Following a dispute with DeFi protocol MarginFi, Solend founder 0xRooter drew the community's attention to a spike in protocol deposits.

Deposits on lending and borrowing-focused DeFi protocol Solana increased to $27.86 million today, marking the highest daily inflow since 2022.

Source: Defillama

Additionally, Solend's native token surged 44% to a high of $1.80 on Thursday before falling to $1.30 at the time of writing.

Source: TradingView

In a retaliatory move, 0xRooter made a number of disparaging comments against MarginFi when the Solana-based DeFi protocol was rocked by the departure of its founder amid internal disagreements.

“Last July, MarginFi attempted to deceive Solend and its colleagues, which we discovered through a backchannel. MarginFi constantly badmouths and interacts with threads criticizing Solend.”

MarginFi saw a net outflow of $194 million amid creator Edgar Pavlovsky's resignation. The DeFi protocol's total value locked also dropped to $479.8 million, compared to $687.4 million on Tuesday and $811.1 million on April 1.

Source: Defillama

Pavlovsky publicly resigned hours after liquidity staking protocol Solana SolBlaze posted allegations, claiming that MarginFi acted in bad faith by not distributing tokens allocated to users according to depositor reward principles by SolBlaze.

https://tapchibitcoin.io/tien-gui-va-gia-token-solend-tang-vot-trong-boi-canh-tranh-chap-voi-marginfi.html