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Marinade in the media
Catch up on our latest press coverage, read our official announcements, and download our media kit.
Recent media articles
Solana Boston: Crypto & institutions panel with Hadley Stern
Panel on crypto and institutions during Solana Boston, featuring insights from Ryan Lessard (Fidelity), Perry Woodin (Node40), and Hadley Stern (Marinade), moderated by Keli Callaghan (Arrington Capital).
Messari: Marinade Q2 2024 brief
Messari’s Q2 2024 report on Marinade highlights steady growth and protocol resilience during a volatile market cycle. The report details the adoption of Marinade Native and other V2 features designed to address smart contract risk and improve validator performance. It also underscores Marinade’s role in expanding non-custodial staking options for both retail and institutional users, alongside new governance activity and ecosystem partnerships that contribute to Solana network decentralization.
DailyCoin: Solana strengthens DeFi with Coinbase cbBTC and Marinade V2
At the 2024 Breakpoint Conference in Singapore, Solana announced significant developments to bolster its decentralized finance (DeFi) ecosystem. Coinbase introduced its wrapped Bitcoin asset, cbBTC, to the Solana network, enhancing Bitcoin liquidity and cross-chain capabilities. Concurrently, Marinade Finance unveiled Marinade V2, an upgrade allowing users to stake SOL tokens directly from their wallets without transferring them to a smart contract, thereby mitigating smart contract risks. The upgrade also introduces Protected Staking Rewards (PSR), ensuring users receive expected rewards regardless of validator performance, with validators posting collateral to compensate for underperformance. These initiatives aim to strengthen Solana's DeFi infrastructure and attract more participants to its ecosystem.
Breakpoint 2024: Product Keynote: Marinade with Michael Repetny
In this Breakpoint 2024 keynote, Marinade co-founder and CEO Michael Repetný shares the evolution of Marinade since 2021, from launching Solana’s first liquid staking protocol to introducing Marinade V2. He outlines key challenges in SOL staking—like smart contract risk, validator performance, and hidden commissions—and presents Marinade’s three-part solution: Native (non-custodial staking), PSR (Protected Staking Rewards), and SAM (Stake Auction Marketplace). The talk includes real-world metrics and offers a vision for secure, decentralized staking at scale.
Bloomberg TV: The business of safeguarding crypto
In this Bloomberg segment, reporter Olga Kharif explores the high costs of safeguarding digital assets, reporting that it may cost up to 10 times more to safeguard cryptocurrency than traditional assets like securities and cash, according to Hadley Stern, Chief Commercial Officer at Marinade.
Crypto News: Zodia Custody taps Marinade Finance to offer Solana staking services
Zodia Custody has integrated Marinade Finance to provide institutional clients with non-custodial Solana staking. The partnership allows users to stake SOL directly from their cold wallets using Marinade Native, aligning with institutional demands for secure, transparent, and smart-contract-free staking solutions on Solana.
Unchained: Why Binance, Bybit, and Bitget want a piece of the Solana staking market
Unchained reports that centralized exchanges Binance, Bybit, and Bitget have each announced plans to introduce liquid staking tokens (LSTs) for Solana (SOL). These LSTs will enable users to earn staking rewards while maintaining liquidity for participation in decentralized finance (DeFi) activities such as lending and borrowing. The Solana liquid staking ecosystem has seen significant growth, with total value locked (TVL) increasing from $1.9 billion at the start of the year to $4.1 billion. Protocols like Jito, Marinade, and Sanctum currently dominate this market. The entry of major exchanges into the Solana staking space is expected to further expand the ecosystem and provide users with more options for earning rewards.
DL News: DeFi protocol Marinade looks to reclaim share of $51bn Solana staking market as competition heats up
Marinade Finance has launched its Stake Auction Marketplace (SAM), a new mechanism designed to improve validator performance and decentralisation on Solana. The marketplace allows validators to bid for stake delegations by offering better performance and lower commissions, creating a more transparent and competitive staking environment.
Blockworks: Marinade V2 introduces stake auction marketplace
Marinade Finance has announced the development of its Stake Auction Marketplace (SAM) as part of the Marinade V2 upgrade. SAM is designed to enhance staking yields by allowing validators to bid for delegations of staked SOL tokens. In this system, validators compete by offering higher yields to attract staked assets, potentially increasing staking rewards to over 9%. The marketplace aims to create a more efficient and competitive environment for staking on the Solana network.
The Block: Marinade unveils 'Stake Auction Marketplace' to boost yields and promote Solana decentralization
Marinade Finance has introduced the Stake Auction Marketplace (SAM), a platform designed to enhance staking yields and promote decentralization within the Solana network. SAM allows SOL holders to delegate their tokens to validators through an auction system, enabling them to earn competitive rewards while supporting network security. This initiative aims to distribute stake more evenly across validators, reducing centralization risks and encouraging a more robust validator ecosystem. By participating in SAM, users can optimize their staking returns and contribute to the overall health and decentralization of the Solana blockchain.
PR contact
For press inquiries, interview requests, or additional information, please reach out to:
Rachel Pipan
rachel@marinade.finance
Hugo Crispim
hugo@marinade.financeMedia kit
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