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Kamino is Solana’s largest lending market. From Farm you supply margin-account tokens to Kamino’s main market and receive Kamino receipt tokens (kSOL, kUSDC, kUSDT) that grow as Kamino borrowers pay interest.
Kamino SOL vault page with Supply APY, Borrow APY, Utilization Rate and Total Pool Supply, Position value and Receipt balance, and a Supply panel previewing 10 SOL

Kamino SOL vault page: Supply APY, Borrow APY, utilization and pool size, your position and the Supply panel. Click the image to zoom.

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Supply

1

Open the vault

On Farm → Lending / Single Assets, click SOL, USDC or USDT with the Kamino badge.
2

Enter the amount

In Supply, type an amount or use the % chips. Margin shows what your margin account holds of that token. Need more? Deposit or borrow on Margin first.
3

Read the details

The details box shows the network, your deposit before → after, the Est. receipt received (kSOL…), the APY and projected monthly earnings.
4

Supply

Click Supply SOL to Kamino and approve. The receipt lands in your margin account.

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Withdraw

Switch to Withdraw, choose a percentage of your position and confirm. The receipt is redeemed and the underlying token returns to your margin account. Flash repay also redeems every Kamino receipt automatically.

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The numbers

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Leveraged Kamino

Borrow on Margin, then supply here: you earn Kamino’s supply APY on the borrowed amount and pay Vanna’s borrow APY on it. It’s profitable while Kamino’s supply rate is above Vanna’s borrow rate for that asset. Watch both, since both move with utilization.