Kamino Launches Fixed-Rate Borrowing for Tokenized Assets; AUTO Market Grows From $10M to $135M in Three Weeks
Kamino launched Kamino Fixed Rates, letting investors borrow against tokenized real-world assets at a rate fixed for a set term, with AUTO as the first supported asset. AUTO, whose holders have exposure to consumer auto-loan financing through Figure's Democratized Prime marketplace, has grown from $10 million to $135 million in three weeks; borrowers took out over $40 million in fixed-rate loans in the first two weeks at rates from 5.3% to 6%.
Key figures
- Max leverage
- 4.5x
- Rwa markets size
- $750 million
- First market rate
- 5.3%
- Auto market growth
- from $10M to $135M in three weeks
- Later market rates
- ["5.75%","6%"]
- Kamino vaults capital
- $500 million
- Cumulative platform volume
- $650 billion
- Fixed rate loans first 72h
- $10 million
- Cumulative loans originated
- $21 billion
- Fixed rate loans first two weeks
- $40 million
AI analysis
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