Kamino Finance, a DeFi protocol on Solana, offers lending, borrowing, and liquidity management services. In the last 90 days, users deposited over $5.57B and withdrew $3.82B, leading to a net deposit of $1.74B. The highest activity was on Aug. 5, with deposits over $218.1M and the largest withdrawal on the same day. Net deposits over the last 24 hours, 7 days, and 30 days have remained positive, reflecting strong user engagement.
Filpside - @Ario
The token with the highest net deposit is SOL, with $1.06B over the last 90 days, notably having low withdrawals. JupSOL, a liquid staking token from the DeFi platform Jupiter, is second with $346M. PYUSD, a stablecoin developed by PayPal, follows at $146M. USDC holds the highest withdrawals, totaling $39M.
Flipside - @Ario
Borrowing on Kamino surged in the last 90 days, with a peak on Sept. 13, when users borrowed over $164M. Total borrowing hit $1.94B, while repayments were solid at $1.5B. The average borrow amount was $21M, and average repayments stood at $16.6M.
