Will this page force Kamino in the loan composer?

No. It carries the asset, amount, and LTV only. Protocol selection continues using the normal best eligible offer.

What Bitcoin collateral is used for CASH loans?

The active Kamino route uses cbBTC depending on the market.

Can the borrow rate change after I open a loan?

Yes. DeFi borrowing rates are generally variable and can move with market utilization. Interest also increases debt over time, so monitor the position and keep a liquidation buffer.

Protocol and asset guide

Borrow CASH on Kamino

Borrow CASH against Bitcoin with Kamino. Review supported markets and risks, then compare the best live offers without selling BTC.

Get a loan Learn More

CASH is available through Kamino

Sats Terminal currently checks cbBTC/CASH on Solana. The composer still compares every eligible offer and does not force a protocol.

Kamino CASH Bitcoin-backed borrowing illustration

Try a loan amount

Estimate a CASH loan against Bitcoin

Kamino is currently one eligible route for this asset. Your amount, asset, and LTV carry into the composer, while protocol selection keeps its normal best-route behavior.

Desired loan amount

CASH

Estimated Bitcoin collateral at 50% LTV

BTC

50% LTV

Estimate only. The live quote includes current price, market terms, and route fees.

Loan-to-Value (LTV)

Low Risk

No protocol override is sent.

Compare live offers

Current browser configuration

CASH markets currently checked for Kamino

Chain

Solana

Bitcoin collateral

cbBTC

Borrow asset

CASH

Know the mechanism

How Kamino borrowing differs

Solana lending markets

Kamino uses shared reserves on Solana for overcollateralized borrowing and continuous position-health tracking.

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.

Protocol guide

What to know about Kamino

CASH and Bitcoin collateral are available in the current Kamino route shown above. Market rates and liquidity are variable, so Sats Terminal requests fresh offers for your amount rather than publishing a rate that can go stale.

What happens after you continue

Your CASH choice, amount, and LTV move into the homepage loan composer. Sats Terminal compares eligible routes and keeps the normal best-offer behavior. This page does not silently lock the protocol.

What to review before borrowing

Check the live rate, collateral amount, fees, amount received, and liquidation buffer. An open-term DeFi loan has no fixed repayment date, but interest accrues and the position can be liquidated if collateral no longer supports the debt.

Frequently Asked Questions

Yes. The current browser route includes cbBTC/CASH on Solana. Live quote availability still depends on your amount and current market conditions.

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 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.

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

Use a live quote for the final rate, route, and liquidation terms.

Browse borrow assets