Kamino Finance Increases PYUSD Borrowing Limits to $20 Million

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Increased Borrowing Limit
  2. Stable Borrowing Conditions
  3. Ethena Labs Market


    4. Kamino Finance has announced an increase in the global borrowing cap for PYUSD to $20 million, allowing users to borrow PYUSD using any collateral asset on the platform. This increase is accompanied by stable borrowing conditions.

    Increased Borrowing Limit

    Kamino Finance has raised the global borrowing cap for PYUSD to $20 million. This allows users to borrow PYUSD using any collateral asset they hold on the platform.

    Stable Borrowing Conditions

    PYUSD borrowing on the Kamino platform remains stable even at a utilization rate of up to 80%, ensuring a stable borrowing environment regardless of the loan amount.

    Global $PYUSD borrow caps have just been raised to $20M on Kamino — which means you can use ANY collateral assets to borrow!Kamino Finance (@KaminoFinance)

    Ethena Labs Market

    The PYUSD borrowing cap in the Ethena Labs market has also been raised to $10 million, allowing users to leverage their exposure with USDe and sUSDe. The current PYUSD borrow rate in this market sits at 2.07%.

    The expansion of borrowing caps on the Kamino Finance and Ethena Labs platforms provides users with more borrowing opportunities while maintaining stable and favorable conditions.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Interest Rate Hike and Strong Dollar Could Impact Bitcoin Prices

chest

The potential interest rate hike and a stronger dollar could lead to a price correction for Bitcoin.

user avatarMaria Gutierrez

Kevin Warsh's Hawkish Speech Raises Inflation Concerns

chest

Federal Reserve Chair Kevin Warsh delivered a hawkish speech at the Jackson Hole meeting on August 28, 2026, emphasizing inflation risks and interest rate expectations.

user avatarArif Mukhtar

XRP Set for Potential Gains in September 2026

chest

CoinCodex predicts XRP could reach 150 in September 2026, indicating a potential 10% increase from its current price.

user avatarDavid Robinson

Micron Stock Remains Bullish Amid HBM and DRAM Shortages

chest

Micron's stock forecast remains optimistic due to ongoing shortages in HBM and DRAM supplies, despite some analysts trimming their price targets.

user avatarAndrew Smith

AI Developers Call for Enhanced Cybersecurity Measures

chest

AI developers, including OpenAI and Anthropic, call for enhanced cybersecurity measures to combat the rising threat of AI-enabled cyberattacks on critical infrastructure.

user avatarJacob Williams

Analysts Predict Bitcoin Surge Could Benefit Shiba Inu

chest

Wall Street analysts predict that Bitcoin could reach 100,000 by the end of the year, which may positively impact Shiba Inu's price.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.