Jupiter Lend vs MarginFi: Quick Compare (2026)
Jupiter Lend is a lending platform rated 9/10 with $1.02B TVL, best for Jupiter users who also want to lend. MarginFi is a lending platform rated 8.2/10 with $72M TVL, best for Cross-margin lending + MRGN points.
Need a deeper breakdown? Use editorial comparison pages and full platform reviews before you decide.
Head-to-Head Comparison
| Feature | Jupiter Lend | MarginFi |
|---|---|---|
| Rating | 9/10 | 8.2/10 |
| TVL | $1.02B | $72M |
| APY | 3-8% on USDC | Variable |
| Best for | Jupiter users who also want to lend | Cross-margin lending + MRGN points |
| Not best for | Not ideal for users seeking the highest lending yields — Jupiter Lend's rates are competitive but typically 0.5-1% lower than Kamino on major assets. Users with large positions should compare rates across Kamino, Save, and MarginFi. | Not ideal for users who dislike uncertainty around points/airdrop tokenomics — MarginFi's points system has been running since 2023 with no token launch yet. Users wanting clear, predictable yields should use Kamino or Jupiter Lend. |
| Founded | 2024 | 2022 |
Fees Comparison
Jupiter Lend Fees
| Fee | Value |
|---|---|
| Lending spread | ~0.5% |
| Deposit/withdrawal fee | None |
| Liquidation penalty | 5% |
MarginFi Fees
| Fee | Value |
|---|---|
| Lending spread | ~0.5-1.5% |
| No deposit/withdrawal fee | 0% |
| Liquidation penalty | 5% |
| Flash loan fee | 0.05% |
Pros & Cons
Jupiter Lend
Pros
- $1B+ TVL — second largest Solana lending protocol
- Integrated in Jupiter app — no extra wallet connect
Cons
- Fewer advanced features than Kamino
MarginFi
Pros
- 75% LTV — highest of major Solana lenders
- MRGN token rewards
Cons
- UI can be confusing for first-time users
When to Choose Jupiter Lend
Best for: Jupiter users who also want to lend
Honest limitation: Jupiter Lend launched more recently than Kamino or Save, with a shorter track record. While backed by the Jupiter team's reputation, the lending smart contracts have less time-in-production than competitors.
When to Choose MarginFi
Best for: Cross-margin lending + MRGN points
Honest limitation: MarginFi's $102M TVL is the smallest among P1 Solana lending platforms, which reflects both its newer position and past controversies around team transparency. The points-to-token conversion timeline remains unclear.