# Kamino Finance > Borrow, Earn and Leverage on Solana Kamino Finance is an open-source credit and liquidity protocol on Solana enabling users and institutions to generate returns through lending, borrowing, liquidity provision, and fixed-rate credit infrastructure. Kamino Finance is a DeFi protocol on Solana that integrates lending, liquidity provision, leverage, and institutional credit infrastructure. The platform features automated liquidity vaults, unified lending markets, fixed-rate borrowing, off-chain collateral integration with qualified custodians, and private credit vaults. Users can supply assets, borrow against collateral, access leveraged strategies, and participate in RWA-backed yield opportunities. Kamino's native KMNO token enables governance participation. - Type: Company - Sector: Finance - Status: Active - Founded: 2022-08-01 - Profile: https://thegrid.id/profiles/Kamino_Finance ## Products - [Kamino Finance app](https://thegrid.id/profiles/Kamino_Finance): Kamino Finance app is an integrated DeFi platform on Solana providing lending, borrowing, liquidity provision, and institutional credit infrastructure. Core features include Lend for automated yield vaults, Borrow for over-collateralized loans across isolated markets, Liquidity for automated concentrated liquidity positions with fee compounding, Multiply for one-click leveraged strategies, and Swap for aggregated token trading. Institutional features include Fixed Rates for locking borrowing costs over fixed terms, Borrow Intents for posting custom loan parameters onchain, Off-Chain Collateral for borrowing against assets held in qualified custody via Chainlink attestation, and Private Credit Vaults for accessing BTC-backed institutional lending yields. (Decentralised Borrowing & Lending, Live, Main Product) - [Kamino Lend V2](https://thegrid.id/profiles/Kamino_Finance): Kamino Lend V2 is the modular lending infrastructure layer powering Kamino's credit products on Solana. The architecture enables permissionless market creation, single-asset lending vaults with automated yield optimization, and enhanced risk management through Scam Wick Protection and dynamic liquidation auctions. V2 introduces isolated mode for fine-tuned collateral configurations, Spot Leverage for low-fee leveraged positions, and flexible borrowing modes across user-defined risk profiles. (Decentralised Borrowing & Lending, Live) - [Kamino RWA DEX](https://thegrid.id/profiles/Kamino_Finance): Kamino RWA DEX provides oracle-priced liquidity for tokenized real-world assets on Solana. The protocol deploys liquidity in real-time around fair value prices derived from asset-specific modeling, ensuring deep onchain liquidity for tokenized treasuries, equities, commodities, and receivables. Asset issuers can list tokenized products with automated liquidity management, eliminating the need for third-party market maker agreements while enabling users to purchase RWAs at fair value. (Decentralised Exchange, In Development) - [BuildKit](https://thegrid.id/profiles/Kamino_Finance): BuildKit provides API and SDK infrastructure for developers to embed Kamino yield and credit products into external applications. The toolkit enables deposit, withdrawal, rate checking, and position monitoring functions through documented endpoints. Integrators can implement revenue sharing on yields generated for platform users. BuildKit supports Privy embedded wallets for user onboarding without private key management. (Developer Tooling, Live) ## Assets - [Kamino (KMNO)](https://thegrid.id/profiles/Kamino_Finance): KMNO is the governance token of Kamino Finance on Solana. It is used to vote on protocol proposals, incentive programs, revenue allocation, and risk management strategies, with staking providing enhanced reward allocations. The protocol implements quadratic voting to prevent governance centralization, requiring token holders to stake KMNO to participate in decision-making processes. (Governance) ## Links - [Blog](https://blog.kamino.finance) - [Documentation](https://docs.kamino.finance) - [Whitepaper](https://docs.kamino.finance/kamino-lend-litepaper) - [Terms of Service](https://kamino.com/terms) - [Media Kit/branding](https://docs.kamino.finance/build-on-kamino/brand-assets) - [Main](https://kamino.com) - [Forum](https://gov.kamino.finance) - [LinkedIn](https://www.linkedin.com/company/kaminofinance) - [Twitter / X](https://x.com/kamino) - [Telegram](https://t.me/+z4XqPSCki-hhMDc0) - [Discord](https://discord.com/invite/kaminofinance) - [GitHub](https://github.com/Kamino-Finance) - [GitHub](https://github.com/Kamino-Finance/klend) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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