Quick Overview

Kamino Finance has cemented itself as one of Solana’s top lending protocols. With over $2.43b in TVL and its V2 going live at the end of May, it now offers one-click lending, borrowing, and automated yield vaults, combining features of money markets with leverage, LP strategies, and is seeing institutional adoption via RWAs. Kamino is interesting here because of it’s short-term catalysts: from institutional yield partnerships to a major V2 protocol upgrade that could drive continued growth in deposits and usage leading to very promising fees generated for the protocol. However, there are also unlocks happening, which creates an interesting dynamic amidst the v2 launch. We will dive into balance data of KMNO as traders...