Solana Lending Protocol Kamino Multiple USDC Markets See Usage Rate Surge

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ME News Report, April 20 (UTC+8), after the KelpDAO rsETH hack incident, the chain reaction of DeFi fund withdrawals has spread from EVM networks to Solana. Currently, the deposit rates and utilization rates of several USDC markets on the mainstream Solana lending protocol Kamino have surged, among which the USDC Reserve of the Prime Market, with a scale of $178 million, has reached 100% utilization; in addition, the utilization rates of multiple vaults such as Staekhouse USDC Vault and RockawayX RWA USDC have risen above 95%. (Source: MLion)
SOL1.61%
KMNO1.13%
USDC-0.01%
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