KMNO (Kamino Finance) rose 30.45% in the last 24 hours.

Gate News Bot news, on September 18, according to CoinMarketCap data, KMNO (Kamino Finance) is currently priced at $0.09, with a rise of 30.45% in the last 24 hours, reaching a high of $0.09 and a low of $0.06. The current market capitalization is approximately $244 million, an increase of $57 million compared to yesterday.

Kamino Finance is a decentralized finance platform that offers users automated yield opportunities. The platform provides deposit services for a variety of crypto assets, including USDC, SOL, etc., allowing users to earn returns through deposits. Kamino also offers features like liquidity, leverage, and swapping, aiming to provide users with comprehensive DeFi services.

Recent important news about KMNO:

1️⃣ Large-scale capital inflow into the Kamino platform In the past week, there has been a significant transfer of large funds on the Solana network. Two whale wallets transferred a total of 376,076 SOL tokens (worth approximately $80.7 million) from centralized exchanges to the Kamino platform. This massive influx of funds reflects an increased confidence among institutional investors in the Kamino project, while also bringing more liquidity and trading activity to the platform.

2️⃣ KMNO token expands trading range KMNO (Kamino) launched a new trading pair on September 11, 2025. The KMNO-USD trading pair was initiated in specific regions, providing more liquidity and trading opportunities for KMNO. The increase in trading pairs has attracted more market attention and may be one of the important factors driving the recent price rise.

3️⃣ DeFi market demand continues to rise As a decentralized financial platform, Kamino Finance provides automated yield-generating lending pool services. The continuous development of the DeFi market and the increasing demand from users for efficient and secure investment channels have made Kamino's service model attract more user participation, thereby driving the demand and value of the KMNO token.

From a technical perspective, the 30.45% rise in KMNO token over the past 24 hours is directly related to these factors. Large capital inflows and the opening of new trading pairs have stimulated market sentiment, driving short-term price increases. However, investors should remain vigilant about overall market trends and the long-term development prospects of the project.

This message is not intended as investment advice; investors should be aware of market volatility risks.