By Menno — 13 years in crypto, 3 bear markets survived, zero paid promotions
Last updated: April 2026
Kamino (KMNO) Risk Score
Kamino (KMNO) has a composite risk score of 21/100, classified as Low Risk. This score is derived from 2 active indicators and updates every 6 hours. Solana-native lending, liquidity automation, and multiply strategy protocol offering institutional-grade DeFi tools on the fastest EVM alternative.
Kamino Risk Score
Low Risk
What Does This Score Mean?
A score of 21 means Kamino is in the Low Risk zone. Scores below 40 indicate relatively lower risk conditions, while scores above 60 suggest elevated risk.
This composite is computed from up to 9 indicators including on-chain data, market sentiment, and price action. The individual indicator scores are available to Alpha Factory members.
Scoring Indicators
| Indicator | Weight | Status |
|---|---|---|
| Risk Wave | 23% | Core |
| RSI (2-Week) | 18% | Core |
| ATH Distance | 5% | Core |
| Bitcoin Dominance | 5% | Core |
| Fear & Greed Index | 14% | Core |
| ALT/BTC Ratio | 5% | Core |
| BTC Production Cost | 9% | Core |
| Funding Rate | 5% | Modifier |
| Token Unlocks | 18% | Modifier |
Kamino Investment Context
Kamino has become the dominant lending and leverage protocol on Solana, with over $2B in TVL driven by its Multiply leveraged staking product. As Solana's DeFi ecosystem matures post-FTX, Kamino's multi-product suite creates genuine platform stickiness — users have lending, leverage, and LP automation in one interface. The Multiply product specifically captures the growing liquid staking yield amplification market unique to Solana's MEV-sharing and staking reward environment.
Key Features:
- Kamino Lend provides lending and borrowing of SOL, USDC, mSOL, and other Solana assets with competitive rates
- Multiply feature enables leveraged LST positions (staked SOL) with automated rebalancing to maintain collateral ratio
- K-Lend liquidity mining rewards are distributed proportionally to protocol usage, incentivizing deep market liquidity
- Concentrated liquidity vaults automate CLMM position management on Orca and Raydium, reducing LP management overhead
Key Risks:
- Solana-only positioning creates concentration risk — any Solana network issues directly impact all Kamino products simultaneously
- Leveraged LST positions amplify slashing risk — a major Solana validator incident could cascade through Multiply positions
- KMNO token launch was delayed multiple times, reducing confidence in team execution timelines
DeFi Category
Decentralized Finance tokens power protocols that recreate financial services without traditional intermediaries.
Strategy: DeFi tokens live and die by TVL and real fee revenue. Focus on protocols generating sustainable revenue.
View all DeFi risk scores →Compare with DeFi Peers
| # | Coin | Score |
|---|---|---|
| 1 | Curve DAO CRV | 9 |
| 2 | Ethena ENA | 9 |
| 3 | Injective INJ | 9 |
Frequently Asked Questions
What is the current risk score for Kamino?
Kamino (KMNO) currently has a composite risk score of 21/100, classified as "Low Risk". This score is derived from 2 active indicators including Risk Wave, RSI, and market sentiment data.
How risky is Kamino compared to other DeFi coins?
DeFi coins generally carry high risk. Decentralized Finance tokens power protocols that recreate financial services without traditional intermediaries. Among peers, Curve DAO currently shows the lowest risk in this category.
What indicators are used to score Kamino?
The Kamino risk score uses up to 9 indicators: Risk Wave (momentum), 2-week RSI (overbought/oversold), ATH Distance, Bitcoin Dominance, Fear & Greed Index, ALT/BTC Ratio, BTC Production Cost, Funding Rate, and Token Unlocks. Each indicator is weighted based on its predictive value for altcoin market conditions.
Should I invest in Kamino based on this risk score?
Risk scores are for informational purposes only and do not constitute financial advice. Kamino has become the dominant lending and leverage protocol on Solana, with over $2B in TVL driven by its Multiply leveraged staking product. As Solana's DeFi ecosystem matures post-FTX, Kamino's mul... Always do your own research and consult a financial advisor.