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About Asgard Finance
As Asgard Finance, a credit layer on Solana, the key developments over the past six months are as follows:
In April 2026, Asgard announced the disabling of Drift as a credit venue due to risk-related events. The team has contacted affected users and is in communication with the Drift team, emphasizing that other operations remain unaffected. This reflects the platform's emphasis on risk control.
On the product front, Asgard continues to refine its credit account system, supporting Credit Backed Positions (CBPs) with up to 10x leverage, covering 200+ assets, offering advanced order types such as TWAP and limit orders, and ensuring transaction security through MEV-protected paths.
Regarding future development priorities, the official statement indicates plans to expand the leveraged yield and margin trading tool suite, deepen liquidity networks and risk management capabilities, attract both individual and institutional DeFi participants, and further consolidate its position as Solana's credit infrastructure.
0xDeep (Co-Founder): Full-stack engineer and security auditor. Built Solana DeFi protocols and audited platforms with $80M+ TVL. Author of the Superteam Security Handbook. Previously ran 8ms Labs, a development and security consultancy.
Anugya Jha (Core Contributor): Smart contract developer focused on Solana DeFi, contributing to Asgard's credit account infrastructure.
vipin (Core Contributor): Backend and systems engineer, supporting protocol architecture and data pipelines.
Meowman (Core Contributor): Community and ecosystem lead, driving partnerships and user adoption for Asgard.