Kamino Protocol Revenue
Track how Kamino protocol revenue flows to KMNO holders through fees, buybacks, and value accrual mechanisms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
Track how Kamino protocol revenue flows to KMNO holders through fees, buybacks, and value accrual mechanisms.
Key questions and answers about Kamino revenue, fees, and token value accrual
Kamino generated $247.6M in gross revenue from Oct 2023 to Sep 2026 (1058 days), with $50.1M retained as net revenue.
This averages $$234.0K in daily gross revenue across the tracked period.
No, Kamino does not currently burn KMNO tokens. The protocol does not employ a buy-back-and-burn or direct token burn mechanism.
The protocol generates fees from user activity. Kamino's fee revenue currently exceeds its token emissions, indicating a self-sustaining economic model.
In 2026, Kamino generated $40.3M in gross revenue. Of that, $6.1M was retained as protocol revenue (treasury), $34.2M went to supply-side participants (e.g. liquidity providers).
Year-by-year revenue breakdown:
Kamino's gross revenue has decreased by 15.9% over the past 90 days compared to the prior 90-day period, from $15.1M to $12.7M.
