01:56
Kamino's move to block users from refinancing through Jupiter Lend sparks controversy
ChainCatcher news, according to The Defiant, Solana lending protocol Kamino has faced criticism for blocking users from transferring loans via Jupiter Lend's refinancing tool. Kamino manually blacklisted the on-chain address of Jupiter Lend’s newly launched Refinance tool, preventing users from closing positions through that address.
Kash Dhanda, a core contributor at Jupiter, expressed his dissatisfaction about this on X. Fluid, a DeFi liquidity protocol co-founder Samyak Jain, pointed out that Kamino directly added a checking mechanism to lock users, preventing them from moving to platforms with higher yields.
According to DefiLlama data, the total value locked in Solana’s lending markets is approximately 37

