Marginfi Finance — Leading Lending Protocol & DeFi on Solana

hyloSOLnow available on marginfi

hyUSDnow available on marginfi

BulkSOLnow available on marginfi

Available collateral: $0.00

LendBorrow

Asset	Price	APY	Weight	Deposits	Global limit	Utilization
USDC	$1.00	5.17%		11.07m $11.06m	200.00m $199.98m	77.76%
SOL	$83.76	3.46%		97.82k $8.19m	2.00m $167.51m	63.92%
JitoSOL 5.63% APY	$106.82	0.16%		67.48k $7.21m	2.00m $213.64m	11.35%
mSOL 5.94% APY	$115.15	0.20%		41.02k $4.72m	2.00m $230.29m	12.50%
USDT	$1.00	6.49%		3.76m $3.76m	100.00m $99.99m	86.88%
Bonk	$0.0000063	0.00%	50%	587.11b $3.69m	820.00b $5.15m	0.29%
LST 5.96% APY	$126.59	0.01%		24.52k $3.10m	500.00k $63.30m	3.03%
jupSOL 6.14% APY	$99.13	0.00%		30.95k $3.07m	100.00k $9.91m	0.62%
bSOL 5.35% APY	$108.06	0.17%		17.00k $1.84m	1.00m $108.06m	11.74%
WBTC	$78,325.31	0.26%	50%	17.73 $1.39m	300.00 $23.50m	14.37%
hSOL 5.76% APY	$97.29	0.00%		11.98k $1.17m	25.00k $2.43m	0.61%
ETH	$2,296.91	0.25%	50%	477.36 $1.10m	5.00k $11.48m	14.08%
USDS	$1.00			970.65k $970.46k	25.00m $25.00m	84.79%
zBTC	$78,325.31	0.00%	75%	12.12 $949.55k	20.00 $1.57m	2.23%
INF	$118.92	0.00%		7.94k $943.66k	150.00k $17.84m	0.33%
JUP	$0.1802	0.01%	50%	4.76m $857.40k	15.00m $2.70m	2.10%
JLP	$3.87	0.03%		186.49k $721.22k	1.50m $5.80m	4.56%
cbBTC	$78,325.31	0.49%		9.06 $710.01k	50.00 $3.92m	49.57%
JTO	$0.3642	0.05%	50%	1.85m $673.86k	2.00m $728.30k	6.01%
$WIF	$0.1898	0.00%	25%	3.33m $632.16k	5.00m $948.81k	0.42%
hyloSOL 5.73% APY	$88.11	0.00%		5.36k $472.59k	120.00k $10.57m	1.34%
HNT	$0.8995	0.00%	50%	497.72k $447.71k	500.00k $449.76k	0.85%
RENDER	$1.71	0.02%	25%	239.92k $409.55k	500.00k $853.50k	3.71%
UXD	$1.00	0.00%	1%	225.35k $225.35k	<0.00001 $<0.00001	0.00%
PYUSD	$1.00	5.43%	90%	220.06k $220.03k	80.00m $79.99m	79.69%
hyUSD	$1.00	3.31%	55%	153.11k $152.83k	1.00m $998.17k	52.57%
bbSOL 5.52% APY	$96.07	0.03%		1.08k $103.74k	10.00k $960.74k	5.18%
dfdvSOL 6.04% APY	$90.11	0.00%		1.07k $96.23k	60.00k $5.41m	0.39%
BulkSOL 6.00% APY	$90.34	0.05%		1.04k $93.94k	20.00k $1.81m	6.20%
USDG	$1.00	8.29%	85%	88.62k $88.62k	5.00m $5.00m	82.26%
PUMP	$0.0018232	1.91%	40%	40.91m $74.58k	600.00m $1.09m	30.76%
PYTH	$0.0471	0.59%	50%	1.45m $68.13k	6.00m $282.64k	21.74%
JSOL 5.38% APY	$112.64	0.00%		316.65 $35.67k	20.00k $2.25m	0.93%
CLOUD	$0.0211	0.19%	25%	1.16m $24.57k	5.00m $105.60k	12.40%
MET	$0.1597	41.93%	40%	106.61k $17.03k	3.00m $479.10k	58.58%
xBTC	$78,325.31	0.02%		0.2028 $15.88k	50.00 $3.92m	10.62%
W	$0.0128	0.57%	25%	969.59k $12.39k	2.50m $31.96k	21.37%
picoSOL 5.68% APY	$100.10	0.01%		73.70 $7.38k	20.00k $2.00m	3.27%
2Z	$0.0825	0.00%	40%	67.04k $5.53k	3.00m $247.44k	0.11%
lanternSOL 5.71% APY	$101.48	0.00%		41.72 $4.23k	5.00k $507.39k	0.12%
rkSOL 5.95% APY	$104.73	0.00%		30.10 $3.15k	20.00k $2.09m	1.46%
BNSOL 5.32% APY	$92.96	1.19%		24.38 $2.27k	10.00k $929.63k	30.80%
CASH	$1.00	0.00%	85%	235.30 $235.30	2.50m $2.50m	0.00%
dzSOL	$87.74	0.00%		2.40 $210.75	25.00k $2.19m	0.67%

KNOWLEDGE BASE

Frequently Asked Questions (40)

Everything you need to know about Marginfi Finance

What is Marginfi Finance?

