Project of the Week: @Kamino Kamino continues expanding Solana’s onchain credit markets, with major moves across RWAs, institutional lending and fixed-rate products. ■ tGBP Market: Launched a new sterling-denominated lending market curated by @SteakhouseFi, bringing British-pound credit onchain to Solana. Users can supply tGBP or borrow it against USDC, cbBTC and JitoSOL. ■ Fixed-Rate Lending: Kamino launched its first Fixed Rate Multiply vault with Figure and HastraFi, offering a locked 5.3% annual borrow rate for rolling 30-day terms. ■ Institutional Expansion: Galaxy launched curated USDC and USDT vaults on Kamino, bringing its institutional risk framework and lending expertise into Solana DeFi. Galaxy ■ RWA Credit: Kamino continues expanding its RWA lending markets. Its OnRe market crossed $250M, becoming its largest RWA market, while ONyc became its largest RWA asset by supplied value. ■ Growing Credit Layer: Kamino says it has originated $21B+ in onchain loans over three years, with $2.7B+ in deposits. The bigger picture: Kamino is moving beyond traditional DeFi lending and building credit infrastructure around tokenized assets, institutional capital and real-world currencies on Solana.
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