Kamino launches ZEC borrowing on Solana with up to 1.6x exposure

  • Kamino opened an isolated ZEC borrowing market on Solana, curated by AllezLabs.
  • Users can borrow USDC against ZEC or access up to 1.6x exposure.
  • ZEC first became tradable on Kamino Swap in late October 2025.

Kamino Finance has opened an isolated ZEC borrowing market on Solana, allowing users to borrow USDC against the bridged version of Zcash’s native token. The market was curated by AllezLabs and supports ZEC Multiply, which can provide up to 1.6x exposure by repeatedly borrowing USDC, converting it to ZEC and redepositing the asset. Kamino brings ZEC to Solana through NEAR Intents and OmniBridge after first listing it on Kamino Swap in late October 2025. The isolated structure enables market-specific risk parameters while containing potential losses, and follows Kamino’s earlier PAXG market launch around July 27, 2026. The broader platform handles billions in aggregate market size, while specific ZEC-market figures and expert commentary have not been disclosed.

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