Kamino ecosystem native token $KMNO got off to a strong start this week, gaining around 15% in total. Dense liquidation clusters on both the long and short sides suggest that short-term volatility may intensify.
According to DeFiLlama data, the Kamino protocol’s total value locked (TVL) rose by $21 million in a single day to approximately $1.383 billion, providing fundamental support for the rally. However, this increase may also reflect appreciation in the value of deposited tokens and does not necessarily indicate new capital inflows.
Conditions in the derivatives market have also improved: the weighted funding rate rebounded from -0.0044% to +0.0008%, indicating a slight tilt toward bullish sentiment. If the rally continues, the liquidation cluster above could be the next target; if prices retreat, the cluster below also poses a pullback risk.
(Source: AMBCrypto)
#KMNO #DeFi
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.
According to DeFiLlama data, the Kamino protocol’s total value locked (TVL) rose by $21 million in a single day to approximately $1.383 billion, providing fundamental support for the rally. However, this increase may also reflect appreciation in the value of deposited tokens and does not necessarily indicate new capital inflows.
Conditions in the derivatives market have also improved: the weighted funding rate rebounded from -0.0044% to +0.0008%, indicating a slight tilt toward bullish sentiment. If the rally continues, the liquidation cluster above could be the next target; if prices retreat, the cluster below also poses a pullback risk.
(Source: AMBCrypto)
#KMNO #DeFi
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; please exercise caution.