
Kamino
KMNO#138KMNO is the token of Kamino, a Solana DeFi protocol for lending, borrowing, liquidity vaults and leveraged yield.
- Market cap
- $228.78M
- Volume 24h
- $3.87M
- All-time high
- —
- Circulating supply
- 5.68B of 10B
Does not clear all 8 Shariah criteria. Needs caution: interest (riba), nature of the asset, and excessive uncertainty (gharar). Fails: business model and usage.
- 3 pass
- 3 caution
- 2 fail
Verdict history
- DoubtfulCurrent
First publication
Long term: attractive. Now: neutral.
About Kamino
KMNO is the token of Kamino, a Solana DeFi protocol for lending, borrowing, liquidity vaults and leveraged yield.
Kamino is a decentralised finance protocol on Solana. It started with automated liquidity vaults and grew into a lending market where users deposit assets to earn interest and borrow against collateral. Its Multiply product uses borrowing to give leveraged exposure to yield-bearing assets.
Kamino earns by keeping a share (11% to 20%) of the interest borrowers pay, plus fees from liquidity vaults. In September 2026 it named a new chief executive and opened a New York office to lend against tokenised real-world assets.
KMNO launched on 30 April 2024 with a supply of 10 billion tokens. Holders stake it for boosted rewards and vote on the protocol. About 55% went to stakeholders, advisors and contributors, unlocking linearly after a one-year lockup.
Sources · 6
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Apr 30, 2024
- Consensus
- Hosted by a company
- Max supply
- 10,000,000,000 KMNO
What it is used for
- Governance of the Kamino protocol
- Staking for boosted rewards
- Spot trading on exchanges and Solana DEXs
Market data
- Market cap
- $228.78MRank #138
- Fully diluted value
- $403.12MAt 10B KMNO
- Volume 24h
- $3.87M1.69% of market cap
- Total supply
- 10B KMNOIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 5.68B KMNO56.8% of max supply
- Max supply
- 10B KMNOFixed by protocol
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category