Mars and seasonal cycles of Mars are likewise similar to those of Earth, as is the tilt that produces the seasons. Mars is the site of Olympus Mons, the largest volcano and second-highest known mountain in the Solar System, and of Valles Marineris, one of the largest canyons in the Solar System. The smooth Borealis basin in the northern hemisphere covers 40% of the planet and may be a giant impact feature. Mars has two moons, Phobos and Deimos, which are small and irregularly shaped. These may be captured asteroids, similar to 5261 Eureka, a Mars trojan. There are ongoing investigations
Astrobiology restricted to the surfaces of planets. The three most likely candidates for life in the Solar System are the planet Mars, the Jovian moon Europa, and Saturn's moons Titan, and Enceladus. Mars, Enceladus and Europa are considered likely candidates in the search for life primarily because they may have underground liquid water, a molecule essential for life as we know it for its use as a solvent in cells. Water on Mars is found frozen in its polar ice caps, and newly carved gullies recently observed on Mars suggest that liquid water may exist, at least transiently, on the planet's