Net deposits into @KaminoFinance have surged by $1.6B (80%) to a new all-time high of $3.6B. The protocol now manages $1.5B in active loans and just hit a record $1.4M in daily fees.
Kamino is now the 3rd largest lending protocol in terms of both active loans and total deposits, trailing only Aave ($16B / $40B) and Morpho ($2B / $5B).
As tokenized private credit funds like @apolloglobal $acred and other RWAs launch on Solana, this could further accelerate adoption.
Buckle up.
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