Galaxy Curation Launches New Vaults on Kamino for Solana's Lending Protocol

Galaxy Digital’s curation division, Galaxy Curation, has made a significant move by launching two new vaults on Kamino, marking its entry into the Solana ecosystem. This initiative aims to provide institutional investors with a clear risk framework and yield management options.

The newly introduced Kamino USDT vault targets a moderate-risk profile, strategically spreading liquidity across multiple lending pools instead of concentrating it in a single protocol. This approach is designed to appeal to institutional depositors who prefer a straightforward investment process without the complexities of wrapping or bridging assets.

Kamino has been steadily building a robust institutional layer within the decentralized finance (DeFi) space, currently hosting over 80 active vaults. The platform incorporates security features such as whitelisted reserves to control asset flow through each vault. Notably, Gauntlet, a well-established risk management firm in DeFi, launched two vaults on Kamino in November 2025, managing a total volume exceeding $2 billion across the DeFi landscape.

In addition to Gauntlet, other institutions like Hyperithm and RockawayX have joined the Kamino curator ecosystem, broadening the range of risk appetites and strategies available to depositors. Recent contributions from Binance Wallet users have added $100 million in deposits to Kamino’s vault products, with cumulative deposits reaching hundreds of millions.

Kamino's native token, KMNO, serves as a rewards mechanism for participants in curated vaults, enhancing the overall yield experience for investors.