KMNO#279solana
Kamino
KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS
Where to buy KMNO
Trade Kamino on a supported exchange.
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Risk signals
Key risks surfaced in review. See Risks & controversies below for the sourced detail.
- Large future unlocksMedium
55% of supply allocated to Key Stakeholders & Advisors and Core Contributors with 12-month lockup followed by 24-month linear vesting.
- High supply concentrationMedium
Only 10% circulating at TGE with 90% held in locked stakeholder, contributor, and treasury allocations.
- Treasury-directed allocationLow
35% Community & Grants portion remains treasury-controlled for incentives and grants.
Kamino wiki
First drafts are compiled automatically from public and primary sources, with every claim cited. Anyone can propose edits, and every change is reviewed against primary sources before it goes live.
Background
Updated by Tokenica
Kamino is a Solana-based DeFi protocol that unifies lending, liquidity provision, and leveraged strategies into automated products for borrowing, lending, and yield generation across assets including SOL, USDC, and others. It originated in 2022 as a platform for one-click auto-compounding concentrated liquidity vaults on DEXs such as Orca, Raydium, and Meteora, later expanding to become a major lending and borrowing venue on the network. The KMNO token, with a total supply of 10 billion and launched via genesis event on April 30, 2024, serves as the governance token for DAO proposals and enables staking for boosted yields and incentive programs.
Risks & controversiesNothing notable found yet
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TeamNothing notable found yet
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Tokenomics
Updated by Tokenica
KMNO has a fixed total and max supply of 10,000,000,000 tokens, with an initial circulating supply of approximately 1,000,000,000 at TGE on April 30, 2024. Official allocations are Community & Grants (35%, treasury-directed for incentives and grants, including a 7.5% Genesis subset), Key Stakeholders & Advisors (35%, subject to 12-month lockup followed by 24-month linear vesting), Core Contributors (20%, same vesting schedule), and Liquidity & Treasury (10%). No ongoing emission or inflation schedule is specified. Token utility includes staking (for yield boosts and xKMNO fee discounts) and governance participation in the Kamino DAO for proposals on rewards, grants, and risk parameters.
Timeline
Updated by Tokenica
- Late 2021Kamino Project FoundedTeam with Solana DeFi experience founded Kamino, initially incubated by Hubble Protocol.
- August 30, 2022Kamino Finance LaunchHubble Protocol launched Kamino Finance with automated liquidity vaults on Orca DEX concentrated liquidity pools.
- October 2023Kamino Lend Beta LaunchAdded lending markets to the platform, expanding from liquidity vaults to a full DeFi suite on Solana.
- March 12, 2024Bybit Web3 PartnershipPartnered with Bybit Web3 to provide access to Kamino products and pre-launch KMNO token exposure via Solana Fiesta campaign.
- March 31, 2024KMNO Snapshot for GenesisSnapshot taken for KMNO Genesis airdrop allocation to reward existing platform users.
- April 30, 2024KMNO Token Generation EventKMNO token launched with TGE and Genesis event distributing 7.5% of supply; total supply 10 billion on Solana.
- September 2024Kamino Lend V2 AnnouncementAnnounced Lend V2 upgrade introducing modular lending markets, Earn Vaults, and advanced credit features.
- December 12, 2025Kamino Next Chapter GovernanceAnnounced six new products including Fixed Rates, Borrow Intents, and institutional features for tokenized assets.
Products
Updated by Tokenica
- Provides permissioned-asset lending markets for supplying assets to earn interest and borrowing against collateral.
- Offers automated concentrated liquidity vaults on DEXs such as Orca and Raydium for fee-compounding market making.
- Enables one-click leveraged yield strategies by looping positions across lending and liquidity products.
- Aggregates token trading with routing across Solana liquidity sources.
- Curated single-sided deposit vaults that automatically allocate assets across lending markets for yield.
- Isolated over-collateralized lending markets with configurable risk parameters and rewards.