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Scores/Kamino Finance

Kamino Finance

DAMASCUS

Lending / Yield · Solana · $1B+ TVL · 10 contracts

Confidence 63%Z-Factor 0.72Updated 2026-05-17Public Score

Public risk assessment — scores are produced with the same methodology as monitored protocols

784
BRI Score
3004756508251000

Security Profile

Access Ctrl
72
Economic
72
Oracle
72
Compos.
62
Govern.
48
Maturity
60
Resilience
98
Supply Ch.
75
OpSec
59
Cascade
100
Min
48
Avg
72
Max
100

Audit History

OtterSec
2023-09
Offside Labs
2024-01

Bug Bounty Program

$500,000
Max payout on Immunefi
View Program →

Assessment

Growing Solana lending protocol with moderate maturity. Multiply product adds leveraged composition risk. Oracle dependency on Solana ecosystem (D3=72) and governance centralization (D5=48) drag score. Clean security record helps.

Dimension Breakdown

How scores work →
Access Control
Weight 18%68% conf
72
Good
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+24Lending market creation permissioned by protocol
-28Asset listing controlled by Kamino team/governance
+24Liquidation is permissionless (good)
+24Admin authority for market parameters
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Economic Soundness
Weight 13%68% conf
72
Good
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+24Lending model with interest rate curves
+24Multiply (leveraged yield) adds economic complexity
-28kToken collateral creates recursive risk
+24Liquidation mechanics adapted for Solana's execution model
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Oracle Integrity
Weight 13%70% conf
72
Good
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+18Pyth and Switchboard oracle dependency
+18TWAP-based pricing for certain assets
+18Oracle staleness checks present
+18Solana oracle ecosystem less mature than Ethereum's Chainlink
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Battle-Tested Maturity
Weight 12%65% conf
60
Moderate
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+15Lending product live since early 2024 (~16 months)
+15Evolved from Hubble Protocol (vault strategy)
-40No protocol exploit to date
+15Growing TVL (~$2B) but relatively young lending protocol
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Governance & Upgradeability
Weight 10%65% conf
48
Concerning
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-26KMNO token governance is early stage
+24Protocol parameters largely team-controlled
-26No meaningful timelock on parameter changes
+24Governance structure still being decentralized
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Adversarial Resiliencelock
Weight 10%95% conf
98
Excellent
  • Score derived from continuous adversarial security research
Operational Security
Weight 10%60% conf
59
Moderate
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-10No branch protection detected
+15Active CI/CD (100% success rate)
+15Commit signing: 100% verified
+15Strong PR review culture (83% reviewed)
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Compositional Risk
Weight 5%65% conf
62
Moderate
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+21kTokens composed across Solana DeFi
+21Multiply product creates leveraged composition loops
-38JitoSOL, mSOL, etc. as collateral inherits LST risks
+21Cross-protocol liquidation cascades possible on Solana
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Cascade Exposure
Weight 5%50% conf
100
Excellent
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+50Member of 1 dependency cluster(s)
0No cross-protocol cascade exposure detected
0Score: 100/100 (higher = more isolated from systemic risk)
+50Source: cross_protocol_composition.json dependency analysis
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Supply Chain
Weight 4%72% conf
75
Good
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+19Rust/Anchor framework
+19Solana program library dependencies
+19Oracle client libraries (Pyth, Switchboard)
+19Math libraries for interest rate calculations
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Risk Drivers

Primary risk factors driving this score, ordered by severity.

Governance & Upgradeability48
Operational Security59
Battle-Tested Maturity60

Adversarial Risk Signals

Observable security posture indicators. These signals reflect publicly verifiable information and responsible disclosure outcomes. No specific vulnerability details are exposed.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2023-04-01Z-Factor 0.72010 active dimensionsreceipt_longProvenance Ledger

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

Protocol Slug
"kamino"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("kamino")

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