Lending protocol

Kamino

Solana DeFi protocol for lending, borrowing, leveraged yield and automated liquidity vaults.

No project pays to be listed. How we rank

Facts checked Sep 26, 2026

Kamino key facts

Category	Lending protocol
Chains	Solana
Platforms	Web, API
Custody	Non-custodial
Security audits	15 audits, 4 formal verifications
Fees	No deposit, withdrawal or origination fees; interest and liquidation penalties apply
Token	KMNO
Chains	Solana

Official site ↗

About

What is Kamino?

Kamino is a Solana DeFi protocol that combines lending, liquidity vaults and leverage. Its docs list 20 external security reviews, including 15 audits by firms such as OtterSec, Sec3 and Offside Labs and 4 formal verifications. Kamino Borrow charges no deposit, withdrawal or origination fees.

Kamino usage

Total value locked$1.5B+5.3% in 7 days

Chains1

From DefiLlama (TVL), updated Sep 26, 2026.

Lending protocolNon-custodialWebAPI

Kamino pros and cons

Pros

20 external security reviews with reports published
No deposit, withdrawal or origination fees on Borrow
Audit reports hosted on GitHub

Cons

Variable borrow rates rise sharply near 100% utilization
Liquidation penalties apply to unhealthy positions
Solana only

Kamino FAQ

What is Kamino?

How much value is locked in Kamino?

$1.5B according to DefiLlama on Sep 26, 2026. It is deployed on 1 chain: Solana.

How much does Kamino cost?

No deposit, withdrawal or origination fees; interest and liquidation penalties apply, according to Kamino’s own page (checked Sep 26, 2026).

Does Kamino hold my funds?

No. Kamino is non-custodial: you keep your funds in your own wallet and sign each transaction.

Sources

How this page works

Sources: Kamino: official site, Kamino: Security audits, Kamino: Fees and interest rates. Data as of Sep 26, 2026.

How we review

Not affiliated with any project listed. Educational content, not financial advice.