01 /
Brief
Solana-native lending with $1B+ RWA deposits. Institutional borrowing via Anchorage. Vault curation by Gauntlet, Steakhouse, and others.
02 /
Recent activity
Latest moves on the changelog feed.
- Mar 29, 2026WIRED
Kamino ↔ xStocks. Tokenized stock collateral on Solana.
03 /
Snapshot
Key terms and identifiers.
- Asset value
- $1B+
- Spec type
- lending-venue
- Chain
- Solana
- Rwa collateral
- xStocks (SPYx, single tickers), USYC, ACRED, sACRED
- Borrow assets
- USDC
- Typical ltv
- 50% (xStocks baseline)
- Curator led
- Yes (Gauntlet, Steakhouse)
- Asset classes
- Treasuries, Private credit
- Token standards
- erc-20
- Analytics
- defillama.com/protocol/kamino
04 /
Milestones
How this player got here.
- Mar 2026Kamino ↔ xStocks. Tokenized stock collateral on Solana.
05 /
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
