Marginfi partners with Pyth
Marginfi partners with Pyth. Pyth unlocks some of the best data for equities, commodities, FX, and cryptocurrencies for pioneers, innovators, and thought leaders building on-chain and off-chain.
Marginfi recently announced their mainnet with live testing beginning with a private group of traders. (Invitations open). A single universal interface and Omni protocol margin engine to trade across DeFi. In other words, “one account you trade an entire ecosystem of financial markets through, on Solana and beyond”.
HOW THE INTEGRATION ROLL OUT
Marginfi uses Pyth indirectly through integrated trading protocols. Pyth’s price feeds keep markets up to date, and Pyth’s confidence intervals give protocols the power to design robust mechanisms that protect from third-party asset or exchange issues.
Marginfi will use Pyth to robustly track prices for supported collateral types (even USDC and other stablecoins!) as well as additional data points that may be integrated into Marginfi’s lending and risk architecture.
Marginfi on Mainnet (Alpha)! How can people try it out?
Marginfi is looking for early testers from all around the ecosystem. Whether you bought SOL this week or run a hedge fund, we believe the infrastructure they have built can provide you value. They are specifically interested in people running their own algorithmic strats or discretionary traders that use perp venues on Solana.
Marginfi’s alpha is live on Solana and currently integrates the largest perpetual future venues on the chain. We plan to expand to other financial products and chains in the near future.
ABOUT Marginfi
Marginfi is an infrastructure layer that creates a unified DeFi trading experience. By leveraging a global margin account, positions can be cross margin against each other that are lock on different protocols. This leads to greatly improved capital efficiency on the upside and fluid risk management on the downside.
ABOUT Pyth
Pyth connects high-fidelity market data from the world’s largest professional traders and exchanges to any smart contract, anywhere.
RESOURCES
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