Allez Labs retweeted
The @AllezLabs USDC vault currently allocates more than half of its capital to OnRe Markets on @kamino, with nearly $6M supplied across variable and fixed-rate lending.
Reinsurance-backed collateral powering onchain credit markets.
Reinsurance-backed collateral powering onchain credit markets.
Allez USDC, curated by @AllezLabs, has earned its depositors over $1.5M in interest since it opened on Kamino in April 2025
Borrowers across Kamino's markets pay that interest, against collateral from SOL and BTC to tokenised assets like ONyc and sUSDai
With the vault curator risk-adjusted yield
It goes into the price of every vault share, so each deposit grows as it comes in
Here’s how it works
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Allez Labs retweeted
Allez USDC, curated by @AllezLabs, has earned its depositors over $1.5M in interest since it opened on Kamino in April 2025
Borrowers across Kamino's markets pay that interest, against collateral from SOL and BTC to tokenised assets like ONyc and sUSDai
With the vault curator risk-adjusted yield
It goes into the price of every vault share, so each deposit grows as it comes in
Here’s how it works
Borrowers across Kamino's markets pay that interest, against collateral from SOL and BTC to tokenised assets like ONyc and sUSDai
With the vault curator risk-adjusted yield
It goes into the price of every vault share, so each deposit grows as it comes in
Here’s how it works
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👀 @VenusProtocol's new Spoke Markets allow liquidity to be sourced dynamically from the Venus Liquidity Hub.
The first spoke market - the bStock index - allows for borrowing against QQQB and SYPB
Read more 👇
The first spoke market - the bStock index - allows for borrowing against QQQB and SYPB
Read more 👇
The Venus Liquidity Hub is expanding. 🟣
Introducing Hub-Funded Spoke Markets, specialized lending markets powered by shared liquidity from the Hub.
Instead of every new market relying on isolated liquidity, supported Spokes can access Hub liquidity under defined allocation markets. Deeper capital efficiency.
Explore now 👉 venus.io/#/spoke?chainI…
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Allez Labs retweeted
Over $12M in fixed-rate loans renewed through Auto Rollover this week.
Every loan rolled its full balance into a new 30-day term at the same rate, keeping borrowers' AUTO positions active with no manual refinancing required.
Fixed-rate credit on autopilot.
Every loan rolled its full balance into a new 30-day term at the same rate, keeping borrowers' AUTO positions active with no manual refinancing required.
Fixed-rate credit on autopilot.
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Allez Labs retweeted
Price discovery now happens on @solana
SpaceX reported after the close last night. By morning SPCX had repriced 8% higher onchain
With over $15M of volume, more than double the market open session
Issued by @BackpackOnchain via @sunrise, trading 24/7 on Kamino Swap
Zero fees
SpaceX reported after the close last night. By morning SPCX had repriced 8% higher onchain
With over $15M of volume, more than double the market open session
Issued by @BackpackOnchain via @sunrise, trading 24/7 on Kamino Swap
Zero fees
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Allez Labs retweeted
@EthanDeFi_ry, the distinction I’d make here is between claims being paid and holders losing capital.
ONyc is not a stablecoin. It’s a NAV-based asset whose value moves with underwriting performance and collateral yield.
OnRe’s quoted yield already allows for expected claims through actuarial reserving. Premiums aren’t all treated as profit - there’s a reserve for the claims expected to come through, including losses that have occurred but haven’t been reported yet.
When a fully reserved claim is paid, cash falls but so does the liability already recognised. You don’t take the same loss twice.
The risk is that claims turn out worse than those estimates. That can reduce yield and, if sufficiently severe, principal. Reserving doesn’t eliminate underwriting risk, and leverage amplifies the consequences.
So I agree users need to understand what they’re not looping a stablecoin. But a 2% claim payout doesn’t imply a 2% ONyc NAV loss. The question is how much losses exceed what’s already been allowed for, and how much of that excess the remaining income can absorb.
