Fluid vs Marginfi
Last updated: April 3, 2026
 |  | |
|---|---|---|
| Rating | (0) | (0) |
| Pricing | Free | Free |
| Health | Healthy | Healthy |
| Chain | solana only | solana only |
| Open Source | ||
| Features | 6 features | 8 features |
| Upvotes | ▲ 0 | ▲ 0 |
| Twitter Followers | 39,558 | 94,336 |
| Categories | DeFi & Yield | DeFi & Yield |
| Description | Unified liquidity layer powering Jupiter Lend with $1.65B TVL on Solana | Decentralized lending and borrowing protocol on Solana |
Pros & Cons
Fluid
- Massive TVL demonstrates deep liquidity
- Jupiter integration provides broad ecosystem reach
- Capital-efficient design maximizes yield on deposits
- Battle-tested protocol from Instadapp team
- Complex mechanics may confuse new DeFi users
- Smart contract risk inherent in unified liquidity design
- Relatively new on Solana compared to EVM deployment
Marginfi
- One of the largest and most trusted lending protocols on Solana
- Wide asset support including all major liquid staking tokens
- Conservative risk management with isolated pools protects lenders
- Points program provides additional incentive beyond base interest rates
- Deep integration with Solana DeFi ecosystem and strategy aggregators
Fluid vs Marginfi: Which Should You Choose?
Overview
Fluid Fluid is a unified liquidity protocol by Instadapp that combines lending and DEX trading into a single layer on Solana. As the engine powering Jupiter Lend, Fluid has amassed over $1.65 billion in tot... Marginfi Marginfi is a decentralized lending and borrowing protocol on Solana that enables users to supply assets to earn interest or borrow against collateral. It has grown to become one of the largest lendin...
Community Ratings
Both Fluid and Marginfi hold similar community ratings, suggesting users find comparable value in each. Your choice should come down to specific features, pricing, and ecosystem fit rather than overall score.
Pricing & Value
Fluid uses a free model, while Marginfi is free — Free to use. Interest rates are market-driven based on supply and demand. No platform fee on deposits.. Both tools are free, so cost isn't a deciding factor — focus on features and reliability instead.
Key Features
Fluid offers 6 features including Unified lending and DEX liquidity layer, Powers Jupiter Lend on Solana, Over $1.65B in total value locked, and 3 more. Marginfi counters with 8 features including Lending and borrowing with variable interest rates across major Solana assets, Support for SOL, mSOL, JitoSOL, USDC, USDT, and other SPL tokens, Isolated risk pools with conservative collateral factor management, and 5 more. The right choice depends on which specific features matter for your use case — check the individual review pages for full breakdowns.
Reliability & Health
We monitor both tools around the clock for uptime, SSL validity, and response times. Fluid currently has a healthy health status with 100.0% uptime over the last 30 days. Marginfi is rated healthy with 100.0% uptime. For tools you rely on daily — especially trading bots or wallets — uptime and speed are non-negotiable.
Strengths
Fluid's key strengths include massive tvl demonstrates deep liquidity, jupiter integration provides broad ecosystem reach, capital-efficient design maximizes yield on deposits. Marginfi stands out for one of the largest and most trusted lending protocols on solana, wide asset support including all major liquid staking tokens, conservative risk management with isolated pools protects lenders. On the flip side, Fluid's weaknesses include complex mechanics may confuse new defi users, while Marginfi's main drawback is variable interest rates can change rapidly with utilization shifts.
The Verdict
Both Fluid and Marginfi operate in the defi & yield space, so this is a direct head-to-head. Neither has a clear community advantage, so your decision should be feature-driven. We recommend trying both — Fluid is free to start and Marginfi is free to start. Read user reviews on each tool's page for real-world feedback from the Solana community.