marginfi LSTDeprecated protocol
Total Value Locked$9.54m
TVL by Chain
Solana$9.54m
Key Metrics
Fees 30d$43,060
Fees 30d by chain
Solana$43,060
Fees 7d$9,472
Solana$9,472
Fees 24h$1,354
Solana$1,354
Cumulative Fees$1.14m
Solana$1.14m
Revenue 30d$244.85
Revenue 30d by chain
Solana$244.85
Revenue 7d$15.48
Solana$15.48
Revenue 24h$0.09
Solana$0.09
Cumulative Revenue$67,451
Solana$67,451
Protocol Information
Liquid Staking solution on Solana to get exposure to SOL, $LST is built on mrgn's validator network and Jito's MEV rewards.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Staking rewards from staked SOL on MarginFi staked solanaView code on GitHubRevenue: Includes withdrawal fees and management fees collected by fee collectorView code on GitHubmarginfi LST history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 28, 2023 to Oct 26, 2026.
All-time high TVL: $142.5m on Apr 1, 2024. All-time low TVL: $256,113 on Sep 28, 2023.
Daily TVL, Sep 27, 2026 to Oct 26, 2026
| Date | TVL |
|---|---|
| Sep 27, 2026 | $11.66m |
| Sep 28, 2026 | $11.73m |
| Sep 29, 2026 | $11.43m |
| Sep 30, 2026 | $11.44m |
| Oct 1, 2026 | $11.35m |
| Oct 2, 2026 | $11.41m |
| Oct 3, 2026 | $11.45m |
| Oct 4, 2026 | $11.51m |
| Oct 5, 2026 | $11.67m |
| Oct 6, 2026 | $11.63m |
| Oct 7, 2026 | $11.58m |
| Oct 8, 2026 | $11m |
| Oct 9, 2026 | $10.35m |
| Oct 10, 2026 | $10.32m |
| Oct 11, 2026 | $10.4m |
| Oct 12, 2026 | $10.52m |
| Oct 13, 2026 | $9.88m |
| Oct 14, 2026 | $10.19m |
| Oct 15, 2026 | $9.87m |
| Oct 16, 2026 | $9.98m |
| Oct 17, 2026 | $9.87m |
| Oct 18, 2026 | $9.77m |
| Oct 19, 2026 | $9.85m |
| Oct 20, 2026 | $9.89m |
| Oct 21, 2026 | $10.07m |
| Oct 22, 2026 | $10.15m |
| Oct 23, 2026 | $9.84m |
| Oct 24, 2026 | $9.65m |
| Oct 25, 2026 | $9.68m |
| Oct 26, 2026 | $9.51m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $86.66m |
| Dec 31, 2024 | $64.74m |
| Jan 31, 2025 | $52.93m |
| Feb 28, 2025 | $26.09m |
| Mar 31, 2025 | $20.59m |
| Apr 30, 2025 | $24.16m |
| May 31, 2025 | $25.13m |
| Jun 30, 2025 | $23.47m |
| Jul 31, 2025 | $23.97m |
| Aug 31, 2025 | $26.46m |
| Sep 30, 2025 | $28.13m |
| Oct 31, 2025 | $24.24m |
| Nov 30, 2025 | $16.58m |
| Dec 31, 2025 | $14.94m |
| Jan 31, 2026 | $13.86m |
| Feb 28, 2026 | $9.44m |
| Mar 31, 2026 | $9.08m |
| Apr 30, 2026 | $8.98m |
| May 31, 2026 | $7.96m |
| Jun 30, 2026 | $6.97m |
| Jul 31, 2026 | $7.43m |
| Aug 31, 2026 | $9.94m |
| Sep 30, 2026 | $11.44m |
| Oct 26, 2026 (latest) | $9.51m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $43.31m |
| Dec 31, 2024 | $64.74m |
| Dec 31, 2025 | $14.94m |
Fees and revenue by UTC calendar month, Dec 2024 to Oct 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 | $31,381 | $150.97 |
| Sep 2026 | $35,429 | $110.97 |
| Oct 2026 (to date) | $34,871 | $216.88 |
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-lst
Frequently asked questions
What is marginfi LST's TVL?
As of Oct 26, 2026, marginfi LST has $9.54m in total value locked. TVL has decreased 19% over the past 30 days.
What chains does marginfi LST operate on?
marginfi LST operates on Solana. Solana holds the largest share at 100%.
How much has marginfi LST generated in fees and revenue?
Over the past 30 days, marginfi LST generated $43,060 in fees. Of that, $244.85 was protocol revenue. Based on the trailing year, the annualized rate is $970,989 in fees and $5,220 in revenue.