Ask about marginfi · freemarginfiDeprecated protocol
Total Value Locked$33.66m
TVL by Chain
Solana$33.66m
Key Metrics
Fees 30d$175,353
Fees 30d by chain
Solana$175,353
Fees 7d$35,882
Solana$35,882
Fees 24h$3,666
Solana$3,666
Cumulative Fees$1.46m
Solana$1.46m
Revenue 30d$2,857
Revenue 30d by chain
Solana$2,857
Revenue 7d$764.57
Solana$764.57
Revenue 24h$72.01
Solana$72.01
Cumulative Revenue$74,514
Solana$74,514
Active Loans$20.2m
Total Raised$3m
Feb 24, 2022$3mRound: SeedInvestors: Multicoin Capital, Pantera Capital, Sino Global Capital, Solana Ventures
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
marginfi history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Feb 22, 2023 to Nov 13, 2026.
All-time high TVL: $881.71m on Apr 1, 2024. All-time low TVL: $964,296 on Mar 16, 2023.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| Oct 15, 2026 | $42.97m |
| Oct 16, 2026 | $43.74m |
| Oct 17, 2026 | $43.28m |
| Oct 18, 2026 | $42.39m |
| Oct 19, 2026 | $42.33m |
| Oct 20, 2026 | $43.84m |
| Oct 21, 2026 | $43.67m |
| Oct 22, 2026 | $44.03m |
| Oct 23, 2026 | $42.45m |
| Oct 24, 2026 | $41.75m |
| Oct 25, 2026 | $41.83m |
| Oct 26, 2026 | $41.41m |
| Oct 27, 2026 | $41.11m |
| Oct 28, 2026 | $41.51m |
| Oct 29, 2026 | $42.01m |
| Oct 30, 2026 | $39.94m |
| Oct 31, 2026 | $40.51m |
| Nov 1, 2026 | $40.27m |
| Nov 2, 2026 | $38.88m |
| Nov 3, 2026 | $37.68m |
| Nov 4, 2026 | $37.84m |
| Nov 5, 2026 | $39.53m |
| Nov 6, 2026 | $36.86m |
| Nov 7, 2026 | $37.29m |
| Nov 8, 2026 | $38.03m |
| Nov 9, 2026 | $37.43m |
| Nov 10, 2026 | $35.91m |
| Nov 11, 2026 | $34.88m |
| Nov 12, 2026 | $34.6m |
| Nov 13, 2026 | $33.99m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $385.89m |
| Jan 31, 2025 | $383.79m |
| Feb 28, 2025 | $203.33m |
| Mar 31, 2025 | $163.78m |
| Apr 30, 2025 | $155.03m |
| May 31, 2025 | $149.56m |
| Jun 30, 2025 | $146.28m |
| Jul 31, 2025 | $174.03m |
| Aug 31, 2025 | $173.94m |
| Sep 30, 2025 | $170.12m |
| Oct 31, 2025 | $162.33m |
| Nov 30, 2025 | $124.94m |
| Dec 31, 2025 | $108.51m |
| Jan 31, 2026 | $103.55m |
| Feb 28, 2026 | $65.91m |
| Mar 31, 2026 | $58.47m |
| Apr 30, 2026 | $42.87m |
| May 31, 2026 | $41.19m |
| Jun 30, 2026 | $36.48m |
| Jul 31, 2026 | $37.07m |
| Aug 31, 2026 | $39.57m |
| Sep 30, 2026 | $49.44m |
| Oct 31, 2026 | $40.51m |
| Nov 13, 2026 (latest) | $33.99m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $366.26m |
| Dec 31, 2024 | $385.89m |
| Dec 31, 2025 | $108.51m |
Fees and revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue |
|---|---|---|
| Dec 2024 | $0 | $3,025 |
| Jan 2025 | $0 | $31,020 |
| Feb 2025 | $0 | $10,627 |
| Mar 2025 | $0 | $4,526 |
| Apr 2025 | $0 | $2,064 |
| May 2025 | $0 | $1,304 |
| Jun 2025 | $0 | $1,759 |
| Jul 2025 | $0 | $4,047 |
| Aug 2025 | $772 | $1,121 |
| Sep 2025 | $57,954 | $1,233 |
| Oct 2025 | $133,382 | $1,718 |
| Nov 2025 | $127,270 | $1,548 |
| Dec 2025 | $120,386 | $479 |
| Jan 2026 | $160,139 | $664 |
| Feb 2026 | $85,248 | $192 |
| Mar 2026 | $87,670 | $616 |
| Apr 2026 | $77,454 | $229 |
| May 2026 | $79,740 | $603.09 |
| Jun 2026 | $55,462 | $143.74 |
| Jul 2026 | $49,663 | $53.77 |
| Aug 2026 | $34,043 | $241.97 |
| Sep 2026 | $138,095 | $2,949 |
| Oct 2026 | $190,657 | $3,163 |
| Nov 2026 (to date) | $67,757 | $1,259 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/marginfi
Frequently asked questions
What is marginfi's TVL?
As of Nov 13, 2026, marginfi has $33.66m in total value locked. TVL has decreased 26% 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 $175,353 in fees. Of that, $2,857 was protocol revenue. Based on the trailing year, the annualized rate is $1.22m in fees and $11,571 in revenue.
How does marginfi's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, marginfi ranks #521 by TVL. The category holds $47.154b across 521 protocols, and marginfi accounts for 0% of that total. Similar protocols include Maple, Kamino Lend, Jupiter Lend, Loopscale Lending, Save, Project 0, Templar Lending, Jupiter Offerbook, Larix, and DefiTuna Lending.
How much has been borrowed through marginfi?
As of Nov 13, 2026, marginfi has $20.2m in active loans.