Marinade Finance
DAMASCUSLiquid Staking · Solana · $1.5B TVL · 5 contracts
Confidence 71%Z-Factor 0.83Updated 2026-05-17Public Score
Public risk assessment — scores are produced with the same methodology as monitored protocols
806
BRI Score
3004756508251000
Security Profile
Access Control
80
80
Economic Soundness
80
80
Oracle Integrity
85
85
Compositional Risk
72
72
Governance
58
58
Maturity
82
82
Resilience
50
50
Supply Chain
78
78
Op Security
56
56
Cascade Exposure
95
95
Access Ctrl
80
80
Economic
80
80
Oracle
85
85
Compos.
72
72
Govern.
58
58
Maturity
82
82
Resilience
50
50
Supply Ch.
78
78
OpSec
56
56
Cascade
95
95
Min
50
Avg
74
Max
95
Audit History
Neodyme
2022-01
Ackee Blockchain
2023-06
Bug Bounty Program
$250,000
Max payout on Immunefi
Assessment
OG Solana liquid staking with excellent maturity. Clean 4+ year track record. High Z-factor (0.931). Governance more active than peers. Solana ecosystem constraints keep score below Ethereum equivalents like Lido.
Dimension Breakdown
How scores work →Access Control
Weight 18%75% conf
80
arrow_forwardStrong
+20Stake pool with well-defined authority structure
+20mSOL minting/burning through program authority
+20Native staking route available (decentralized path)
+20Validator scoring algorithm controls delegation
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Economic Soundness
Weight 13%78% conf
80
arrow_forwardStrong
+40mSOL tracks SOL staking rewards (clean peg model)
-10Native staking option reduces intermediation risk
+40Fee model straightforward (commission on staking rewards)
-10No complex incentive mechanisms distorting economics
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Oracle Integrity
Weight 13%80% conf
85
arrow_forwardStrong
+28mSOL rate derived from on-chain stake pool state
-15No external oracle dependency for core staking
+28Price observations available for DeFi composition
+28Clean oracle surface for liquid staking
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Battle-Tested Maturity
Weight 12%80% conf
82
arrow_forwardStrong
+20Live since August 2021 (~57 months)
+20OG Solana liquid staking protocol
-18No protocol exploit to date
+20Multiple audits (Neodyme, Kudelski, Ackee)
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Governance & Upgradeability
Weight 10%68% conf
58
arrow_forwardModerate
+14MNDE token governance with active DAO
+14Validator delegation algorithm governance is meaningful
+14Team retains operational control of core program
+14Governance more active than most Solana protocols
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Adversarial Resiliencelock
Weight 10%30% conf
50
Concerning
- No validated adversarial findings — score set to neutral baseline
Operational Security
Weight 10%60% conf
56
arrow_forwardModerate
-9No branch protection detected
+19Active CI/CD (100% success rate)
-9Minimal development activity (0 commits/month)
-9Incident response time not available (using commit frequency proxy)
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Compositional Risk
Weight 5%72% conf
72
arrow_forwardGood
+24mSOL widely composed in Solana DeFi
-28Single-chain limits cross-chain risk
+24Used as collateral in lending (Kamino, Marginfi, Solend)
+24Well-bounded integration surface
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Cascade Exposure
Weight 5%50% conf
95
arrow_forwardExcellent
-2No cross-protocol cascade exposure detected
-2Score: 95/100 (higher = more isolated from systemic risk)
+95Source: cross_protocol_composition.json dependency analysis
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Supply Chain
Weight 4%75% conf
78
arrow_forwardGood
+26Rust/Anchor framework
+26SPL stake pool library
-22Minimal external dependencies
+26Well-maintained codebase
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Risk Drivers
Primary risk factors driving this score, ordered by severity.
Adversarial Resilience50
Operational Security56
Governance & Upgradeability58
Adversarial Risk Signals
Observable security posture indicators. These signals reflect publicly verifiable information and responsible disclosure outcomes. No specific vulnerability details are exposed.
Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Score History & Verification
Score provenance tracking begins with the next reassessment.
On-Chain Data
- Protocol Slug
- "marinade"
- Oracle
- BRORegistry (Base)
- Evidence
- IPFS (pinned)
- Staleness Threshold
- 24 hours
Read Score
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