marginfi

Name

marginfi

Website

https://marginfi.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Decentralized Finance (DeFi) Lending

NAICS

Other Financial Vehicles (525990)

SIC

Finance Services (6199)

akta.pro primary industry

Decentralized Lending Protocols (DeFi Money Markets) (FSADAFAB)

akta.pro secondary industries

Decentralized Lending & Borrowing Protocols (FSADAMAA), Crypto Borrowing & Margin Credit Facilities (FSADAFAC)

Keywords

• DeFi lending protocol
• Solana crypto borrowing
• Decentralized yield platform
• Collateralized crypto loans
• Liquidity pool protocol

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Revenue model

1. Lending Interest Spread: Protocol generates revenue through interest rate spreads between lenders and borrowers. Users deposit assets to earn APY while borrowers pay interest on their loans, with the protocol capturing a portion of the spread.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

marginfi operates a decentralized lending and borrowing protocol on the Solana blockchain that lets users deposit crypto assets to earn variable APY or borrow against their collateral. The protocol aggregates lending pools across multiple venues (Kamino, Jupiter Lend, Drift, and its own dynamic pool via Project 0), enabling single-interface access to liquidity and yield. It is a permissionless, wallet-connected DeFi protocol targeted at crypto-native users managing on-chain positions.

Product overview

marginfi is a decentralized finance (DeFi) lending protocol built on Solana, offering a single unified platform for lending, borrowing, deposit, and swap functionality. The core platform provides users with access to lending pools where they can earn APY on deposits or borrow against collateral. The company is currently transitioning users to the Project 0 dApp, which serves as an upgraded interface providing access to marginfi's core functionality alongside integration with external venues like Kamino, Jupiter Lend, and Drift.

Differentiator

Problem solved

Functional benefit

Products and services

• marginfi Core Platform A decentralized lending and borrowing protocol on the Solana blockchain that allows crypto holders to deposit assets to earn variable APY, borrow against collateral, and manage multi-asset positions through a single web interface with wallet connection.
• Project 0 dApp The successor decentralized application to the marginfi interface, powered by Project 0, that delivers enhanced lending and borrowing functionality, multi-venue venue access, and a dynamic adaptive lending pool for yield optimization. Targeted at crypto-native DeFi users managing positions on Solana.

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Project 0coreTechnology or IntegrationProject 0 powers the marginfi lending interface. The marginfi dApp is being deprecated in favor of the Project 0 dApp, which provides upgraded functionality and access to venues like Kamino, Jupiter Lend, Drift, and more.

Recent moves5 records

Expansion highlights3 records

Direct peers

• Kamino Finance: Major Solana-native lending and liquidity venue; one of the largest pools marginfi directly competes with and that Project 0 routes to alongside marginfi.
• Drift Protocol: Solana lending and perpetual futures protocol; directly overlaps marginfi's collateralized borrowing use case, especially for leveraged traders.
• Jupiter Lend: Lending vertical of the dominant Solana DEX aggregator; competes head-to-head for lending deposits and borrowers and is surfaced inside Project 0 alongside marginfi.
• Solend: One of the original Solana money-market protocols; offers very similar deposit/borrow functionality and competes for the same DeFi user base.

Broad incumbents

• Aave: Largest cross-chain DeFi lending protocol; competes with marginfi indirectly for crypto-collateralized borrowing demand and sets the product template marginfi follows.
• Compound: Pioneer Ethereum money-market protocol; comparable lending/borrowing mechanics and is a useful benchmark for protocol fee capture in DeFi.
• MakerDAO (Sky): DeFi lending/CDP system and DAI issuer; a much larger incumbent in crypto-collateralized borrowing with comparable risk-engineering complexity.

Emerging players

• Morpho: DeFi lending layer that optimizes rates between money markets; conceptually adjacent to marginfi's positioning as a higher-efficiency layer over baseline pools.
• Maple Finance: Crypto-native credit marketplace serving institutional and high-net-worth borrowers; overlaps marginfi at the institutional end of crypto-collateralized lending.

Others

• Project 0 (0.xyz): The aggregator dApp that now powers the marginfi interface and routes to competing venues; not a pure competitor but a key dependency and distribution partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/marginfi
• LinkedInlinkedin.com/company/marginfi

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors3 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 marginfi