Amulet adds marginfi to MainNet to bring protocols protected up to 19! 🧿

Amulet Protocol is thrilled to introduce our 19th protocol – marginfi – a dynamic addition to our MainNet offerings. This summer has been ablaze with productivity at Amulet, as we tirelessly strive to expand the array of protocols accessible to our users for staking and safeguarding their assets.

In this blog post, we’ll provide you with a walkthrough of how to use marginfi on Amulet. However, for those who prefer hands-on exploration to reading, seize the opportunity to jump directly into action at

Who are marginfi?

marginfi emerges as a beacon of innovation within the Solana ecosystem, redefining the dynamics of decentralized lending with its comprehensive protocol. Designed and deployed on Solana’s blockchain, marginfi addresses the essential aspects of risk management, liquidity provision, and capital efficiency, creating a secure environment for users to access leverage effectively.

As a decentralized lending protocol, marginfi introduces a fully permissionless suite of smart contracts that seamlessly interact with the blockchain. This interaction is backed by real-time risk management mechanisms and automated liquidations, ensuring that users’ assets remain secure even during market fluctuations.

One of marginfi’s distinguishing features is its composability – it seamlessly integrates with third-party protocols, establishing a bridge to a broader spectrum of decentralized finance (DeFi) services. This means that users can consolidate their on-chain portfolios and tap into a wider range of opportunities, all within the secure confines of the marginfi ecosystem.

marginfi’s compatibility with Amulet Protocol further amplifies its impact. Through Amulet, users can not only safeguard their marginfi assets by purchasing smart contract cover but also stake $aUWT tokens into the marginfi pool, reaping rewards and contributing to the capacity for cover.

What next?

This exciting news has created more opportunities for the AmuNation. Users can take advantage of the marginfi listing in 2 ways:

Buy Cover:

  • Head over to
  • Connect your wallet
  • In the Cover section, search for marginfi (pictured below)
  • Protect based on your needs

Users with MetaBears will have their premium discount applied automatically. Loyalty points will be rewarded for buying cover.

Stake $aUWT into marginfi Pool:

  • Head over to
  • Connect your wallet
  • In Underwrite section, under stake $aUWT, search for marginfi Pool (page 2)
  • Stake $aUWT and provide capacity for users
  • Earn ROI with a starting APY of 10.09%

For full terms and conditions of our smart contract vulnerability cover, please refer to this document:

If you have any questions, reach out via Discord:

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