The DeFi liquidity solution Kamino plans to launch spot leverage in the coming weeks

Sep 21, 2024 14:49:42

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ChainCatcher live report, at the Solana 2024 Breakpoint conference, Kamino founder Marius C. announced plans to launch spot leverage in the coming weeks and designed a brand new user interface to make access easier.

In addition, he mentioned that there are currently two more products in design.

According to RootData, Kamino is an automated liquidity solution based on the concentrated liquidity market maker (CLMM) mechanism. Liquidity providers (LPs) seeking to improve capital efficiency can utilize Kamino's automated market-making vault to enhance fee and return expectations. Kamino is incubated by Hubble Protocol.

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