Kamino launches Fixed Rates product for fixed-term on-chain credit in private beta, with public release planned for Q3 2026.
DeFi & Yields ·
Kamino has introduced Fixed Rates, a product designed to offer fixed-term and fixed-rate credit directly on-chain. The offering is currently in private beta, with a public launch scheduled for Q3 2026.
Fixed-rate lending addresses a structural gap in decentralized finance, where most on-chain credit products expose borrowers to variable rates that fluctuate with market conditions. By locking in both rate and term at origination, Fixed Rates allows users to hedge interest-rate risk and plan repayment schedules with certainty—mechanics that parallel traditional finance but operate through smart contracts rather than intermediaries.
Key details about the mechanics, eligibility criteria for the private beta, initial rate levels, and specific use cases remain unconfirmed. The timeline to public availability also leaves a window of several months during which the product will operate in a limited capacity.