Kamino rides a wave of investor attention as Solana Defi recovers the lead center. The KMNO for the protocol increased by 77.6 % last month, increasing to $ 0.079 with the maximum market by $ 108 million.
The daily size exploded to $ 130 million, while Kamino’s total value increased to $ 2.216 billion, making it one of the largest Defi protocols throughout Solana.
The annual fee revenues of the protocol amounted to 92.71 million dollars, driven by high strategies on the series and the improving return strategies.
Kamino’s growth is revealed as Solana Dex Ethereum is more than a daily folder over $ 2.5 billion. Pisces activity, MC speculation, and institutional evaluation flows create an increasing wave for all major original applications.
Solend has also seen the regeneration of traction. The original symbol of the protocol, which was recently renamed from SLND to saving, rose more than 47 % in the past two weeks and is circulated at $ 0.355. TVL is located at $ 208 million, and the capital appears steadily declining to lending markets.
Although the growth path was more moderate than Kamino’s, Solend’s Recbrand and updated contract infrastructure attracts new attention than users who are in high -yield Defi alternatives.
With the Solana 7B+ Defi TVL activity and the activity of the upward address, even well -known names like Solend are witnessing a new new direction.
Solana’s ecosystem momentum operates both protocols
Solana herself is the catalyst. The series dominated the Dex sizes for weeks, and the mechanics wander in billions in daily trading, protocols such as Kamino, Jito and Solend that quickly accumulate.
The corporate background winds also play a role – Sol strategies recently announced a $ 500 million conversion note plan to expand Sol.
The retail and whales alike revolves to the original Solana applications. Kamino and Solend are clear beneficiaries, which reflects a wider direction as Blockchain’s Defi’s scene is only recovered, but it is a pioneer.
With KMNO, preparing traction acquisition and TVLS height, the next stage of the Solle cycle may be already ongoing.
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