15d ago· 22 JunRelease

Debt Swaps

Low4.0

◆ Description

Debt Swaps go live across Kamino multi-debt markets and Kamino Multiply. The feature lets users migrate borrow positions or Multiply pairs in a single transaction without manually unwinding.

◆ Why it matters

This puts a live usability upgrade into Kamino's lending and leverage flows, cutting the friction of moving debt positions and Multiply pairs. That can lift engagement in those products and marginally support protocol activity, but it stays a contained feature update rather than a broader repricing event for KMNO.