Share this article
Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch
Solana's SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino.
Updated Mar 8, 2024, 6:24 p.m. Published Dec 7, 2023, 10:24 p.m.
Solana's [SOL] fastest-growing decentralized finance protocol, Kamino Finance, will shortly launch a points program, a contributor said Thursday, a move that sets the stage for a future token airdrop.
The points program could further juice growth in what's already become the star of Solana's recent bounceback. Its SOL token has more than tripled since mid-October as DeFi traders return to Solana's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"Kamino's about to start a points program," a contributor to the project with the screen name Marky said in a Twitter Spaces Thursday. This "could well account towards a future token."
The nature of Kamino's points program hasn't yet been revealed. Kamino project lead Marius George Ciubotariu did not return a request for comment.
Solana protocols this year have taken to gamifying their usage and rewarding their most loyal clients with points. Many traders expect these points will help determine future airdrop allocations and thus plan out their trading and staking and yield farming strategies to maximize their upside.
Read more: Solana Tokens or: How I Learned to Stop Worrying and Love the Points
That was the case with Thursday's JTO airdrop by Jito, a Solana-based liquid staking token protocol. Over 80% of the JTO tokens earmarked for the current distribution round are going to early protocol users depending on how many Jito points they accrued.
Kamino runs vault products that seek to maximize yields for depositors who want to provide liquidity to various Solana-based DeFi trading venues. It also is building a borrow-and-lend facility.
Its total value locked (a measurement of all the cryptocurrencies held on the platform) has grown 257% in a month, the most among Solana-based protocols with a TVL over $10 million. Kamino's TVL sat at nearly $50 million Thursday.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
