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Logo of marginfimarginfiDeprecated protocol
Total Value Locked$43.42m

TVL by Chain

Solana$43.42m

Key Metrics

Fees 30d$68,242.07
Fees 30d by chain

Solana$68,242.07

Fees 7d$28,253.09

Solana$28,253.09

Fees 24h$4,543.09

Solana$4,543.09

Cumulative Fees$1.12m

Solana$1.12m

Revenue 30d$1,283.41
Revenue 30d by chain

Solana$1,283.41

Revenue 7d$648.36

Solana$648.36

Revenue 24h$89.09

Solana$89.09

Cumulative Revenue$68,413.6

Solana$68,413.6

Active Loans$21.51m

Total Raised$3m

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

Protocol Information

Connecting liquidity across DeFi

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 ($2.889b)Kamino Lend ($1.346b)Jupiter Lend ($1.097b)Save ($82.97m)Loopscale ($77.68m)Project 0 ($59.97m)Templar Protocol ($29.17m)Larix ($1.17m)Jupiter Offerbook ($1.05m)DefiTuna Lending ($1.04m)

Frequently Asked Questions

What is marginfi's TVL?

marginfi currently has $43.42m in total value locked. TVL has increased 16.8% 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 $68,242.07 in fees. Of that, $1,283.41 was protocol revenue. Based on the trailing year, the annualized rate is $1.11m in fees and $8,574.6 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 $50.675b across 524 protocols, and marginfi accounts for 0% of that total. Other leading protocols include Maple, Kamino Lend, Jupiter Lend, Save, Loopscale, Project 0, Templar Protocol, Larix, Jupiter Offerbook, and DefiTuna Lending.

How much has been borrowed through marginfi?

marginfi currently has $21.51m in active loans.