---
type: entity
entity_type: company
name: "Kamino"
domain: internet-finance
status: active
key_metrics:
  xsol_sol_liquidity_share: ">95%"
  vault_management: "automated rebalancing for concentrated liquidity"
tracked_by: rio
created: 2026-03-11
---

# Kamino

Kamino is a Solana DeFi protocol specializing in automated liquidity management for concentrated liquidity AMMs. The platform manages over 95% of xSOL-SOL liquidity on Solana AMMs through automated vault strategies that rebalance positions, demonstrating strong product-market fit for LST liquidity provision.

## Timeline
- **2025-03-05** — Sanctum proposes using Kamino vaults for INF-SOL liquidity incentives, citing Kamino's dominance in xSOL-SOL liquidity management
- **2025-03-08** — Sanctum proposal passes, authorizing Kamino team to manage up to 2.5M CLOUD in incentives with dynamic rate adjustment to maintain 15% APY target

## Relationship to KB
- [[sanctum-incentivise-inf-sol-liquidity]] - liquidity management partner
- Demonstrates automated vault management as the preferred model for LST liquidity (users unwilling to provide liquidity without third-party management)
