Kamino · 2026-11-05 15:49 UTC

Kamino in October: Fixed Rates and Tokenized Assets October was a big month for fixed-rate credit and tokenized assets on Kamino. Active fixed-rate loans grew from $20M to more than $75M. The AUTO Market passed $170M in deposits. Total tokenized equity supply crossed $50M, and the Backpack Market launched. Solflare and NEAR launched yield powered by Kamino Earn. Here's the full recap ⬇️ Fixed Rates Kamino Fixed Rates let borrowers lock in a rate for 30 days. Active fixed-rate loans went from $20M at the start of October to more than $75M by month end of the month. As fixed-rate lending grew, Auto Rollover kept loans running, renewing them at the end of each 30-day term when liquidity was available. In one week in October, more than $12M of loans rolled over. The Financial Times featured Kamino Fixed Rates and Figure, covering how consumer credit is moving onchain at fixed rates, read the announcement on FT.com. The AUTO Market holds consumer auto loans from Agora Data, originated through Figure Forge and minted by Hastra. By Oct 21, the AUTO Market had passed $170M in deposits, about 8x in a month. The OnRe Market, backed by reinsurance, also passed $10M in fixed-rate loans. Tokenized Equities Scale on Kamino Total tokenized equity supply on Kamino Lend crossed $50M. The Backpack Market launched, letting users borrow USDC against Backpack Securities' tokenized US equities: MU, SKHY, SPCX, and SNDK. Kraken Wallet launched xStocks Vaults powered by Kamino for SPYx, QQQx, and NVDAx. Kamino Earn Powers Yield in More Apps Solflare launched Earn, powered by Kamino, bringing USDC yield to mobile, web, and the browser extension. More information was published on the Kamino blog: NEAR launched Confidential SOL Yield on near.com through a Gauntlet-curated Kamino vault. Upshift's Gamma USDC Vault went live on Solana, allocating to Kamino's RWA markets and Multiply. New Markets and Collateral apyUSD is now collateral on Kamino, curated by Hyperithm. It's backed by dividends from Strategy's STRC, and users can borrow USDC against it. The Sentora Huma PST Market is live, so users can borrow PYUSD against PST. Infrastructure and Team Kamino published how it underwrites cross-chain collateral with Chainlink CCIP. Kamino made two senior US hires and opened a New York headquarters, and is hiring across engineering, product, business development, marketing, legal, and operations. Looking Ahead October showed demand for fixed-rate credit, tokenized assets, and yield built into the apps people already use. As more real-world credit, equities, and wallets come onchain, Kamino is building the markets, vaults, and integrations to meet them. More to come in November.

Loading the story on Tree News…