Kamino Lend · Solana

XBTC (Main Market)

Overview

The Kamino Lend XBTC pool on Solana is a single-asset lending position where suppliers earn variable interest on Bitcoin-backed token deposits. Kamino Lend generates yield by intermediating borrowing demand against pooled XBTC liquidity and distributing the resulting interest spread to lenders. Total APY stands at 0.55%, with no additional reward component. The 7-day trend shows an increase of 0.49% while the 30-day trend is up 0.4%. This current rate is above the 30-day mean of 0.43%. TVL sits at $17M, with no reported change over the past week. Primary exposure here is to smart-contract risk due to the protocol's reliance on code execution for interest payments and collateral management. Lending utilisation in this pool reflects typical levels for Bitcoin-backed assets within the lending category.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 0.07%; 30-day mean is 0.02%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 58% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.