Hubble Protocol,?? ?? ??? home of the USDH stablecoin, has launched Kamino Finance: the first concentrated liquidity market maker (CLMM) optimizer of its kind on the Solana blockchain.?
Kamino Finance, launching initially on next-generation decentralized exchange (DEX) Orca, will allow users to earn higher yields in a fully automated way simply by depositing their crypto into vaults linked to Orca’s liquidity “whirlpools.”
Kamino Finance builds on the advantages of CLMMs, which reduce slippage and facilitate larger trades by narrowing the price range at which users provide liquidity.