Ask about marginfi

Logo of marginfimarginfiDeprecated protocol

Total Value Locked$49.95m

TVL by Chain

Solana$49.95m

Key Metrics

Fees 30d$149,543
Fees 30d by chain

Solana$149,543

Fees 7d$41,914

Solana$41,914

Fees 24h$7,058

Solana$7,058

Cumulative Fees$1.24m

Solana$1.24m

Revenue 30d$2,996
Revenue 30d by chain

Solana$2,996

Revenue 7d$724.28

Solana$724.28

Revenue 24h$105

Solana$105

Cumulative Revenue$70,685

Solana$70,685

Active Loans$26.75m

Total Raised$3m

Feb 24, 2022$3mRound: SeedInvestors: Multicoin Capital, Pantera Capital, Sino Global Capital, Solana Ventures

Protocol Information

Connecting liquidity across DeFi

X/Twitter
Category:Lending

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

marginfi Lending - Interest paid by borrowers across every bank in the marginfi main lending group.View code on GitHubmarginfi LST - Staking rewards from staked SOL on MarginFi staked solanaView code on GitHub

Revenue:

marginfi Lending - The spread marginfi keeps, the interest borrowers pay less the interest credited to depositors.View code on GitHubmarginfi LST - Includes withdrawal fees and management fees collected by fee collectorView code on GitHub

Competitors

Maple ($3.004b)Kamino Lend ($1.401b)Jupiter Lend ($1.327b)Save ($98.01m)Loopscale Lending ($91.57m)Project 0 ($70.43m)Templar Protocol ($32.71m)Jupiter Offerbook ($1.42m)Larix ($1.37m)DefiTuna Lending ($929,643)

Frequently Asked Questions

What is marginfi's TVL?

marginfi currently has $49.95m in total value locked. TVL has increased 26.4% over the past 30 days.

What chains does marginfi operate on?

marginfi operates on Solana. Solana holds the largest share at 100%.

How much has marginfi generated in fees and revenue?

Over the past 30 days, marginfi generated $149,543 in fees. Of that, $2,996 was protocol revenue. Based on the trailing year, the annualized rate is $1.15m in fees and $9,519 in revenue.

How does marginfi's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, marginfi ranks #524 by TVL. The category holds $56.023b across 524 protocols, and marginfi accounts for 0% of that total. Other leading protocols include Maple, Kamino Lend, Jupiter Lend, Save, Loopscale Lending, Project 0, Templar Protocol, Jupiter Offerbook, Larix, and DefiTuna Lending.

How much has been borrowed through marginfi?

marginfi currently has $26.75m in active loans.