Valles Marineris (Latin for Mariner Valleys, named after the Mariner 9 Mars orbiter of 1971–72 which discovered it) is a system of canyons that runs along the Martian surface east of the Tharsis region. At more than 4,000 km (2,500 mi) long, 200 km (120 mi) wide and up to 7 km (23,000 ft) deep, the Valles Marineris rift system is one of the larger canyons of the Solar System, surpassed only by the rift valleys of Earth and (in length only) by Baltis Vallis on Venus.
Valles Marineris is located along the equator of Mars, on the east side of the Tharsis Bulge, and stretches for nearly a quarter of the planet’s circumference. The Valles Marineris system starts in the west with Noctis Labyrinthus; proceeding to the east are Tithonium and Ius chasmata, then Melas, Candor and Ophir chasmata, then Coprates Chasma, then Ganges, Capri and Eos chasmata; finally it empties into an outflow channel region containing chaotic terrain that ends in the basin of Chryse Planitia. Valles Marineris is a large tectonic "crack" in the Martian crust. Most researchers agree that this formed as the crust thickened in the Tharsis region to the west, and was subsequently widened by erosional forces. However, near the eastern flanks of the rift there appear to be some channels that may have been formed by water or carbon dioxide.
Read more about Valles Marineris: Formation