A first step toward Marinade Borrow
Marinade Borrow starts here. Your existing Kamino and Jupiter Lend positions now appear directly inside Marinade portfolio, so your stake and your loans finally sit in one view. Sign up to get in early.
Today we're launching the first piece of Marinade Borrow: your existing Borrow positions on Kamino and Jupiter Lend, now visible directly inside your Marinade portfolio.The product is in gated early access while we test and learn. If you'd like to help shape what comes next, sign up here.
Why we're building this
Around $1.2B of liquid staked SOL already works as collateral across Solana DeFi. Roughly 90% of it sits on Kamino and Jupiter Lend. For the biggest stakers, this isn't a niche use case, it's the main one. Marinade users already have an active loan against their stake. They're borrowing stables, rotating into other positions, or running leveraged staking loops, all without selling a single SOL. Staking and borrowing have always been two halves of the same story. Until now, holding both meant juggling tabs and protocols: your stake in one place, your loans in another, your health factor on a tab you forgot to refresh. We're starting to bring them together, without building a new lending protocol, and without asking you to leave the venues you already trust.
What's live today
A unified, read-only view of your active Borrow positions on Kamino and Jupiter Lend, alongside your Marinade stake.
- One portfolio, both sides of the trade. Your stake, your collateral, and your debt, on the same page.
- Direct, on-chain. We read positions straight from Kamino and Jupiter Lend. No migration, no new approvals, no Marinade contract sitting between you and your loan.
- At-a-glance health. Net value, LTV, and supply/borrow APY for every position you hold.
This release is intentionally narrow. Before we touch your loans, we want to earn the right to.
Built with the venues you already use
Marinade Borrow only works because Solana already has the best lending venues in DeFi. Kamino and Jupiter Lend are our launch partners.
What comes next
Read-only is step one. From here, we're building toward:
- Repay your loans from inside Marinade, in one click.
- Auto-repay from staking yield, set it once, and your loan pays itself down every epoch.
- Originate new loans through the best route across our partner protocols, without leaving the app.
The end state is simple. Stake your SOL. Borrow against it when you need liquidity. Let your yield service the debt. Never sell.
"We're not trying to be a lending protocol. We're trying to be the place where everything that happens to your staked SOL. Earning, borrowing, eventually spending all comes together. Showing Borrow positions is how we earn that trust, one feature at a time." — LJ, Marinade
Get early access
Borrow is open to a limited group of users while we test, learn, and ship. If you already have a position on Kamino or Jupiter Lend, or you're considering taking one, sign up to be among the first to manage it from inside Marinade.
