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 $255.1M in gross revenue from Oct 2023 to Oct 2026 (1104 days), with $51.1M retained as net revenue.
This averages $$231.1K 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 $47.8M in gross revenue. Of that, $7.1M was retained as protocol revenue (treasury), $40.7M went to supply-side participants (e.g. liquidity providers).
Year-by-year revenue breakdown:
Kamino's gross revenue has decreased by 8.1% over the past 90 days compared to the prior 90-day period, from $14.5M to $13.4M.