marginfi

marginfi

Risk-isolated lending and borrowing protocol on Solana with concentrated liquidity

Launch Year
2022
Consensus
Proof of History
Max Supply
N/A
Block Time
~400ms
MRGN
MRGN
marginfi
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap MRGN Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

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About marginfi

marginfi (MRGN) is a decentralized lending protocol on Solana offering isolated margin accounts for borrowing and lending. Unlike pooled lending protocols, marginfi uses isolated lending groups where each portfolio has separate risk parameters. The protocol features cross-margin lending, where multiple assets in a single account can be used as combined collateral. marginfi's Arena product enables permissionless creation of lending markets for any Solana token. The protocol gained significant traction during the 2024 Solana DeFi bull run and integrated with Jupiter for leveraged trading. MRGN airdrop was highly anticipated by the Solana community.

History

2022
marginfi launches on Solana mainnet with isolated margin lending
2023
marginfi becomes a top Solana lending protocol; cross-margin lending goes live
2024
marginfi Arena launches for permissionless token lending markets
2024
MRGN token launches; marginfi solidifies position as leading Solana lending protocol

How to Swap MRGN

Exchanging marginfi (MRGN) on SyntheticSwap is fast and requires no registration or identity documents. As a Solana ecosystem token, MRGN works seamlessly with Phantom, Solflare, and Glow wallets. In SyntheticSwap, choose MRGN as your swap source or target, provide your destination wallet address, and review the exchange rate. Solana's high throughput means confirmations typically arrive within a few seconds — your destination asset is delivered to your wallet promptly after deposit. No KYC, no accounts, no delays.

How to Store MRGN

MRGN is a Solana SPL token stored in Phantom, Solflare, Backpack, or any Solana wallet. Use Ledger with Phantom for hardware wallet security.

Frequently Asked Questions