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Logo of marginfimarginfiDeprecated protocol

Total Value Locked$49.11m

TVL by Chain

Solana$49.11m

Key Metrics

Fees 30d$144,519
Fees 30d by chain

Solana$144,519

Fees 7d$41,823

Solana$41,823

Fees 24h$6,683

Solana$6,683

Cumulative Fees$1.23m

Solana$1.23m

Revenue 30d$2,975
Revenue 30d by chain

Solana$2,975

Revenue 7d$752.28

Solana$752.28

Revenue 24h$102

Solana$102

Cumulative Revenue$70,476

Solana$70,476

Active Loans$26.49m

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 ($2.991b)Kamino Lend ($1.395b)Jupiter Lend ($1.303b)Save ($96.81m)Loopscale Lending ($91.57m)Project 0 ($69.34m)Templar Protocol ($32.03m)Larix ($1.36m)Jupiter Offerbook ($1.31m)DefiTuna Lending ($940,294)

Frequently Asked Questions

What is marginfi's TVL?

marginfi currently has $49.11m in total value locked. TVL has increased 24.9% 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 $144,519 in fees. Of that, $2,975 was protocol revenue. Based on the trailing year, the annualized rate is $1.15m in fees and $9,516 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 $55.12b 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, Larix, Jupiter Offerbook, and DefiTuna Lending.

How much has been borrowed through marginfi?

marginfi currently has $26.49m in active loans.