Creator Leaves MarginFi

April 11, 2024 Tóth Balázs

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Edgar Pavlovsky, the creator of the MarginFi crypto lending platform, is leaving the protocol due to internal disagreements. Following the news, significant outflows were observed from one of the most frequently used Solana-based DeFi protocols. According to DefiLlama, after a net outflow of $155 million from MarginFi, the total value locked decreased to $524 million, down from $811 million on April 1st. His departure does not affect the other operations of the platform.

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Creator Leaves MarginFi

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