marginfi is a permissionless borrow-lending protocol on Solana built by mrgnlabs. mrgnlend offers pool-based lending across SOL, LSTs, blue-chips and stablecoins; an adjacent LST product provides zero-fee liquid staking.
One account, many assets, a single health factor
Drop the price of the volatile assets (SOL, JitoSOL, wBTC) and watch one move ripple into the whole account's health.
Key idea: all deposits cross-collateralize into one health number. Risk weights decide how much each asset contributes — low-weight collateral gives less borrowing power, and a single price drop is checked against the whole account at once.
Live signals detected by Sentinel monitors across all five risk classes.
See each alert's affected component, root-cause analysis, and recommended action. Pro members get the full risk breakdown for every protocol.
Solana DeFi historically lacked a robust, transparent, on-chain money market with isolated risk parameters per asset — early Solana lenders mixed risk pools and accumulated bad debt during volatile events.
marginfi rebuilt Aave V2-style pool-based lending for Solana, adding per-bank isolated/reduce-only/paused operational states, dual Pyth+Switchboard oracle paths, and a configurable two-piece interest rate curve per asset.
First major Solana lending market with isolated-bank risk parameters and a points-program go-to-market; complemented by a zero-fee liquid staking product (LST) and a permissionless leveraged-trading layer (The Arena).
marginfi is a Lending protocol operating on Solana. marginfi is a permissionless borrow-lending protocol on Solana built by mrgnlabs. mrgnlend offers pool-based lending across SOL, LSTs, blue-chips and stablecoins; an adjacent LST product provides zero-fee liquid staking.
marginfi rebuilt Aave V2-style pool-based lending for Solana, adding per-bank isolated/reduce-only/paused operational states, dual Pyth+Switchboard oracle paths, and a configurable two-piece interest rate curve per asset.
DeFi Sentinel rates marginfi AA with a safety score of 81/100, indicating very low risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. marginfi has 9 audits on record. DeFi Sentinel's analysis flagged 1 high, 5 medium, 2 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization, Sustainability & Competitive Position and Reputation & Social Trust. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
marginfi has a DeFi Sentinel safety score of 81/100 (rating AA), last updated May 22, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
marginfi is deployed on Solana.
Yes. marginfi has 9 audit reports on record from firms including OtterSec, Sec3 (General), Sec3 (Liquidations). Audit reports and dates are linked under the Resources tab on this page.
