AiCoin|12月 04, 2025 02:10
[Kamino Criticized for Blocking Users from Using Jupiter Lend's Refinance Tool]
On December 4, Solana lending protocol Kamino faced criticism for manually blacklisting the on-chain address of Jupiter Lend's newly launched Refinance tool, preventing users from closing positions through this address. Jupiter core contributor Kash Dhanda expressed dissatisfaction on the X platform, while Fluid co-founder Samyak Jain pointed out that Kamino added a verification mechanism to restrict users from switching to platforms with higher yields. According to DefiLlama data, the total value locked (TVL) in Solana's lending market is approximately $3.7 billion, with Kamino accounting for over 60%. However, its TVL has dropped from $3.71 billion in early October to the current $2.33 billion, a decline of about 30% in two months. As of press time, neither party has publicly responded to the matter.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink