Explore Kamino on Solana for automated liquidity provision and lending. Simplify your DeFi experience with innovative tools and earn rewards effortlessly.
About Kamino
Kamino is a Solana-native DeFi platform that unifies lending, borrowing, leveraged strategies, and automated liquidity provision in one interface.
Traders can supply or borrow assets, lever up staking or LP positions, and deploy into automated liquidity vaults that manage rebalancing and compounding for you. Kamino targets users who want fast, low-cost strategies on Solana with risk tools, portfolio views, and clear position health indicators.
Kamino supports major Solana assets (e.g., SOL, USDC, USDT, JUP and others) and is built to make “Lend → Leverage → Liquidity” a smooth, single-app workflow.
What makes Kamino special?
A short, direct workflow ties lending, leverage, and liquidity into one system. You can deposit into an auto-managed liquidity vault and then use the vault’s kToken as collateral to borrow or lever up—without leaving the app. Risk tooling is explicit: cross vs. isolated markets, partial liquidations via Dutch auctions, and clear liquidation penalties are all documented and visible.
Kamino also publishes an audit list and maintains security notes for automated liquidity, providing transparency around smart-contract reviews.
Pricing
Discover the pricing options available for Kamino
Free
Kamino doesn’t charge a subscription to use the app. Costs come from:
Network fees: Solana transaction fees.
Lending/borrowing: Interest rates that vary by market. Some markets include an interest rate spread (e.g., stablecoins or wSOL), and Kamino may take a portion of borrow interest as protocol revenue. Review the current fee table in-app before opening positions.
Liquidations: If your position is liquidated, a penalty (typically ~1–3% in partial liquidations) is applied; penalty can be higher for full liquidations or specific assets.
Liquidity vaults: Deposits/withdrawals can route through Jupiter for token balancing and may incur DEX swap fees. Vault strategies auto-compound fees earned on DEXs.
If a detail is missing or unclear for your asset, confirm the current parameters directly in the Kamino app.
How to get started
A quick path for beginners:
1
Open the app
2 minutes
Easy
Go to Kamino and connect a Solana wallet of your choice.
2
Choose a product
2 minutes
Easy
Pick Lend (supply/borrow) or Liquidity (auto-managed CLMM vaults).
3
Deposit assets
2 minutes
Easy
Supply SOL or stablecoins to earn or to enable borrowing. For vaults, deposit the required token(s); Kamino can auto-swap via Jupiter if needed.
4
Configure risk
2 minutes
Easy
Select cross or isolated mode, review LTV and liquidation parameters, and confirm.
5
Monitor and optimize
2 minutes
Easy
Track health, yields, and compounding. Consider using kTokens as collateral to extend strategies responsibly.
Pro Tips
Tip 1
Check fee tables before leverage: Spreads and penalties differ by market and can impact net returns.
Frequently Asked Questions
Get answers to the most common questions about this tool
What is Kamino?
Kamino is a decentralized finance (DeFi) platform on the Solana blockchain that automates and optimizes liquidity provision for decentralized exchanges (DEXs).
How does Kamino work?
Kamino automates the management of liquidity positions on Solana's advanced DEXs, optimizing for factors like fees and yield to enhance returns for liquidity providers.
What assets can I use with Kamino?
Kamino supports various Solana-based assets, including SOL, USDC, and other tokens compatible with Solana's DEXs.
What’s the difference between cross and isolated markets?
Cross mode shares collateral and debt across assets for higher capital efficiency; isolated mode contains risk to the asset pair you choose.
How do liquidations work on Kamino?
Positions can be liquidated partially through a Dutch auction. A liquidation penalty applies and depends on asset and severity; partials commonly incur ~1–3%.
Can I use liquidity vault deposits as collateral?
Yes. Vault deposits mint kTokens, which Kamino accepts as collateral in Lend.
Does Kamino auto-compound LP fees?
Yes. Vaults automatically harvest and reinvest fees from DEX trading into your LP position.
Are there audits?
Yes. Kamino keeps a public list of completed and ongoing audits linked from its security section.
