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Marinade Finance Onchain Financials Now Live on CoinGecko: Boosting Crypto Transparency

Marinade Finance Onchain Financials Now Live on CoinGecko: Boosting Crypto Transparency

Hey crypto enthusiasts, if you're into keeping tabs on the real meat behind your favorite tokens, here's some fresh news that's got the community buzzing. Token Terminal just dropped an update on X (formerly Twitter) announcing that Marinade Finance's onchain financials are now live on CoinGecko. This means you can dive straight into key metrics like fees, revenue, and more, right on the platform you probably already use for price checks.

For those who might not be deep in the weeds, Marinade Finance is a popular liquid staking protocol on the Solana blockchain. It lets users stake their SOL tokens without locking them up, earning rewards while keeping liquidity through mSOL tokens. The MNDE token is their governance asset, and now, its financial health is more transparent than ever.

Screenshot of Marinade Finance onchain financials on CoinGecko app

What This Integration Means for Users

CoinGecko, one of the go-to sites for crypto market data, has teamed up with Token Terminal to bring onchain metrics front and center. Token Terminal acts as the official onchain data provider, pulling real-time info directly from the blockchain. This isn't just fluff—it's about fundamentals growing in importance in a market often swayed by hype and memes.

Imagine checking out MNDE's page on CoinGecko and seeing charts for fees and revenue over time. In the screenshot shared by Token Terminal, you can spot 24-hour fees at $94.4K (down 86.5%) and revenue at $64.6K (up a whopping 208,702%). These numbers give investors a clearer picture of the project's performance beyond just token price swings.

Why Onchain Financials Matter in Crypto

In the wild world of blockchain, where meme tokens can moon overnight, having solid onchain data helps separate the signal from the noise. Onchain financials refer to verifiable metrics recorded directly on the blockchain, like transaction fees collected or revenue generated by the protocol. This transparency builds trust and aids in better decision-making.

For Solana-based projects like Marinade, this is especially timely. Solana has been on a tear with its high-speed, low-cost network, attracting more dApps and users. Integrations like this make it easier for everyone—from retail investors to institutional players—to assess viability. If you're staking on Solana or eyeing liquid staking options, this update could influence your strategy.

Broader Implications for the Ecosystem

Token Terminal's push here underscores a shift toward data-driven crypto analysis. They're not stopping at Marinade; the integration allows CoinGecko users to view key onchain metrics for leading blockchains and dApps directly on asset pages. It's a win for education and adoption, making complex data accessible without needing to jump through hoops on specialized analytics sites.

If you're curious to check it out yourself, head over to CoinGecko's MNDE page and look for the "Financials" tab. And for more in-depth blockchain metrics, Token Terminal's platform is worth exploring at tokenterminal.com.

This development is a reminder that while memes drive the fun in crypto, fundamentals keep the engine running. Stay tuned to Meme Insider for more updates on how data is shaping the future of tokens—meme or otherwise. What's your take on this? Drop a comment below!

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