Marinade (MNDE) — price, funding and open interest
MNDE/USDT perpetual on HTX · Coinbase: price 0.026120, 24h turnover $596K. Updated in real time.
What this is
Decentralised financeMarinade is Solana liquid staking and one of the network's oldest protocols: deposited SOL is spread across a hundred-plus validators by an algorithm that rewards the small ones and penalizes downtime, returning mSOL that works in DeFi. The side role turned out to be the main one: by distributing other people's stake, Marinade noticeably shapes the decentralization of Solana itself. The MNDE token governs the protocol. Risks are the usual for liquid staking: smart contracts plus a possible mSOL-to-SOL price gap under stress.
Chart
Chart built from data of Coinbase
MNDE unlocks
Our sources have no unlock schedule for this coin. 78.1 % of the issued supply is in circulation per CoinGecko; the rest may be locked or not yet issued.
Net issuance will appear once our supply ledger covers 30 days.
Supply figures are from CoinGecko, updated once a day. We do not take unlock schedules from trackers.
MNDE buybacks
All buybacks & burns →Sources: Marinade Liquid Staking, Marinade Native, Marinade Select. Only market buybacks and burns — fee payouts to holders are not included. Amounts are in dollars at that day's price.
What the data shows
MNDE trades at 0.026120. Over 365 days it ranged between 0.013430 and 0.1306; the price now sits in the lower third of that range — 11% of the way from the yearly low to the high.
All-time high is 0.2063 (December 2024); the price is 87% below it now.
The daily range is 2.4% and five-minute NATR is 0.23%. That range is at percentile 0 for the year — a noticeably calmer day than usual.
24-hour turnover is $596K — percentile 22 for the year: a normal level of activity for it.
NATR is 0.21% on the minute and 0.56% on the hour — price grinds: the hourly range is barely wider than the minute one.
MNDE correlation with Bitcoin over 24 hours is 0.01 — it goes its own way, barely looking at Bitcoin.
Traded on 2 venues: HTX, Coinbase — the price is cross-checked across several sources.
Over the day +0.97%, over the hour -0.12%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1092 of 2073 instruments in the screener.
By daily range it ranks 1195 of 2073.
Built from current numbers and the coin's own year of history. Updates with the data.
How MNDE behaved before
Tracked since December 2024 — 22 full months. 11 of 22 closed higher, median month -0.9%.
Best month — December 2024: +199.5%. Worst — November 2025: -39.8%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now MNDE is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — decentralised finance. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.