Margarita Finance

What Margarita Finance does

Margarita Finance (Margarita Finance Technology Ltd.) is a DeFi infrastructure protocol incorporated in the Cayman Islands in 2024 with operations centred in Zurich. It has built the "Agentic DeFi Protocol," an autonomous investment management system running on Solana (with cross-chain capability via Wormhole) that compresses the full investment management lifecycle — product structuring, on-chain issuance, portfolio management, and market making — into automated processes executed by AI agents. The company claims 1,000+ investment products natively issued on-chain, 8.3-second average deployment, 100% security audits passed, and >80% operational cost reduction versus traditional investment management.

The protocol powers two product experiences: Custom Investment Products, which let users programmatically define APY targets (0-100%) and tenors (3 days to 3 months) with sub-10-second deployment and conversational AI advisory; and X20 Agentic Yieldcoins — flagship yield-bearing assets targeting 10-30% APY through option-based strategies — including chain-specific products such as NEAR20 (co-developed with the NEAR Foundation) and SOL20, both fully asset-backed and trading with automated market making on DEXs. Allaso, GSR, and Obligate AG provide quantitative analytics, derivatives counterparty liquidity, and Swiss-regulated institutional distribution respectively.

Margarita Finance operates a dual-track go-to-market: institutional access is gated through Obligate AG (a Swiss regulated financial intermediary) for qualified investors, while permissionless DeFi access is provided via DEXs (RHEA Finance, Raydium). Revenue is generated from transaction fees on yield products and managed services for L1 foundations and protocol treasuries seeking token-aligned yield strategies. The company is venture-backed at pre-seed stage, having raised $1 million in November 2024 led by Tomahawk VC and Outrun Ventures with participation from the Solana Foundation.

Name

Margarita Finance

Legal name

Margarita Finance Technology Ltd.

Website

https://margarita.finance

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Margarita Finance builds the Agentic DeFi Protocol on Solana, automating structured product creation, portfolio management, and market making through AI agents. It serves institutional investors via Swiss-regulated Obligate AG and DeFi users via DEXs with customizable yield products and X20 yieldcoins.

Ownership category

akta.pro rank

Product category

Decentralized Finance Protocol

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), All Other Financial Investment Activities (52399)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield) (FSAPAEAG)

akta.pro secondary industries

Yield Aggregators & Strategy Vaults (FSADAMAF), DeFi Asset Management & On-Chain Index Protocols (FSADAMAK), Liquidity Provision & Market Making Protocols (AMMs, concentrated liquidity, LP tooling) (FSAPAEAF)

Keywords

• DeFi yield protocol
• Structured yield tokens
• Agentic investment management
• Yield-bearing crypto assets
• On-chain portfolio automation

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Yield Product Fees: Fees generated from investment products and yield-bearing tokens including Yield Booster and x20 YieldCoin products. Transaction costs and slippage reduction from enhanced liquidity.
2. Protocol Services: Turnkey solutions allowing projects to deploy token utility and liquidity rapidly without requiring new infrastructure. Working with L1 and protocol treasuries to co-design token-aligned yield strategies.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Margarita Finance operates an Agentic DeFi Protocol on the Solana blockchain that automates the structuring, on-chain issuance, and ongoing management of investment products. It delivers two product experiences: Custom Investment Products, where users programmatically define APY targets (0-100%) and tenors (3 days to 3 months) for instant on-chain issuance, and X20 Agentic Yieldcoins (e.g., NEAR20, SOL20), which are asset-backed yield-bearing tokens with integrated automated market making for continuous DEX liquidity.

Product overview

Margarita Finance operates as a modular infrastructure protocol for agentic yield-bearing tokens. The core Agentic DeFi Protocol powers two product experiences: Custom Investment Products (bespoke instruments with 0-100% APY customization, 3-day to 3-month tenors, sub-10-second deployment, and autonomous AI management) and X20 Agentic Yieldcoins (flagship yield-bearing assets targeting 10-30% APY, fully asset-backed with integrated market making). Specific yieldcoin products include NEAR20 (institutional-grade yield token on NEAR Protocol) and SOL20 (yieldcoin on Solana), both leveraging option-based strategies with transparent on-chain performance tracking.

Differentiator

Problem solved

Functional benefit

Brands

• X20: A suite of structured products targeting 20% yields through option-based strategies, featuring agentic yield-bearing tokens with automated market making
• NEAR20
• SOL20

Products and services

• Agentic DeFi Protocol Foundational modular infrastructure protocol that automates the entire investment management lifecycle through AI agents and DeFi, including autonomous product structuring, on-chain issuance, agentic portfolio management, and integrated market making. Powers all other Margarita Finance product experiences and is available to qualified investors via the Obligate AG-operated app.
• Custom Investment Products Bespoke on-chain financial instruments letting eligible investors programmatically define APY targets (0-100%), tenors (3 days to 3 months), and risk parameters, with sub-10-second deployment, conversational AI advisory, and autonomous portfolio management. Accessed via the Margarita Finance App operated by Swiss-regulated Obligate AG.
• X20 Agentic Yieldcoins Flagship yield-bearing token family targeting 10-30% APY through option-based strategies, fully asset-backed by underlying investment product portfolios, with 24/7 optimization, conservative risk management, and integrated automated market making for continuous DEX liquidity.
• NEAR20 Institutional-grade agentic yield token built on NEAR Protocol offering up to 20% annual yields, co-designed with the NEAR Foundation and trading on RHEA Finance for permissionless access by NEAR token holders.
• SOL20 Agentic yield-bearing token on Solana within the X20 product line, providing yield through option-based strategies with automated market making on Solana DEXs (Raydium).

