Kamino Lend TVL Spikes 25% on Snapshot Announcement; Passes MarginFi

Kamino Lend’s TVL has increases 25% in the past hour off of their snapshot/airdrop announcement, making it the #1 Solana Money Market by TVL.

The airdrop is notably different that others in that Kamino points are a linear calculation based on TVL and will accrue 1:1. There is no sybilling for creating numerous wallets and spreading deposits out.


This shift in TVL should be no surprise for the time being as there’s a clear end-date and token coming in April.

Disclosure: deposited in MarginFi & Kamino

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