State of @marinadeFinance Q3 Key Update: Q3’25 saw MNDE buybacks go live, a 300M MNDE burn, stronger validator accountability, and progress on the Canary Marinade Solana ETF designed to pass through 100% of yield to investors. QoQ Metrics 📊 • TVL ⬆️ 29.6% to 2.2B • Protocol Revenue ⬆️ 45.0% to 2.58M • mSOL Usage in DeFi ⬆️ 14.0% to 1.4M(Messari)