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 #
- GovernanceKamino Lend Monthly Risk InsightsKamino Lend Monthly Risk Insights — whale deposit notedretrieved 2026-04-27
Methodology #
Compute the percentage of protocol TVL held in the top-10 depositor addresses.
See the full factor methodology and distribution across all protocols →