defirisk.co
rubric v1.7.0

TVL concentration (top-10 wallet share)

Kamino Lend's assessment for RD-F-064 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

No on-chain top-10 depositor scan performed (Solana non-EVM). Gov reports flagged single whale $120M SOL deposit and USDC supply concentration risk. Top-10 share unknown.

Detail #

Kamino is a Solana-native protocol; top-10 depositor concentration requires Solana on-chain tooling not available in this assessment. Governance forum risk reports mention: (1) a single whale depositing $120M of SOL collateral to borrow USDC (Feb 2025 report), (2) USDC supply described as creating 'potential concentration risks that necessitate diversification strategies.' Specific top-10 wallet share percentage not publicly enumerated. Yellow reflects data gap with evidence of meaningful whale concentration.

Sources #

Methodology #

Compute the percentage of protocol TVL held in the top-10 depositor addresses.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol kamino-lend factor RD-F-064 score yellow collected_at 2026-04-30 21:19:16