Kamino Institutional Commodity Yield(kicUSDC)

Onchain AUM$53.07m

Onchain AUM by chain

Solana$53.07m

Key Metrics

Active AUM$53.07m

Solana$53.07m

DeFi Active TVL$0

Net Flows 7d

Net Flows 30d

kicUSDC Price$1.02

Chains1

Kamino Institutional Commodity Yield(kicUSDC)
Onchain AUM$53.07m

Onchain AUM by chain

Solana$53.07m

Key Metrics

Active AUM$53.07m

Solana$53.07m

DeFi Active TVL$0

Net Flows 7d

Net Flows 30d

kicUSDC Price$1.02

Chains1

Token properties

Asset ClassTrade Finance
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformKamino Institutional

Classification

RedeemableIndicates whether the token can be redeemed for underlying assets

TransferableIndicates whether the token can be transferred freely between on chain addresses

Self CustodyIndicates whether the token can be held in a user controlled wallet

AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing

Asset information

IssuerKamino Institutional Yield SPV

Registry InformationCayman Islands; the commodity lending operation is approved and supervised by the Cayman Islands Monetary Authority (CIMA). Kamino's public docs describe the vehicle only as the "Institutional Yield SPV" and do not name the registered entity or give a registry number (checked 2026-09-30).

Sourcehttps://kamino.com/docs/products/institutional-yield/structure

Notes

  • kicUSDC is the NAV-accruing share token of Kamino's Institutional Commodity Yield vault on Solana. USDC deposits are lent, via an SPV, as short-tenor (1-3 month) loans to corporates and commodity traders, secured by physical commodity inventory or 1:1 escrowed cash with cargo insured in transit
  • roughly 93% of capital is deployed off-chain and the rest is held as an on-chain liquidity buffer. Yield accrues through share price appreciation rather than a rebase, and withdrawals are served from the buffer first, then from a FIFO queue as loans mature. The on-chain SPL mint symbol is kV-KICUSDC
  • Kamino's own UI and adapters call it kicUSDC.

DeFi Yield Opportunities (1)

Pool
Reference
Protocol
Chain
30d Trend
1kicUSDCKamino Inst Commodity Yield USDCUSDCLogo of Kamino LendKamino Lend
Logo of Solana
$53.07m7.95%Stable 9732

Chains

Solana

Primary