Arkham: Former Multicoin co-founder Kyle is earning interest rate spreads through leveraged circular loans on the Kamino platform

By: rootdata|2026/03/30 20:42:00
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According to Arkham monitoring, former Multicoin co-founder Kyle Samani deposited a total value of $10 million in PRIME into Kamino Finance and used it as collateral to borrow $8,600,000 USDC.

He pays an annualized yield of 39.4% on USDC, but earns an annualized yield of 56.4% on PRIME. Kyle Samani is an experienced user of Solana DeFi.

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