Unlock Schedule
Kamino (KMNO) Token Unlock & Vesting Schedule
As of October 29, 2026, 5.86 billion of the 10 billion KMNO (58.64%) have been released. The remaining 1.33 billion KMNO, all estimated, come from Key Stakeholders & Advisors and Core Contributors and are worth about $51.37 million at today's price (22.65% of the market cap). Today's release is an estimated 7.24 million KMNO from Core Contributors and Key Stakeholders & Advisors. KMNO is fully unlocked in May 2027; after that date the schedule has no further dated releases.
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Supply and distribution
KMNO has a total supply of 10 billion tokens on Solana. Kamino’s published distribution assigns 35% to community programs and grants, 35% to key stakeholders and advisers, 20% to core contributors, and 10% to liquidity and treasury purposes. The original allocation to platform participants amounted to 7.5% of total supply and came from the community portion. The stakeholder and contributor allocations have a 12-month lockup followed by 24-month linear vesting. (kamino.com)
Governance is a central use for KMNO. Kamino has described token-holder participation in proposals as a way for its community to help guide the protocol. KMNO also plays a role in incentives: Kamino has distributed tokens through user reward seasons, and staking KMNO has been used to increase eligible rewards. The details of those programs vary by season, so the lasting point is the token’s role in linking participation with activity on the platform. (gov.kamino.finance)
A lending-vault share, a liquidity-vault kToken, and KMNO each represent something different. Vault shares and kTokens are tied to deposits in particular products. KMNO is the platform’s native token for governance and incentives. (kamino.com)
Upcoming KMNO Releases
| Period | Allocation | Type | Amount | Value | % of supply |
|---|---|---|---|---|---|
| Oct 29 – 31, 2026 | Key Stakeholders & Advisors | Vesting, estimated | 13.8M | $533K | 0.14% |
| Core Contributors | Vesting, estimated | 7.9M | $304.6K | 0.08% | |
| Nov 2026 | Key Stakeholders & Advisors | Vesting, estimated | 138.2M | $5.3M | 1.38% |
| Core Contributors | Vesting, estimated | 78.9M | $3M | 0.79% | |
| Dec 2026 | Key Stakeholders & Advisors | Vesting, estimated | 142.8M | $5.5M | 1.43% |
| Core Contributors | Vesting, estimated | 81.6M | $3.1M | 0.82% | |
| Total, next 12 months | 1.3B | $51.4M | 13.32% | ||
Values at $0.039 per KMNO (October 29, 2026), today's price, not a forecast. Estimated amounts are modeled from the schedule's rules rather than dated by a source; see the Assumptions below. Releases without dates are listed under Allocations.
Assumptions
KMNO has a reported 10-billion-token cap, with major stakeholder and contributor allocations described as vesting after a one-year lock. Kamino dates the opening of its Genesis, Season 2 and Season 3 community distributions, while later seasons use rewards that depend on earning, vesting and recipient claims. Community-grant and treasury spending dates remain unresolved, as do exact releases within the vested reward seasons. The chart can show the dated claim openings and an estimated insider-vesting path; it should keep undated budgets and the separately modeled initial token creation distinct.
- Community & Grants reserve: Releases depend on future governance or treasury decisions.
- Liquidity & Treasury: The sources give the amount but no release dates.
- Season 4 vested product rewards: Releases depend on recipients claiming tokens or on grants being awarded.
- Season 4 vested product rewards: The sources give the amount but no release dates.
- Season 4 CASH Earn first-month rewards: Releases depend on recipients claiming tokens or on grants being awarded.
- Season 5 vested product rewards: Releases depend on recipients claiming tokens or on grants being awarded.
- 1. https://app.tokenomics.com/tokenomics/kamino
- 2. https://www.kucoin.com/announcement/tr-kamino-finance-kmno-gets-listed-on-kucoin-world-premiere
- 3. https://gov.kamino.finance/t/kamino-season-2-distribution/23
- 4. https://gov.kamino.finance/t/kamino-season-3-distribution/557
- 5. https://gov.kamino.finance/t/kamino-season-4-introduction-season-3-claim/726
- 6. https://gov.kamino.finance/t/introducing-kamino-season-4/823
- 7. https://gov.kamino.finance/t/kamino-season-4-vesting-retrospective/857
- 8. https://kamino.com/season4
- 9. https://gov.kamino.finance/t/introducing-kamino-season-5/854
- 10. https://gov.kamino.finance/t/introducing-cash-growth-initiative/842
- 11. https://solscan.io/token/KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 2 markets on Binance and OKX · $4M open interest
 Binance (CEX) | 1.2M | 166K/143K |
 Bybit (CEX) | 388K | 134K/114K |
 OKX (CEX) | 305K | 156K/136K |
 Coinbase (CEX) | 297K | 162K/143K |
 Orca (Avalanche) | 130K | 5.4K/5.4K |
 KuCoin (CEX) | 117K | 101K/81K |
Binance (CEX) | 115K | 132K/131K |
 Gate.io (CEX) | 105K | 197K/216K |
 MEXC (CEX) | 57K | 82K/26K |
MEXC (CEX) | 55K | 9.8K/11K |
 Meteora (Solana) | 40K | 2.6K/2.6K |
 Bitget (CEX) | 33K | 26K/26K |
 Kraken (CEX) | 12K | 54K/77K |
 Raydium (Solana) | 5K | 621/619 |
OKX (CEX) | 4.2K | 4.9K/5.4K |
Kraken (CEX) | 1.8K | 9K/19K |
OKX (CEX) | 1.1K | 5.6K/6.3K |
Meteora (Solana) | 217 | 109/108 |
Orca (Avalanche) | 107 | 46/46 |
Meteora (Solana) | 70 | 25/25 |
Orca (Avalanche) | 3.6 | 192/192 |
Orca (Avalanche) | 1.6 | 59/59 |
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Not yet scheduled: 2,804,722,054.132 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.
Description
#165
Kamino is a decentralized finance platform focused on automated liquidity provision and yield farming strategies on the Solana blockchain. It aims to optimize returns for users through efficient liquidity management and innovative financial products.
| Sector: | Lending |
| Blockchain: | Solana |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 2 markets on Binance and OKX · $4M open interest
Binance (CEX) | 1.2M | 166K/143K |
Bybit (CEX) | 388K | 134K/114K |
OKX (CEX) | 305K | 156K/136K |
Coinbase (CEX) | 297K | 162K/143K |
Orca (Avalanche) | 130K | 5.4K/5.4K |
KuCoin (CEX) | 117K | 101K/81K |
Binance (CEX) | 115K | 132K/131K |
Gate.io (CEX) | 105K | 197K/216K |
MEXC (CEX) | 57K | 82K/26K |
MEXC (CEX) | 55K | 9.8K/11K |
Meteora (Solana) | 40K | 2.6K/2.6K |
Bitget (CEX) | 33K | 26K/26K |
Kraken (CEX) | 12K | 54K/77K |
Raydium (Solana) | 5K | 621/619 |
OKX (CEX) | 4.2K | 4.9K/5.4K |
Kraken (CEX) | 1.8K | 9K/19K |
OKX (CEX) | 1.1K | 5.6K/6.3K |
Meteora (Solana) | 217 | 109/108 |
Orca (Avalanche) | 107 | 46/46 |
Meteora (Solana) | 70 | 25/25 |
Orca (Avalanche) | 3.6 | 192/192 |
Orca (Avalanche) | 1.6 | 59/59 |