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marginfiDeprecated protocol

Total Value Locked$43.63m

TVL by Chain

Solana$43.63m

Key Metrics

Fees 30d$167,986
Fees 30d by chain

Solana$167,986

Fees 7d$38,239

Solana$38,239

Fees 24h$5,401

Solana$5,401

Cumulative Fees$1.3m

Solana$1.3m

Revenue 30d$3,233
Revenue 30d by chain

Solana$3,233

Revenue 7d$667.17

Solana$667.17

Revenue 24h$93.01

Solana$93.01

Cumulative Revenue$71,934

Solana$71,934

Active Loans$24.33m

Total Raised$3m

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

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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 ($2.754b)Kamino Lend ($1.321b)Jupiter Lend ($1.11b)Save ($85.62m)Loopscale Lending ($84.95m)Project 0 ($62.17m)Templar Protocol ($31.74m)Jupiter Offerbook ($1.35m)Larix ($1.22m)DefiTuna Lending ($944,314)

Frequently asked questions

What is marginfi's TVL?

marginfi currently has $43.63m in total value locked. TVL has increased 7.4% 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 $167,986 in fees. Of that, $3,233 was protocol revenue. Based on the trailing year, the annualized rate is $1.17m in fees and $9,704 in revenue.

How does marginfi's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, marginfi ranks #517 by TVL. The category holds $52.068b across 517 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 $24.33m in active loans.