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Home›Crypto›Market Structure›Kamino launches sUSDai collateral market on Solana

Kamino launches sUSDai collateral market on Solana

The market allows borrowing USDC up to an 80% loan to value, with liquidations beginning at 85%.

Reported · Written up by our desk · Market Structure

Kamino has opened a new collateral market on Solana centered on sUSDai, curated by Allez Labs, according to The Defiant.

The setup allows holders to borrow USDC at loan to value of up to 80%.

Liquidations are set to begin when positions reach 85% loan to value, the outlet said.

Latest closeSolana $116.72 ▲1.5%

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Sources

The DefiantKamino Opens GPU-loan-linked sUSDai Collateral Market on Solana

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