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 through distributed network nodes.
As of 2025, Unmarshal has become an essential infrastructure for DeFi applications, offering data in various formats such as API, WebSockets, GraphQL, and notifications. The project has garnered attention for its ability to streamline data access without requiring application developers to decode it into their native applications.
Unmarshal was created in 2021 to solve the problem of efficient blockchain data access for DeFi applications. It emerged during the DeFi boom, aiming to provide a decentralized network of indexers that could offer seamless data access across multiple blockchains.
The launch of Unmarshal brought new possibilities for DeFi developers and users by simplifying the process of accessing and utilizing blockchain data.
Supported by its community and development team, Unmarshal continues to optimize its technology, security, and real-world applications in the DeFi space.
Unmarshal operates on a decentralized network of nodes spread across the globe, free from control by a single entity. These nodes collaborate to index and provide blockchain data, ensuring system transparency and attack resistance, while empowering users with greater autonomy and improving network resilience.
Unmarshal's core function is to provide indexed blockchain data, which is essential for DeFi applications. While it doesn't operate its own blockchain, it interacts with multiple blockchains to collect, process, and deliver data in easily consumable formats.
Unmarshal uses a network of indexers who stake MARSH tokens to become node operators. These indexers are responsible for providing indexing and query processing services. The system incentivizes fairness and quality of service through its token economics.
Unmarshal utilizes standard blockchain security practices for its token transactions:
Additionally, Unmarshal's data provision services are designed to ensure the integrity and reliability of the blockchain data they index and serve to DeFi applications.
As of November 28, 2025, MARSH has a circulating supply of 66,842,378.86 tokens, with a total supply of 100,000,000.
MARSH reached its all-time high of $11.89 on March 30, 2021. Its lowest price was $0.00298097, 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 various applications:
Unmarshal has established partnerships to enhance 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 continuous innovation for Unmarshal.
Unmarshal's community shows vitality, with metrics such as daily transaction volume and wallet address growth. On X platform, related posts and tags (like #Unmarshal) often trend. Factors such as price movements or new feature releases ignite community enthusiasm.
Sentiment on X presents a polarized view:
Recent trends show varying sentiment based on market conditions and project developments.
X users actively discuss Unmarshal's key issues such as data reliability, network scalability, and its role in the broader DeFi ecosystem. These discussions highlight both its transformative potential and the challenges it faces in mainstream adoption.
Unmarshal is redefining blockchain data indexing, providing transparency, security, and efficient data access for DeFi applications. Its active community, rich resources, and market performance make it stand out in the cryptocurrency field. Despite facing challenges such as regulatory uncertainties or technical bottlenecks, 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, particularly for lending and borrowing on blockchain platforms.
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 a swamp. While both are wetlands, marshes have more grasses and fewer trees than swamps. Marshes are also typically shallower and have less open water than swamps.
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