KMNO (Kamino Finance) rose 18.84% in the last 24 hours.

Gate News Bot news, on September 12, according to CoinMarketCap data, as of the time of writing, KMNO (Kamino Finance) is currently priced at 0.07 USD, rising 18.84% within the last 24 hours, with a peak of 0.07 USD and a low of 0.05 USD. The current market capitalization is approximately 191 million USD, an increase of 30.3 million USD compared to yesterday.

Kamino Finance is a decentralized finance platform that provides automated yield-generating lending pools. Users can deposit funds on Kamino and earn returns from a selection of lending pools. The platform supports various stablecoins and cryptocurrencies and offers investment strategy options with different risk levels. Kamino Finance is committed to providing users with a simple, secure, and efficient DeFi investment experience.

Important news about KMNO recently:

1️⃣ Large-scale capital inflow into the Kamino platform In the past 24 hours, there has been a significant large-scale fund transfer 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 large influx of funds may reflect increased confidence from institutional investors in the Kamino project, and it could also bring more liquidity and trading activity to the platform.

2️⃣ KMNO token is about to expand its trading range KMNO (Kamino) will launch a new trading pair on September 11, 2025. At that time, the KMNO-USD trading pair will be launched in specific regions, which will provide more liquidity and trading opportunities for KMNO. The increase in trading pairs usually brings more market attention and potential price fluctuations.

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

From a technical perspective, the 18.84% rise of the KMNO token in the past 24 hours may be directly related to these factors. Large capital inflows and the upcoming launch of new trading pairs may have stimulated market sentiment, driving short-term price increases. However, investors still need to closely monitor the overall market trend 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.