Kamino Finance

Open your Solana wallet and connect to Kamino Finance to put idle assets to work or unlock liquidity. Confirm you’re eligible first; the app is not available to U.S. persons. From Markets, choose a token you hold and supply it. Your deposit starts earning a variable rate and can be enabled as collateral. Before turning on collateral, review the asset’s collateral factor and liquidation buffer. Use the borrow calculator to preview limits, health, and potential liquidation prices under different market moves. The portfolio view shows net APY, health score, and any rewards in one place.

When you need liquidity, select a borrow market and choose an amount that keeps your health comfortable. Borrowed funds arrive in your wallet immediately for trading, payments, or liquidity strategies. To amplify exposure, use the leverage flow: deposit, borrow the paired asset, swap, redeposit, and iterate with a single action until your chosen leverage cap. Guardrails display projected health after price shocks so you can size safely. You can repay anytime, or use repay-from-collateral to close risk quickly without manual swaps. If volatility spikes, partial deleverage helps you reduce exposure without unwinding the entire position. Optional automation can maintain a target LTV by allocating yield to repayments or pausing compounding when conditions worsen.

For liquidity provision, pick a pool and select a price range. Kamino suggests ranges designed to capture fees while moderating rebalancing costs, or set custom ticks if you prefer. Zap in from a single token; routing handles the split and deposit. After you add liquidity, fees auto-compound and vault logic rebalances positions based on pool conditions. Use historical tools and range simulators to compare narrow bands (higher fee intensity, more upkeep) versus wider bands (lower upkeep, steadier exposure). When rotating, zap out to one asset, harvest fees, and redeploy to a new pair or range. Advanced users can pair a borrow with LP for hedged or directional exposure and track delta, health, and PnL in one dashboard.

Day-to-day, focus on a few routines: monitor health, LTV, borrow rates, and unrealized PnL; set alerts for thresholds; export transactions for accounting; and run stress tests to see how your positions react to price swings and rate changes. Review audits and risk docs and remember on-chain activity is transparent but still demands active management. Nothing here is financial advice. Access is restricted where prohibited, including for U.S. persons.