The mSOL Cookbook: DeFi strategies for your liquid stake

Discover the highest earning opportunities for your mSOL, where you can effortlessly maximize your profits.

Liquidity providing

Supply mSOL–SOL liquidity pairs

Tokens: mSOL, SOL
Risks: smart contract
Platforms: Marinade, Meteora, Aldrin, Francium, Orca, Raydium, Saber

Supply mSOL–stablecoin pairs

Tokens: mSOL, USDC
Risks: smart contract, impermanent loss
Platforms: Aldrin, Atrix, Orca, Raydium

Supply mSOL, non-stable liquidity pairs (like mSOL–MNDE)

Tokens: mSOL
Risks: smart contract, impermanent loss
Protocols: Atrix, Aldrin, Mango, Meteora, Orca, Saber, Step

Supply mSOL to concentrated liquidity pools

Tokens: mSOL
Risks: smart contract, impermanent loss, leveraged strategies
Protocols: Kamino, Orca

Supply mSOL to concentrated liquidity vaults

Tokens: mSOL
Risks: smart contract, impermanent loss, advanced strategies
Protocols: Kamino, Hawksight

Lending and collateral

Lend mSOL

Tokens: mSOL
Risks: smart contract, leveraged strategies
Platforms: Drift, Francium, Mango, MarginFi, Port, PsyFi, Solend

Leverage

Leveraged mining with mSOL

Tokens: mSOL
Risks: smart contract, impermanent loss, leveraged strategies, advanced strategies
Protocols: Francium, Raydium, Saber, Tulip Garden

Leveraged staking

Tokens: mSOL
Risks: smart contract, leveraged strategies, advanced strategies
Protocols: Super Stake SOL, Solend, Mango, Kamino

mSOL-only strategies

Borrow against your mSOL collateral

Tokens: mSOL
Risks: smart contract, advanced strategies
Protocols: Drift, Hubble, Port, PsyFi, Solend

On-chain mSOL options trading

Tokens: mSOL
Risks: smart contract, impermanent loss, advanced strategies
Protocols: Dual Finance, SDX

Supply mSOL as single-sided liquidity

Tokens: mSOL
Risks: smart contract, advanced strategies
Protocols: GooseFX

Go long and short using mSOL

Tokens: mSOL
Risks: impermanent loss, leveraged strategies, advanced strategies
Platforms: Drift, Mango, Jupiter

Buy and hold mSOL on a central exchange

Tokens: mSOL
Risks: central custody
Exchanges: Coinbase, Gate.io, Kraken, Alto IRA

NFT-Fi

Buy NFTs with mSOL

Tokens: mSOL
Risks: smart contract
Protocols: Hadeswap, Liquify, SolSniper

Borrow mSOL with NFTs

Tokens: mSOL
Risks: smart contract, leveraged strategies
Protocols: RainFi

Risk glossary

Risk

What it means

Smart contract

User is exposed to smart contract/platform risk. Consult each protocol's security documentation for a better understanding of risk exposure.

Impermanent loss

User's position features multiple tokens exposed to market conditions that may create impermanent loss.

Advanced strategies

In addition to basic smart-contract risk, a position in this strategy also involves a more complex, automated investing strategy.

Leveraged strategies

This position is subject to liquidation, where market conditions may cause a user to lose ownership of an active position on the platform. This is common in loan and leveraged strategies.

Central custody

Assets held by a centralized entity like a bank or exchange.