Borrow Stablecoins Against Staked SOL with mSOL on Maple

Institutions staking Solana with Marinade can now access overcollateralized stablecoin loans through Maple Finance’s platform. Thanks to this new partnership, Maple has added support for Marinade’s mSOL (Marinade Liquid Staking Token) token as loan collateral. This means Solana stakers can continue earning their staking rewards while unlocking liquidity in the form of USDC or USDT loans. Assets remain in qualified custody and keep accruing staking yields even while serving as collateral.

Maple Finance is a leading institutional crypto lending platform with over $7.23 billion in loan volume across 400+ institutional loans. With the addition of mSOL, Maple’s Solana expansion takes another major step forward. Marinade, as the largest liquid staking provider on Solana, brings its trusted and widely integrated mSOL token into Maple’s lending infrastructure — providing institutions with a new, capital-efficient way to finance operations on Solana.

Bridging Staking and Borrowing on Solana

Staking SOL traditionally meant locking it up, which could limit liquidity and flexibility. Marinade changed that with liquid staking: when you stake SOL with Marinade, you receive mSOL — a token that represents your staked SOL and automatically accrues your staking rewards.

Now, with Maple’s support for mSOL as collateral, institutional holders can adopt a “stake-and-borrow” strategy. Stake SOL via Marinade to earn rewards, and borrow stablecoins against that same position through Maple — without needing to unwind the stake. It’s a powerful combination of yield generation and liquidity access.

Institutional-Grade Lending with Maple

Maple’s platform is built for institutional borrowers, with features including:

• Qualified Custody: Assets are held with licensed custodians, eliminating smart contract risk
• Seamless Onboarding: Quick setup and best-in-class customer support
• Flexible Terms: Fixed-rate loans, customizable LTVs, and multiple tenors
• Deep Liquidity: Borrow up to $250M in USDC or USDT

Backed by legal loan agreements, Maple’s structure offers transparency and protections that professional firms expect — including margin call management, credit checks, and enforceable rights.

How It Works: From Staked SOL to Stablecoins

1. Pledge SOL to Maple custody
   Collateral is held securely; borrower retains visibility at all times.
2. Execute a loan agreement
   Legal documents define terms and preserve collateral rights.
3. Stake SOL via Marinade
   The SOL is staked and converted into mSOL, which continues to earn rewards.
4. Draw stablecoins
   Receive USDC or USDT for operational use, while your SOL remains productive.

Throughout the process, staked SOL continues earning rewards. The borrower benefits from capital efficiency and liquidity — without needing to sell or wait through unstaking delays.

Why Use mSOL as Collateral?

• Dual Yield and Liquidity: Keep earning staking rewards while accessing stablecoin credit
• No Unstaking Delays: Avoid the usual 2–3 day unlock period; liquidity is immediate
• Capital Efficiency: Staked SOL secures the network, earns yield, and enables borrowing — all at once
• Institutional Protections: Legal contracts and qualified custody provide compliance-ready infrastructure

mSOL is currently the only Solana-based liquid staking token accepted by Maple, underscoring its maturity and reliability as institutional-grade collateral.

Composable Institutional DeFi

This partnership represents a powerful use case of composable DeFi on Solana. Institutions no longer have to choose between earning yield and keeping capital liquid. With Marinade and Maple, they can do both:

• Support the network via staking
• Earn rewards through mSOL
• Borrow stablecoins to fund operations or investments

Marinade’s SOC 2 Type I compliance, wide custodian support, and DeFi integrations — combined with Maple’s proven credit infrastructure — bring Solana one step closer to becoming the go-to ecosystem for institutional DeFi.

Get Started

Institutional borrowers can now use Marinade’s mSOL to unlock stablecoin liquidity with flexible loan terms, professional custody, and ongoing yield on Maple.

👉 Contact the Marinade team to explore how to integrate this solution into your treasury strategy.

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