Kamino Finance · interactive mechanism simulation

LPs deposit into CLMM vaults → receive yield-bearing kTokens → kTokens back loans in an elevation group → Multiply loops leverage until a depeg tests the correlation assumption. Edit the parameters and watch the loop respond.
LPs deposit SOL/LST CLMM vault auto-rebalance kToken mint yield-bearing LP receipt K-Lend pool eGroup LTV 90% Elevation group SOL / LST correlated Multiply loop 1 loop Liquidations 0 positions
Deposits simulated
0
Protocol TVL
0.0 M SOL-eq
Multiply positions
0
Pool health
100%
Parameters — edit me
90%
3
12%
1.6/s
Controls

Illustrative simulation. Defaults mirror the researched Kamino mechanism (CLMM vaults minting yield-bearing kTokens, correlated-asset elevation groups enabling ~90% LTV, one-click Multiply looping), but deposit sizes, timing, and the "LST depeg" cascade are simplified for visualization — not live onchain data. Part of The Onchain Experiment Atlas.