Deposit Fee
There is no deposit fee for any of the following Marinade staking options:
Marinade Native
Marinade Select
Marinade Liquid
Unstake Fee
Instant Unstake
For Marinade Native positions (and other regular native staking positions):
Fee: Dynamic, typically between 10 and 40 basis points (0.10–0.40%).
Applies to: Marinade Native positions and other native staking positions exited via Instant Unstake.
Notes: Pricing is determined by an open market and depends on how market makers (takers) quote it. The quote shown in the UI already reflects this pricing, including any fee or spread.
For Marinade Liquid (mSOL):
Fee: No protocol fee
Notes: This is effectively a swap, not a traditional unstake. Price impact may apply depending on swap size and available liquidity.
Delayed Unstake (1-epoch delay)
For Marinade Native, Marinade Select, Marinade USDG and Marinade Liquid (mSOL):
Fee: 0.2% (20 basis points).
Notes: Provides predictable exit pricing and shifts protocol revenue toward exit-based fees instead of continuously charging staking rewards.
Performance Fee
Marinade Select:
Fee: 20 basis points (0.20%) on TVL annually
This fee remains unchanged and is independent of the conditional performance fee model.
Stake Auction Market (SAM):
75% fee on bid flow (validators pay to receive stake)
0% fee on staking rewards
Revenue Sharing & Transparency
Revenue Allocation
Protocol revenue is allocated by the Marinade DAO in accordance with approved governance proposals.
Following MIP-17, the DAO shifted focus away from automatic MNDE buybacks and toward supporting protocol liquidity, stability, and long-term growth. Revenue may be used for:
Liquidity provisioning
Ecosystem development and operations
MNDE-related initiatives, including buybacks when approved by the DAO
Transparency
Hextech Dashboard – DAO revenue, allocations, and historical activity
Marinade Realms Treasury – On-chain governance and treasury management