CryptoNews Podcast #477: Macbrennan Peet, Founder of Project 0, on Borrowing Against Your Entire DeFi Portfolio, Onchain Credit Markets, and Entertainment Finance
Sep 25, 2025
MacBrennan Peet, Founder of Project 0 and co-founder of MarginFi, shares insights on creating the first DeFi-native prime broker on Solana. He explains how users can borrow against their entire DeFi portfolio, simplifying fragmented liquidity across multiple venues. MacBrennan draws parallels to traditional finance and discusses the significant advancements in on-chain credit markets. He also highlights emerging trends in entertainment finance and emphasizes how on-chain prices are increasingly more accurate.
AI Snips
Chapters
Transcript
Episode notes
Unified Portfolio Borrowing
- Project Zero aggregates liquidity across multiple DeFi venues so users can borrow against their entire portfolio in one action.
- This unified margin view increases capital efficiency and recognizes offsetting exposures to reduce liquidation risk.
Bring Prime Brokerage To Everyone
- Use a prime-broker style system to combine positions across venues for better margin and simpler risk management.
- Anyone can access this DeFi-native tooling, not just institutional or ultra-wealthy players.
Why Solana For Risk Engines
- Solana's speed and low-latency finality make it suitable for a real-time credit and risk engine that needs fast liquidations.
- Project Zero's core credit engine is built on Solana and performs critical risk updates in real time.