Kamino Liquidity · Solana

PYUSD-USDC

Overview

The Kamino Liquidity PYUSD-USDC pool on Solana is a multi-asset liquidity management position that generates yield from providing liquidity for the PYUSD-USDC pair. This protocol facilitates swaps and trades, earning fees based on trading volume.

Total APY stands at 4.92% with no additional reward component. Over the past seven days, the rate has decreased by 0.11%, while over the last thirty days, it has fallen by 1.30%. This current yield is below the 30-day average of 21.85%.

TVL amounts to $17.75M with no reported change over the past seven days. The primary risk here involves impermanent loss due to the multi-asset nature of the pool, although Kamino’s liquidity management approach aims to mitigate some exposure through its fee structure and trading dynamics.

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.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 0.02%; 30-day mean is 0.28%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 84% confidence based on historical patterns.

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