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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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Kamino: USDG took 5 months to become the sixth largest stablecoin in the Solana ecosystem, with a total Circulating Supply of 120 million coins, making it the asset with the highest lending rate on the platform.
According to Mars Finance, Kamino officially stated on the X platform that after 5 months, USDG has become the sixth largest stablecoin in the Solana ecosystem, with a circulating supply of 120 million USD, of which 75 million USD is deployed in Kamino Lend. Kamino rewards over 280,000 USD every month, with over 200,000 USD allocated for lending to promote active use rather than passive deposits. Currently, of the 80 million USD offered, nearly 60 million USD is lent out, making USDG the asset with the highest lending rate on Kamino.