ONyc is not a stablecoin. It’s a NAV-based asset whose value moves with underwriting performance and collateral yield.
OnRe’s quoted yield already allows for expected claims through actuarial reserving. Premiums aren’t all treated as profit - there’s a reserve for the claims expected to come through, including losses that have occurred but haven’t been reported yet.
When a fully reserved claim is paid, cash falls but so does the liability already recognised. You don’t take the same loss twice.
The risk is that claims turn out worse than those estimates. That can reduce yield and, if sufficiently severe, principal. Reserving doesn’t eliminate underwriting risk, and leverage amplifies the consequences.
So I agree users need to understand what they’re not looping a stablecoin. But a 2% claim payout doesn’t imply a 2% ONyc NAV loss. The question is how much losses exceed what’s already been allowed for, and how much of that excess the remaining income can absorb.
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. @CurrentSUI just had its largest month of growth yet
Supply rose 65% to $124.9M in September, passing $100M for the first time on Sept 21. Debt rose 63% to $67M.
Our September review 👇
Supply rose 65% to $124.9M in September, passing $100M for the first time on Sept 21. Debt rose 63% to $67M.
Our September review 👇
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Stablecoins are now 67.7% of supply.
USDC on the Main market grew 75% to $53.7M.
USDC and usdSUI borrowed against each other total $35.9M of debt, up from $22.4M at the end of August.
USDC on the Main market grew 75% to $53.7M.
USDC and usdSUI borrowed against each other total $35.9M of debt, up from $22.4M at the end of August.
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What we're watching in October →
→ USDC debt at 88% of its new $36M borrow cap
→ sUSN supply at 100% of its cap
→ The largest position near liquidation: $4.41M of debt against $6.44M of USDC, 8.1% price decline from liquidation
→ USDC debt at 88% of its new $36M borrow cap
→ sUSN supply at 100% of its cap
→ The largest position near liquidation: $4.41M of debt against $6.44M of USDC, 8.1% price decline from liquidation
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Allez Labs retweeted
8 stocks from 8 different countries, all issued by @BackpackOnchain and one swap away on @solana
No broker, no minimums, no market hours
From Korea’s SK Hynix to Italy’s Ferrari, native to Solana via @sunrise
Trade them 24/7 with Zero fees and Zero route bias on Kamino Swap
No broker, no minimums, no market hours
From Korea’s SK Hynix to Italy’s Ferrari, native to Solana via @sunrise
Trade them 24/7 with Zero fees and Zero route bias on Kamino Swap
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Monthly @kamino Lend Insights - September 2026
RWA collateral grew 19.1% to $537.8M, now a fifth of all supply.
Total supply rose 4.4% to $2.64B and debt 4.0% to $1.04B, as collateral broadened into real-world assets and USDC borrowing grew.
Continues
RWA collateral grew 19.1% to $537.8M, now a fifth of all supply.
Total supply rose 4.4% to $2.64B and debt 4.0% to $1.04B, as collateral broadened into real-world assets and USDC borrowing grew.
Continues
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Also in September:
→ Rockaway RWA USDC vault nearly tripled to $69.9M
→ Commodity Yield vault reached $50.4M after a $20M capacity raise
→ ZCASH, solmF-ONE and tGBP markets went live
→ OnRe market peaked at $307.5M
→ Rockaway RWA USDC vault nearly tripled to $69.9M
→ Commodity Yield vault reached $50.4M after a $20M capacity raise
→ ZCASH, solmF-ONE and tGBP markets went live
→ OnRe market peaked at $307.5M
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October's watch items: USDC utilization in the SOL/BTC market, which reached 95.1% at month-end with the borrow rate at 15.3%, and early usage of Fixed Rates.
Full report: gov.kamino.finance/t/kamino-lend-…
Capital at risk. Past performance is not indicative of future results.
Full report: gov.kamino.finance/t/kamino-lend-…
Capital at risk. Past performance is not indicative of future results.
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