Hey Bamilia 🤌🏼🦖
Time to unstake all your Gen 1 & Gen 2 Zillaz!
We’re moving toward full independence no more relying on third party systems for the future of Zillaz.
This step is key to unlocking the next phase.
Unstake your Zillaz now.
Links below
September was a month of milestones for Kamino, with record lending growth, major integrations, and important security milestones:
• Kamino Lending Vaults reached a new ATH at $600M in deposits, generating $3M in pure interest since inception.
• Active loans hit $1.7B, with USDC borrows surpassing $500M—both all-time highs.
• Liquidation penalties cut by 90%, significantly improving capital efficiency and reducing costs for borrowers.
• $PYUSD Campaign became one of Solana’s largest stablecoin launches: $400M TVL and $2.4M in monthly rewards distributed to Kamino users.
• @maplefinance Market surpassed $100M TVL, alongside the launch of SyrupUSDC Multiply Backtesting, enabling users to test strategies using real historical data.
• Cabana Wave and Settler added to Kamino Swap, strenghtening it as the most advanced Swap Aggregator on Solana.
• Fuzzing analysis by @AckeeBlockchain completed, reinforcing Kamino’s already verified and audited systems.
• Security Page launched, a comprehensive hub detailing Kamino’s full security stack.
• @phantom partnership went live with $CASH integration, $500K in user incentives, and pSOL (Phantom LST) onboarding to Kamino.
Kamino is solidifying its role as Solana’s trusted layer for secure and transparent credit.
1/ Significant updates to $PYUSD on Kamino
As deposits neared the $400M limit, caps in Kamino’s Main Market has been raised to $1B — opening up $600M in deposit capacity.
Additionally, incentives have once again been increased, now surpassing $3M per month. ⤵️
solana defi incoming wave 2026 imo
eth defi is currently still 10x bigger than sol
jupiter is still worth less than uniswap
still no big lending protocols on sol yet
i think we'll see sharp venture start to rotate from AI to crypto
and i believe most of that flow will be towards apps building in sol eco, because that’s where most of the successful apps have been built this cycle