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 $252.4M in gross revenue from Oct 2023 to Oct 2026 (1087 days), with $50.8M retained as net revenue.
This averages $$232.2K 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 $45.2M in gross revenue. Of that, $6.8M was retained as protocol revenue (treasury), $38.4M went to supply-side participants (e.g. liquidity providers).
Year-by-year revenue breakdown:
Kamino's gross revenue has decreased by 10.7% over the past 90 days compared to the prior 90-day period, from $14.8M to $13.3M.