USDC lending market on Kamino

About this market

USDC is a lending market on Kamino (Solana), listed as Nest Market USDC. Depositors supply USDC to the market and earn a variable interest rate paid by borrowers, who post collateral and are liquidated if their loan outgrows the market's limits. The rate floats with utilization — how much of the supplied USDC is borrowed at the time — so the market is used to earn on an idle USDC balance, or to borrow against collateral without selling it.

Protocol

Kamino

Chain

Solana

Asset

USDC

Market

Nest Market USDC

Market type

Single asset

Yield accrual

Variable rate, paid by borrowers