Quantifiable outcome

• Average deployment time reduced to 8.3 seconds
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability4 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• GSRcoreTechnology or IntegrationGSR, a crypto capital markets firm, was onboarded as a premier derivatives counterparty to enhance institutional-depth liquidity and execution on the platform. Expected to reduce transaction costs and slippage while improving best execution across yield products including Yield Booster and x20 YieldCoin. GSR's expertise supports the platform's agentic portfolio management system.
• NEAR FoundationcoreStrategic or Co-development PartnerJoint launch of NEAR20, an institutional-grade agentic yield token offering up to 20% annual yields. NEAR Foundation and Margarita Finance co-designed the product, with NEAR Foundation deploying treasury funds into community-aligned strategies that foster long-term ecosystem growth.
• Allasso SAcoreTechnology or IntegrationSwiss fintech company providing quantitative analytics for DeFi structured products. Allasso supplies advanced quantitative research, backtesting, and scenario analysis with proprietary volatility analytics to refine parameter calibration and risk management of the X20 yield-bearing tokens.
• RHEA FinancecoreChannel Partner/ Reseller/ DistributorDEX platform where NEAR20 yieldcoin is launched and traded. Provides permissionless access to institutional-grade yield products through decentralized exchange infrastructure.
• Obligate AGcoreImplementation/ SI/ Consulting PartnerSwiss regulated financial intermediary that operates the centralized Margarita Finance App. Subject to Swiss financial regulations and separate Terms & Conditions. Provides institutional-grade compliance and regulatory framework.
• RaydiumcoreTechnology or IntegrationLiquidity partner providing automated market making and DEX integration for yieldcoin trading.
• SolanacoreTechnology or IntegrationInfrastructure partner providing high-performance blockchain infrastructure for the protocol.
• WormholecoreTechnology or IntegrationCross-chain interoperability protocol connecting blockchains for expanded market access and asset transfer capabilities.
• PythcoreTechnology or IntegrationHigh-fidelity financial market data provider for DeFi applications, enabling accurate pricing and risk assessment.
• STS DigitalminorChannel Partner/ Reseller/ DistributorDigital asset distribution and institutional trading solutions partner.
• HackencoreTechnology or IntegrationBlockchain security auditor providing smart contract verification and security audits. Platform has passed 100% of security audits.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Pendle Finance: Pendle is a leading DeFi protocol for tokenizing and trading future yield on Ethereum and other chains. It is highly comparable to Margarita Finance because both wrap yield-generating positions into tradable, structured yield-bearing tokens and target sophisticated DeFi users seeking customized yield exposures.
• Yearn Finance: Yearn is one of the original DeFi yield aggregators, offering automated vault strategies that optimize returns across lending, liquidity provision, and other protocols. Like Margarita Finance, it abstracts complex yield strategies into easy-to-use products, but Yearn focuses on multi-chain vaults while Margarita emphasizes AI-driven, customizable investment products and yieldcoins.
• Beefy Finance: Beefy is a multi-chain yield optimizer that auto-compounds returns across dozens of DeFi protocols. It competes directly with Margarita Finance in the automated yield strategy category, with both targeting users who want optimized, set-and-forget yield products backed by underlying DeFi positions.
• Friktion Labs: Friktion is a Solana-native DeFi structured products protocol offering covered calls, puts, and other options-based yield strategies packaged as user-friendly vaults. Margarita Finance's X20 Yieldcoins and option-based strategies targeting 10-30% APY closely parallel Friktion's product design and Solana-native distribution.
• Ribbon Finance: Ribbon Finance builds DeFi structured products such as automated covered call vaults and theta-yield strategies on Ethereum and other chains. Its focus on options-based yield generation and structured product UX makes it a direct conceptual competitor to Margarita's option-driven Yieldcoins.

Emerging players

• Aevo: Aevo is a DeFi options and perpetuals exchange that also supports structured products and yield strategies using options. It overlaps with Margarita Finance around options-based yield generation, though Aevo is more exchange-centric while Margarita focuses on autonomous portfolio management and yieldcoin distribution.
• Convex Finance: Convex optimizes yield for Curve liquidity providers through boosted CRV staking and wrapper vaults. While primarily Curve-focused, it is comparable to Margarita Finance as a yield optimization layer that aggregates and enhances returns on underlying DeFi positions for passive users.
• IPOR Labs: IPOR provides on-chain interest rate derivatives and automated DeFi yield strategies across multiple chains. It is comparable to Margarita Finance because both offer structured, derivative-enhanced yield products targeting sophisticated DeFi and institutional users.
• dHEDGE: dHEDGE is a decentralized asset management protocol where traders create on-chain vaults that others can invest in. It overlaps with Margarita Finance's Custom Investment Products in enabling user-defined investment vehicles, but Margarita differentiates with agentic management and Solana-native yieldcoin distribution.

Broad incumbents

• Enzyme Finance: Enzyme is an on-chain asset management protocol that lets managers run decentralized investment funds with on-chain transparency. Margarita Finance's Custom Investment Products share Enzyme's vision of programmable, transparent portfolio management, but Margarita extends it with autonomous AI agents and yieldcoin distribution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/margfinance
• LinkedInlinkedin.com/company/margarita-finance

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Margarita Finance