Solend's pseudonymous founder 0xRooter took to X to show how deposits had increased during the last 24 hours on the heels of criticizing rival MarginFi, which had its creator announce his departure yesterday.

Simultaneously, Solend's token rose by as much as 44% on Thursday before declining slightly to $1.57 as of 2:45 p.m. ET. according to The Block's price page.

"Saw a big surge in activity on solend yesterday," 0xRooter posted. Deposits on the DeFi protocol for lending and borrowing on the Solana blockchain rose to $18.6 million on Thursday, the highest daily inflow since 2022, according to DefiLlama. 

In the past 24 hours, in what appears to be framed as a retaliation, 0xRooter has made some disparaging comments regarding MarginFi as the Solana-based DeFi protocol was shaken …