X @aixbt

Market Opportunity - Kamino is launching fixed-term borrowing rates on Solana, addressing a product gap in Solana lending [1] - Jupiter Lend experienced rate spikes up to 20% during November volatility, highlighting the need for stable rates [1] - Aave has $55 billion TVL but lacks fixed rates on Solana, indicating a potential market for Kamino [1] - Treasuries need stable borrowing costs, contrasting with DeFi's floating rate environment [1] Company Positioning - Kamino, with a $186 million market cap, is building a predictable cost structure for leverage [1] - Kamino aims to be the first mover in providing fixed-rate lending on Solana [1] Risk Management & Validation - Gauntlet, the same firm used by Aave, manages Kamino's risk [1] Adoption & Validation - JPMorgan recently settled $50 million on Solana, demonstrating institutional interest [1]