Kamino Finance

Kamino Finance is a comprehensive DeFi protocol on Solana that offers automated liquidity management, lending/borrowing, and leveraged yield strategies. It has grown rapidly to become one of the largest DeFi protocols on Solana by TVL, attracting users with its sophisticated yet accessible yield optimization tools. Kamino's automated liquidity vaults are its flagship product — they manage concentrated liquidity positions on DEXs like Raydium and Orca automatically, handling the complex rebalancing and range adjustment that concentrated liquidity requires. Users simply deposit tokens and the vaults optimize their positions for maximum fee earnings, removing the need for constant manual management. The lending and borrowing platform, Kamino Lend (K-Lend), supports a wide range of Solana assets including SOL, mSOL, JitoSOL, USDC, and other tokens. Users can supply assets to earn interest or borrow against their collateral. The multiply feature enables leveraged yield farming — users can loop their positions to amplify staking yields on liquid staking tokens. Kamino's points system and eventual token distribution have attracted significant capital to the platform. The protocol offers a clean, professional interface that presents complex DeFi strategies in an approachable way, making sophisticated yield optimization accessible to a broader audience. Kamino has also integrated with major Solana protocols to offer curated strategy vaults.