Solana lending markets
Kamino uses shared reserves on Solana for overcollateralized borrowing and continuous position-health tracking.
Borrow protocol guideBorrow Against
Borrow Against 
Bitcoin on 
Kamino
Learn how Kamino borrowing works on Solana and start a Bitcoin-backed CASH loan while Sats Terminal keeps its normal best-route selection behavior.
Current route coverage
CASH
Kamino is a Solana lending protocol with peer-to-pool reserves and overcollateralized borrowing.
Borrow factors
A debt asset can have a borrow factor that adjusts effective borrowing capacity based on its risk profile.
Variable utilization
Interest accrues continuously and reserve rates respond to utilization. Keep a buffer below the liquidation boundary.
Current browser configuration
Active Sats Terminal routes
Chain
Solana
Bitcoin collateral
cbBTC
Borrow asset
CASH
Protocol guide
What to know about Kamino
Kamino is the Solana protocol used for the supported CASH borrowing route. Its lending markets are overcollateralized, with reserve utilization influencing rates and position-health rules controlling liquidation risk.
01
CASH on Kamino
CASH is the protocol-specific asset combination promoted here. The composer preselects CASH but does not receive a protocol override, so normal quote and route selection remains authoritative.
02
Managing a Kamino position
Interest accrues continuously. Borrow factors can adjust effective debt, and falling collateral value can move the position toward liquidation. Review the live LTV, rate, fees, and received amount before continuing.
Frequently Asked Questions
Yes. Sats Terminal supports a Solana route using cbBTC collateral to borrow CASH through Kamino.
Primary sources
Protocol mechanics are grounded in official documentation. Route availability comes from Sats Terminal's current browser loan configuration and may change.
Explore related borrowing pages
Borrow CASH on Kamino
Borrow CASH against Bitcoin with Kamino. Review supported markets and risks, then compare the best live offers without selling BTC.
Borrow Against Bitcoin on Aave
Compare live Aave Bitcoin-backed loan routes for USDC and USDT. See active chains, understand health factor, and start with the best available offer.
Borrow Against Bitcoin on Morpho
Explore the active Morpho Bitcoin-backed USDC route, isolated-market mechanics, LLTV risk, and alternatives for assets not currently routed through Morpho.
Borrow CASH on Solana Against Bitcoin
Borrow CASH on Solana against your Bitcoin. Compare live Kamino-backed rates, keep self-custody, and receive CASH directly in your wallet.
Compare before you sign