: Consider position building during specific technical support levels; maintain strict position sizing (2-5% of crypto allocation maximum).
✅ Institutional Investors: Strategic accumulation during market weakness tied to fundamental developments in Solana ecosystem expansion.
Cryptocurrency investments carry substantial risk, including potential total loss of principal. MNDE has demonstrated extreme volatility and sustained downward price action. This report is provided for informational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell any security. Investors should conduct independent research and consult qualified financial advisors before making investment decisions. Past performance does not guarantee future results.
Report Generated: December 20, 2025
Data Sources: Market data as of 2025-12-20 10:20:33 UTC
Q1: What is Marinade Finance (MNDE) and how does it function?
A: Marinade Finance is an unmanaged liquidity staking protocol built on the Solana blockchain. It enables users to stake SOL tokens while maintaining liquidity through derivative tokens. This non-custodial mechanism addresses a key challenge in traditional staking where assets become locked and illiquid. Users can participate in Solana network validation while retaining the ability to trade or use their tokens in other DeFi applications through the Marinade derivative token system.
Q2: What is the current market performance and price status of MNDE as of December 20, 2025?
A: As of December 20, 2025, MNDE is trading at $0.04004 with a market capitalization of $22.06 million and a fully diluted valuation of $28.03 million. The token ranks 827th by market capitalization with approximately 62,805 token holders. Over the past year, MNDE has declined 72.11%, while the 7-day price change shows a -39.2% decrease. The token has experienced a devastating 97.56% decline from its all-time high of $1.64 in October 2021, reflecting extended market pressure and challenging market conditions.
Q3: Is MNDE a suitable investment for long-term holders?
A: Long-term investment in MNDE carries significant risk but presents potential opportunity if Solana ecosystem adoption accelerates. Base case scenarios project prices between $0.054 and $0.096 by 2030, while optimistic scenarios suggest $0.096 to $0.142. However, these projections remain speculative. The protocol demonstrates utility through TVL growth and Marinade Native product adoption within the Solana ecosystem. Conservative investors should consider dollar-cost averaging with strict position sizing (1-3% of cryptocurrency allocation) and hardware wallet storage. The sustained downtrend since 2021 indicates structural headwinds that must be carefully evaluated before committing capital.
Q4: What are the primary risks associated with investing in MNDE?
A: Key risks include: (1) Market Risk—MNDE has declined 72.11% year-over-year with high volatility and limited 24-hour trading volume of $331,022, creating potential slippage; (2) Liquidity Risk—the token trades on only 6 exchanges, restricting market accessibility; (3) Technical Risk—protocol complexity introduces smart contract vulnerability potential; (4) Ecosystem Dependency—MNDE performance depends entirely on Solana blockchain adoption and validator network stability; (5) Regulatory Risk—changes in staking protocol regulation could impact token utility and value; (6) Supply Risk—with only 55.09% of maximum supply in circulation, additional token distribution could create selling pressure.
Q5: What short-term price outlook exists for MNDE through 2025?
A: Short-term price forecasts for MNDE present three scenarios: (1) Conservative Forecast—$0.0335 to $0.0403, indicating relatively flat to modest downside; (2) Neutral Forecast—$0.0403 to $0.0576, suggesting 8-44% potential recovery; (3) Optimistic Forecast—$0.0576 to $0.0816, reflecting 44-104% upside potential. Current technical indicators show neutral sentiment across RSI, MACD, and momentum metrics, providing no strong directional bias. Traders should note the recent 39.2% 7-day decline and substantial selling pressure, making near-term predictions highly uncertain. Support levels exist at $0.0410, $0.0384, and $0.0333.
Q6: How does MNDE's supply structure impact investment potential?
A: MNDE's supply composition presents both opportunities and risks. The token has a maximum supply of 1 billion MNDE, with 550.86 million currently circulating (55.09% of maximum). This relatively moderate circulation ratio indicates approximately 449.14 million tokens remain for future distribution. The market cap to FDV ratio of 55.09% reflects this supply dynamic. Increased token circulation could create additional selling pressure if new MNDE enters the market through vesting schedules or incentive programs. However, the existing supply structure suggests room for ecosystem growth and community distribution, which could support long-term value creation if adoption accelerates significantly.
Q7: What investment strategy should different investor types pursue with MNDE?
A: Investment approaches vary by investor profile: (1) Beginners—implement dollar-cost averaging with small monthly purchases combined with hardware wallet storage to reduce timing risk and avoid large lump-sum exposure; (2) Experienced Investors—consider position building during technical support levels ($0.0410, $0.0384) while maintaining strict position sizing of 2-5% maximum of cryptocurrency allocation; (3) Institutional Investors—pursue strategic accumulation during market weakness tied to fundamental developments in the Solana ecosystem. All investor types should implement stop-loss discipline, avoid margin trading given volatility, and maintain multi-asset portfolio diversification including SOL positions, alternative DeFi protocols, and stablecoin reserves as hedging mechanisms.
Q8: What catalysts could potentially drive MNDE recovery and future growth?
A: Primary growth catalysts include: (1) Solana Network Expansion—accelerated SOL adoption and increased validator participation would drive demand for liquid staking solutions; (2) Protocol Enhancements—improvements to Marinade Native product functionality and non-custodial staking mechanisms could increase TVL and protocol utility; (3) DeFi Market Recovery—broader cryptocurrency market recovery and renewed institutional participation in staking solutions would benefit MNDE; (4) TVL Growth—the 21% quarter-over-quarter increase in Marinade Native TVL during 2025 demonstrates active protocol adoption; (5) Exchange Listings—expansion from current 6 exchanges to major tier-one venues would improve liquidity and accessibility. Mid-term projections (2026-2028) suggest potential 22-68% returns if these catalysts materialize, though such outcomes remain speculative and carry substantial execution risk.
Disclaimer: This analysis is provided for informational purposes only and does not constitute investment advice, financial recommendations, or predictions of guaranteed future price movements. Cryptocurrency investments carry substantial risk, including potential total loss of principal capital. Investors should conduct independent research and consult qualified financial advisors before making investment decisions. Past performance does not guarantee future results.











