Kamino Liquidity · Solana

USDG-USDC

Overview

The Kamino Liquidity USDG-USDC pool on Solana is a single-asset stablecoin liquidity position where suppliers earn yield from providing USDC to the protocol. The protocol generates revenue by facilitating swaps and trades against pooled liquidity.

Total APY stands at 7.26%, with no additional reward component. Over the past seven days, the rate has declined slightly by 0.07%, while over thirty days it has dropped by 3.15%. This places the current yield below the 30-day mean of 6.09%.

TVL is at $10.54M with no reported change in the past week. The primary risk here involves impermanent loss exposure due to multi-asset liquidity management, though Kamino's Liquidity Manager protocol aims to mitigate this through strategic asset allocation and rebalancing mechanisms.

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 0.06%; 30-day mean is 0.48%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 94% confidence based on historical patterns.

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