Liquidity depth per major asset
Marinade Finance's assessment for RD-F-065 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Marinade maintains a protocol-owned instant-unstake SOL liquidity pool (historically ~400,000 SOL). Instant unstake fee: dynamic 0.1%-9% based on pool utilization. DEX routing via Jupiter for mSOL-to-SOL swaps. Market data: under 25 bps price impact for trades under 5,000 SOL on Raydium mSOL/SOL pair. This represents adequate liquidity for an LST of this size. Delayed unstake is free (epoch-based, 2-3 days). Exact 2%/5% slippage depth not available programmatically (Dune 403, Solscan 403) — medium confidence based on qualitative indicators. For an LST protocol with a dedicated unstake pool, the liquidity profile is appropriate.
Sources #
- URLMarinade — Liquid Staking page (mSOL market data reference)Web search result citing Raydium mSOL/SOL pair: under 25 bps for trades under 5,000 SOLretrieved 2026-05-16
- Marinade Blog — How to use mSOL in DeFi liquidity poolsMarinade blog post on mSOL DeFi pools — protocol maintains ~400K SOL liquidity pool for instant unstakers; LPs earn half of unstake feesretrieved 2026-05-16
- Marinade Documentation — FAQMarinade FAQ — instant unstake is a DEX swap via Jupiter; Marinade Native uses market makers at 10-40 bps dynamic feeretrieved 2026-05-16
Methodology #
Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.
See the full factor methodology and distribution across all protocols →