Solana’s Kamino highlights $4B deposit protections with new security transparency page

25-9-2025 – Kamino, Solana’s largest lending protocol, launched a dedicated security page Wednesday showcasing the comprehensive protections safeguarding over $4 billion in user deposits. The transparency initiative details the protocol’s multi-layered defense system as it maintains its position as the network’s leading money market.

The security framework centers on formal verification partnerships with Certora, which has conducted three separate security assessments for Kamino. The most recent verification of the protocol’s lending vaults in September 2025 found zero critical vulnerabilities. Additionally, Kamino completed an intensive fuzzing campaign with Ackee Blockchain that executed millions of instructions against its smart contracts over several months, identifying no insolvency risks or technical bugs.

Kamino has integrated continuous fuzzing into its standard code review process, complementing an audit history that spans 18 separate security reviews. The protocol has also open-sourced its codebase to enable community scrutiny. These security measures have enabled Kamino to offer advanced features like borrowing against tokenized equities without experiencing bad debt incidents, distinguishing it from competitors in the Solana DeFi ecosystem.

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