Solana's Kamino Gains Momentum as Coinbase Greenlights DeFi Expansion

Coinbase has announced that Kamino (KMNO), a digital asset native to the Solana blockchain, will be added to its listing roadmap, signaling increased institutional and retail interest in the project. This move reflects broader adoption trends in the decentralized finance (DeFi) sector, particularly in platforms offering yield generation and lending services. According to the latest data from CoinGecko, as of September 9, 2025, one KMNO token is valued at approximately 0.00001322 Ether (ETH), marking a 2.9% increase from the previous day. The 24-hour trading volume for KMNO has reached 4,429.0490 ETH, highlighting a surge in activity across crypto exchanges.

Kamino’s market capitalization currently stands at 36,279.0664 ETH, with a fully diluted valuation (FDV) of 132,186.7746 ETH, based on the project's max supply of 10 billion tokens. The circulating supply of KMNO is estimated at 2.744 billion tokens, representing approximately 27.4% of the maximum supply. Analysts and investors have been closely monitoring Kamino’s performance, particularly in relation to its total value locked (TVL), which has historically been a key metric for DeFi platforms. As of the latest data, the market cap to TVL ratio stands at 0.05, indicating that the market capitalization is significantly lower than the total value locked in the platform.

The price of Kamino has shown steady growth over the past seven days, with a cumulative increase of 5.3% since September 2, 2025. Over the last 30 days, the token has gained 6.1%, outpacing the broader cryptocurrency market, which has seen a slight decline. This upward trajectory has drawn attention from both retail traders and institutional investors, particularly as Coinbase’s inclusion of KMNO on its listing roadmap suggests a potential for increased liquidity and visibility. The addition to Coinbase also aligns with the platform’s broader strategy of expanding its DeFi offerings to attract a growing segment of crypto users interested in yield farming and lending protocols.

The inclusion of KMNO on Coinbase’s listing roadmap also highlights the project’s growing influence within the Solana ecosystem. Kamino has been positioned as a key player in the DeFi space, offering users opportunities to earn interest on their crypto holdings and access decentralized lending services. Recent articles on CoinGecko have highlighted Kamino’s integration with popular DeFi platforms and its performance relative to other top Solana-based projects. The token’s historical performance is another point of interest, with the all-time high for KMNO reaching 0.00006344 ETH, a level that has yet to be surpassed in recent trading sessions.

In summary, Coinbase’s decision to add Kamino to its listing roadmap reflects the project’s growing relevance in the DeFi sector and its potential for further growth. The current market data indicates strong performance metrics, including rising trading volumes and a favorable trend in price appreciation. As Coinbase prepares to facilitate the listing, investors and analysts will be watching for further developments that could shape the token’s trajectory in the months ahead.