Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$654Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Nov 2026 | $654 | -- | -- | -- |
| Oct 2026 | $2.91K | -- | -- | -- |
| Sep 2026 | $2.84K | -- | -- | -- |
| Aug 2026 | $2.49K | -- | -- | -- |
| Jul 2026 | $666 | -- | -- | -- |
Comparison
Follow Updates
Follow Lists
People
About Project 0
Project 0 is a DeFi-native prime broker on Solana that consolidates a user's deposits across venues such as Kamino and Drift into one margin account and lends against the combined value, instead of requiring separate positions per protocol. It targets the isolation between Solana's lending and perpetuals venues, where collateral cannot be reused across venues and capital efficiency suffers.
Built on marginfi's lending program, it extends cross-venue collateral: deposits in third-party venues keep earning their own yield while counting toward borrowing power, but loans are drawn only from its own pools, with a risk engine weighting assets and oracle prices uniformly. After launching in September 2025, it added agent-facing access in 2026 so AI agents can reach unified yield and credit through one interface. Cross-venue collateral also means one asset's price drop hits the whole account, concentrating liquidation risk.
Project 0, as an on-chain unified margin protocol, has key milestones in its development. The launch of Project 0 Pay allows users to borrow against their DeFi portfolios, bridging on-chain assets with fiat spending and marking a shift from a pure trading tool to a comprehensive financial platform. Additionally, integrating Solana ecosystem DeFi protocols to enhance liquidity expands asset coverage and trading depth, providing a stronger foundation for the unified margin system. These nodes reflect Project 0's long-term evolution toward a crypto-native prime brokerage.
Project 0 is the first DeFi-native prime broker on Solana, managing a user's entire DeFi portfolio through a cross-venue unified margin account. On February 25, 2026, it launched Project 0 Pay: after users link a bank card or account, the system automatically borrows USDC against their portfolio at month-end to cover everyday expenses, off-ramping funds directly to their bank without selling holdings or interrupting yield. The same month brought unified-margin upgrades: collateral support for Exponent's fixed-yield PT tokens, multi-venue LST collateral across Drift / Kamino and STKESOL integration, plus flashloan-based collateral / debt swap tooling.
Future strategy and roadmap: After integrating Jupiter Lend on April 7 2026, where unified margin covers 98 percent of Solana lending TVL, Project 0 will ship perpetuals, rate derivatives such as Exponent and Rate-X and AMM positions so directional exposure and lending share one collateral pool; it will add native staking collateral and better notifications, launch a protocol token only after derivatives are complete, extend its Solana prime brokerage across more lending and trading venues, and let staked assets enter unified margin once native staking collateral goes live.
MacBrennan Peet founded Project 0 and leads it as CEO. He started in traditional finance and hedge funds before moving into health tech and Web3, building and exiting Marginfi, MRGN Research and Temporal along the way. In September 2025 he folded the MarginFi lending program, its dApp and the MRGN validators into a new brand, Project 0. The team is organised around three competencies: a risk group that maintains the in-house Brutus engine; a liquidations group that handles partial closes across venues; and an application group owning the front end and account abstraction. The defining personnel change came in April 2024, when MarginFi co-founder Edgar Pavlovsky resigned and Peet took over the rebuild, completing the rebrand over the following year. The team reports to the founding CEO.
Recent team changes at Project 0: Head of Product Adam Chambers joined in September 2025 and departed in June 2026. His Twitter handle is @chambaz, with LinkedIn profile available. This transition may influence product strategy, though the specific impact remains to be observed.
Project 0 charges around 5 bps (0.05%) for front-end asset swaps, incurred once when opening and once when closing a position, while looping itself carries no extra fee.