Kamino integrates with Veda, opening Solana credit markets to embedded Earn products
DeFi & Yields ·
The integration lets Veda vaults draw on Kamino's Solana-native credit markets, giving fintechs, neobanks and exchanges a way to offer embedded yield without building lending infrastructure themselves.
Kamino, a Solana credit market, is now live as a liquidity source inside Veda's onchain yield vaults, according to a post on x.com. The arrangement means partners building on Veda can route user deposits into Kamino's lending markets and surface the resulting yield as a packaged Earn product, rather than integrating separately with individual DeFi protocols. For neobanks and exchanges evaluating whether to offer yield-bearing accounts, the pitch is that Veda handles the vault infrastructure while Kamino supplies the underlying credit market where deposits are actually lent out and generate returns.
The launch extends Kamino's role beyond a single-purpose lending app toward infrastructure other platforms plug into. That shift is consistent with Kamino's separate move to launch an isolated ZEC lending market on Solana, which lets ZEC holders post the asset as collateral and borrow USDC, a signal that Kamino is expanding both the range of assets its markets support and the range of partners it connects to.
The Veda integration also sits inside a broader push to bring more structured, credit-like activity onto Solana. Raydium's introduction of Permissioned AMMs, which let issuers launch KYC-gated assets while retaining control over participant access, and Amundi-backed Spiko's launch on Solana for native minting and redemption of tokenized funds settled through Circle stablecoins, both point to the same trend of regulated or semi-regulated financial products choosing Solana as a settlement layer. Solana's own network capacity is expanding in parallel: a planned 66% increase in the mainnet block compute limit, to 100 million compute units, is set to activate as SIMD-0286 goes live in Epoch 1009, giving the base layer more room to handle the added throughput these products bring.
What remains unclear is which specific fintechs, neobanks or exchanges will be first to deploy embedded Earn products through the Kamino-Veda link, and what fee or yield-sharing terms govern the arrangement. Also unaddressed is how Kamino's credit markets will scale risk management across a growing set of partner integrations and asset types, from ZEC lending to Veda-routed vault liquidity, as more institutional-facing products connect to the same underlying pools.