In 2021, Unmarshal (MARSH) was launched to address the challenge of seamless access to blockchain data for DeFi applications. As a multi-chain DeFi network for indexers, Unmarshal plays a crucial role in providing rich, meaningful, and reliable access to blockchain data.
As of 2025, Unmarshal has become an essential infrastructure for DeFi applications, offering data in various formats such as API, WebSockets, GraphQL, and notifications. It has an active community of developers and data consumers.
Unmarshal was created in 2021 to solve the problem of efficient blockchain data access for DeFi applications. It was born during the DeFi boom, aiming to provide seamless data indexing and querying services. Unmarshal's launch brought new possibilities for DeFi developers and data consumers.
With the support of its community and network contributors, Unmarshal continues to optimize its technology, security, and real-world applications in the blockchain data indexing space.
Unmarshal operates on a decentralized network of nodes spread across the globe, free from control by any single entity. These nodes collaborate to index and provide blockchain data, ensuring system transparency and attack resistance, and empowering users with greater autonomy.
Unmarshal's network serves as a decentralized infrastructure for blockchain data indexing and querying. It processes and organizes data from multiple blockchains, making it easily accessible for DeFi applications. Any developer can access this processed data without the need for intermediaries, establishing trust through the network's transparency.
Unmarshal uses a system of node operators and indexers to maintain the network. These participants stake MARSH tokens to become node operators, providing indexing and query processing services. They are rewarded with MARSH tokens for their contributions to the network.
Unmarshal utilizes blockchain technology to ensure data integrity:
This mechanism ensures data security and reliability. Additionally, Unmarshal provides various data formats and interfaces, enhancing the usability of blockchain data for DeFi applications.
As of November 28, 2025, MARSH has a circulating supply of 66,842,378.860617556 tokens, with a total supply of 99,200,000 tokens.
MARSH reached its all-time high of $11.89 on March 30, 2021. Its lowest price was $0.00264405, recorded on November 28, 2025. These fluctuations reflect market sentiment, adoption trends, and external factors.
Click to view the current MARSH market price

Unmarshal's ecosystem supports multiple applications:
Unmarshal has established partnerships with node contributors and indexers, enhancing its technical capabilities and market influence. These partnerships provide a solid foundation for Unmarshal's ecosystem expansion.
Unmarshal faces the following challenges:
These issues have sparked discussions within the community and market, driving Unmarshal's continuous innovation.
Unmarshal's community is vibrant, with active node operators and data consumers.
On X platform, posts and hashtags related to Unmarshal (such as #Unmarshal and #MARSH) gain traction.
New feature releases and partnerships have ignited community enthusiasm.
Sentiment on X shows a mix of opinions:
Recent trends show a generally cautious sentiment due to the overall crypto market conditions.
X users discuss Unmarshal's role in blockchain data infrastructure, its potential in DeFi applications, and its token economics. These discussions highlight both its transformative potential and the challenges it faces in achieving mainstream adoption.
Unmarshal is redefining blockchain data accessibility, providing transparency, reliability, and efficiency in data indexing. Its active community, rich resources, and focus on multi-chain support make it stand out in the cryptocurrency field. Despite facing challenges such as competition and market volatility, Unmarshal's innovative spirit and clear roadmap position it as an important player in the future of decentralized technology. Whether you're a newcomer or an experienced player, Unmarshal is worth watching and participating in.
In crypto context, 'marsh' isn't a common slang. It might be a typo or misunderstanding. Perhaps you meant 'MASH' or another crypto term?
MARSH is a cryptocurrency token used in decentralized finance (DeFi) applications, primarily for governance and utility purposes within its ecosystem.
Marsh is a global insurance brokerage and risk management company. It provides advisory and digital solutions for businesses and individuals worldwide.
No, a marsh is not exactly the same as a swamp. While both are wetlands, marshes have more grasses and fewer trees compared to swamps, which are dominated by woody plants and trees.
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