Updated 2026
All of these are standard supply-and-borrow money markets; what differs is risk isolation design, collateral options, and track record.
Kamino — best if you also want automated liquidity strategies
Kamino pairs lending markets with automated concentrated-liquidity vaults, useful if you want both in one place rather than managing them across separate protocols.
Save — longest track record
Formerly Solend, Save has operated since the earliest period of Solana DeFi and has been tested through real stress events, including large concentrated positions that pushed on its liquidation mechanics.
MarginFi — best for cross-margin capital efficiency
MarginFi’s unified account model evaluates your collateral and borrowing together, which can mean more efficient borrowing power for users with diversified collateral — understand the cross-margin tradeoffs first.
Read our lending complete guide and liquidation risk guide before borrowing against volatile collateral on any of these.