This year DeFi was shaken by two big forces: (1) a few huge back to back hacks due to OpSec and (2) the overhang of AI models getting scary good especially at cybersecurity. I’ve always held this belief wrt open source code, but it also applies to systems - you can control the surface area of what is exposed - so you can just simply focus on shrinking it and reinforcing it. We’ve spent huge effort from the beginning of the year, pre DeFi hacks, across every domain of Kamino - cloud, frontend, OpSec, smart contracts, risk, monitoring. Break glass admins, dns monitoring, ai risk aware multisig watch, circuit breakers, internal dashboards. Multi level orchestration for bug finding - pipeline of AI agents looking for bugs, verifying, creating proof of concepts, building report. Lots of this is internal / invisible work, and generally I am strongly against publicly announcing it until it’s fully done. Just before that we went through a full market oracle hardening process that kept us resilient to temporary depegs and provider outages and at the same time through deprecating bad tokens. The work continues with things that are even more exciting and achievable due to the productivity boost that even our most ai-skeptical devs have observed. I have not lost faith in what DeFi should be, and it can be done right, but if done badly it can set us back years.

$BOT is live on Kamino Swap RoboStrategy is a NASDAQ listed fund that invests in leading robotics companies, including private ones normally only accessible to VCs Issued by @backpack securities, available natively on @Solana via @sunrise Trade $BOT with Zero fees now

Kamino's OnRe market is one of the largest RWA markets in DeFi. $160M Market Size. $50M Borrowed. 1.1K Active Loans. Real-world assets scale on Kamino.

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Kamino secures billions in user funds and manages risk and security accordingly. Below, we detail Kamino's full operational security surface and how it stops a malicious change before it ever executes:

Solana is the home of every asset Today that includes PAX Gold $PAXG is live, verified, and ready to trade, issued by @Paxos and available on @Solana via @sunrise Native tokenised gold, tradeable 24/7 on Kamino Swap

The PRIME Market by @HastraFi, backed by home equity loans from Nasdaq-listed @Figure, grew to an all-time high of $630M in market size. Kamino's credit infrastructure is built to scale real-world assets on Solana. Read the full case study below: