#Kamino
2 articles tagged #Kamino — curated RWA tokenization coverage.
Kamino Lend holds nearly half of tokenized stock deposits on Solana
Kamino Lend has established itself as the primary venue for borrowing against tokenized equities on the Solana blockchain, currently capturing 82.6% of the network's market share in this segment. Following the integration of xStocks on July 14, 2025, the protocol enabled users to deposit synthetic versions of traditional assets like SPYx and AAPLx as collateral to borrow stablecoins. This development allows investors to access liquidity against their equity positions without triggering taxable sale events, a utility previously restricted to prime brokerage relationships. By late July 2026, total tokenized stock collateral on Solana reached an all-time high of $53 million, with Kamino managing over $31 million of that volume. Despite this growth, tokenized equities remain a small fraction of Kamino Finance's total value locked, which ranges between $1.1 billion and $2.3 billion. The dominance of the xStocks standard, which holds 86.5% of the issuance share on Solana, has been a primary driver for this concentration of lending activity. While this shift highlights a new use case for DeFi composability, it also introduces unique counterparty risks related to the underlying reserve and redemption mechanisms of the tokenized assets.
Solana tokenized equities hit $52M weekly lending record
Tokenized equities on the Solana blockchain have achieved a record-breaking $51.9 million in weekly lending market activity, signaling a significant expansion in onchain credit utility. Platforms Kamino and Jupiter Exchange are the primary drivers of this growth, contributing $31 million and $20 million in volume respectively. This surge in activity is supported by a broader ecosystem milestone, with total outstanding value for tokenized equities on Solana reaching $535 million. The data, reported by SolanaFloor, highlights a shift toward using tokenized assets as collateral within decentralized finance protocols. This trend underscores the increasing maturity of the Solana network as a venue for institutional-grade financial products. By facilitating high-volume lending, these platforms are bridging traditional equity markets with blockchain-based liquidity. The sustained growth in these metrics suggests that market participants are finding tangible value in the composability and efficiency of tokenized assets on high-throughput chains.