Staking SOL on Marinade

Marinade Finance is the first non-custodial liquid staking protocol built on Solana. By staking SOL with Marinade, users receive mSOL tokens in return that can be used to explore other Defi protocols and earn additional yield. mSOL can also be swapped for other tokens on decentralized exchanges like Jupiter and Orca. Create a visualization showing the amount of SOL staked on the Marinade since the beginning of February. What is the average amount of SOL staked on Marinade per transaction, and what were the 10 largest transactions? Create a histogram showing the distribution of SOL staked per transaction. What are the most popular tokens that mSOL is swapped for on Jupiter?

How much SOL staked on Marinade?

By staking SOL on Marinade, the user will receive mSOL (mints mSOL) so by calculating the amount of minted mSOL, we can answer this question in another way. But first, it is good to know how many staking transactions happened since February 1st.

Since February 1st, 6.65k SOL staking transactions happened on Marinade, but how much were they?

As you can see overall 247k mSOL minted from Marinade.So since February 1s, in each SOL staking transaction on Marinade, users minted around 37 mSOL. But what do users do with their mSOL? normally users use the DeFi part of Marinade and stake their mSOL but some of them swap their mSOL to other tokens. One of the places that they use is Jupiter. Jupiter finds the best route that users can have the best rates on the network, also it has very low fees.

In the following graph you can see the number of mSOL swapps since February 1st.

And in the following graph you can see the daily amount of mSOL swaps.

Since February 1st, over 1M mSOL swapped on Jupiter which in the next table you can see the Top tokens.

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Staking SOL on Marinade

How much SOL staked on Marinade?