Marginfi is a leading non-custodial lending and borrowing protocol on Solana, known for its isolated risk pools and high capital efficiency.

How does Marginfi work?

Users can deposit assets to earn yield or borrow other assets against collateral. Each asset has isolated risk pools to minimize systemic risk.

What makes Marginfi different?

Isolated lending pools, excellent risk management, high yields, and seamless integration with other Solana DeFi protocols like Kamino.

Is Marginfi safe?

Marginfi is one of the most audited and trusted lending protocols on Solana with a strong security track record.

How do I earn yield on Marginfi?

Simply deposit supported assets into lending pools and earn interest paid by borrowers.

What assets can I deposit or borrow?

SOL, USDC, USDT, BTC, ETH, and many other major Solana tokens.

What are isolated pools?

Each asset has its own risk parameters. A problem in one pool does not affect others, reducing systemic risk.

Can I borrow on Marginfi?

Yes. Deposit collateral and borrow other assets up to your borrowing capacity.

What is the LTV on Marginfi?

Loan-to-Value ratios vary by asset. You can check current parameters directly on the app.

Which wallets does Marginfi support?

Phantom, Solflare, Backpack, Ledger, and other Solana wallets.

Does Marginfi have a native token?

Yes. Marginfi has the $MRGN token used for governance and incentives.

Can beginners use Marginfi?

Yes. The interface is user-friendly, but borrowing and leverage involve risk.

Is there liquidation risk?

Yes. If your collateral value drops too low, your position may be liquidated.

How do I avoid liquidation?

Maintain a healthy collateral ratio and monitor your positions regularly.

Does Marginfi integrate with Kamino?

Yes. Many users combine Marginfi lending with Kamino automated vaults for leveraged yield strategies.

What are the interest rates on Marginfi?

Rates are dynamic based on supply and demand. You can see real-time APYs on the platform.

Can I use leverage on Marginfi?

Yes. You can borrow to create leveraged positions.

How fast are transactions?

Very fast — usually a few seconds on Solana.

Does Marginfi have mobile support?

Yes. The platform is fully responsive on mobile devices.

Where can I buy MRGN token?

On Jupiter, Marginfi, or other Solana DEXes.

What are the risks of using Marginfi?

Smart contract risk, liquidation risk, and market volatility.

Can I withdraw my deposits anytime?

Yes. Liquidity is generally available, though large withdrawals may depend on pool utilization.

How do I track my positions?

All your deposits, borrows, and health factor are clearly displayed on the dashboard.

Does Marginfi have a bug bounty?

Yes. Marginfi maintains an active bug bounty program.

Is Marginfi good for long-term lending?

Yes. Many users lend assets long-term to earn steady yield.

What is the TVL of Marginfi?

You can check live TVL on the Marginfi website or DefiLlama.

Can institutions use Marginfi?

Yes. Marginfi is popular among both retail and institutional users.

How do I get support?

Join the official Marginfi Discord or check their documentation.

Does Marginfi have governance?

Yes. MRGN token holders can participate in protocol governance.

What is the health factor?

It shows how safe your borrowed position is. Lower health factor increases liquidation risk.

Can I use Marginfi with leverage?

Yes. You can loop deposits and borrows to create leveraged yield positions.

Is there a minimum deposit?

No strict minimum, but small amounts may be less efficient due to transaction fees.

How are interest rates calculated?

Rates are determined algorithmically based on utilization rate in each pool.

Does Marginfi support stablecoins?

Yes. USDC and USDT are major assets on the platform.

What is Marginfi’s risk framework?

Isolated pools + conservative risk parameters to protect the protocol.

Can I repay loans partially?

Yes. You can repay any amount at any time.

Where can I follow Marginfi news?

Follow @marginfi on X (Twitter) and join their Discord.

Is Marginfi better than other lending protocols?

Many users prefer it for its isolated risk model, high yields, and reliability.

Can I use bots on Marginfi?

Yes. The protocol is developer-friendly with public APIs.

Why choose Marginfi?

Trusted lending platform with isolated risk, competitive yields, and strong product development on Solana.