# Kamino Docs ## Hub - [Kamino Portal](https://docs.kamino.finance/kamino-portal): Automated products powered by secure DeFi primitives - [Kamino Lend Litepaper](https://docs.kamino.finance/kamino-lend-litepaper): As published in October 2023 - [Overview](https://docs.kamino.finance/products/overview) - [Multiply](https://docs.kamino.finance/products/multiply) - [How It Works](https://docs.kamino.finance/products/multiply/how-it-works) - [Opening a Position](https://docs.kamino.finance/products/multiply/opening-a-position) - [Managing a Position](https://docs.kamino.finance/products/multiply/managing-a-position) - [Unwinding a Position](https://docs.kamino.finance/products/multiply/unwinding-a-position) - [Unwinding SOL Multiply](https://docs.kamino.finance/products/multiply/unwinding-a-position/unwinding-sol-multiply) - [Unwinding JLP Multiply](https://docs.kamino.finance/products/multiply/unwinding-a-position/unwinding-jlp-multiply) - [Risks](https://docs.kamino.finance/products/multiply/risks) - [Managing Risk](https://docs.kamino.finance/products/multiply/managing-risk) - [Borrow/Lend](https://docs.kamino.finance/products/borrow-lend) - [Position Risk & Liquidations](https://docs.kamino.finance/products/borrow-lend/position-risk-and-liquidations) - [Position Risk](https://docs.kamino.finance/products/borrow-lend/position-risk-and-liquidations/position-risk) - [Borrow Factors](https://docs.kamino.finance/products/borrow-lend/position-risk-and-liquidations/borrow-factors) - [Fees](https://docs.kamino.finance/products/borrow-lend/fees): Coming Soon... - [Cross & Isolated Modes](https://docs.kamino.finance/products/borrow-lend/cross-and-isolated-modes) - [Supplying Assets](https://docs.kamino.finance/products/borrow-lend/supplying-assets) - [Borrowing Assets](https://docs.kamino.finance/products/borrow-lend/borrowing-assets) - [Long/Short](https://docs.kamino.finance/products/long-short): Coming Soon... - [Liquidity](https://docs.kamino.finance/products/liquidity) - [Using Squads](https://docs.kamino.finance/products/using-squads) - [Token Info](https://docs.kamino.finance/kmno/token-info) - [Staking](https://docs.kamino.finance/kmno/staking) - [Points](https://docs.kamino.finance/kmno/points) - [Rates & Boosts](https://docs.kamino.finance/kmno/points/rates-and-boosts) - [Seasons](https://docs.kamino.finance/kmno/points/seasons) - [Season 1](https://docs.kamino.finance/kmno/points/seasons/season-1): Welcome to Kamino Points: Season 1 - [Season 2](https://docs.kamino.finance/kmno/points/seasons/season-2) - [SDK & Smart Contracts](https://docs.kamino.finance/build-on-kamino/sdk-and-smart-contracts) - [Developer Documentation](https://docs.kamino.finance/build-on-kamino/developer-documentation): Coming Soon... - [Bug Bounty](https://docs.kamino.finance/build-on-kamino/bug-bounty) - [Brand Assets](https://docs.kamino.finance/build-on-kamino/brand-assets) ## Risk - [Kamino Lend](https://docs.kamino.finance/risk/kamino-lend) - [Oracles](https://docs.kamino.finance/risk/oracles) - [LST Oracles](https://docs.kamino.finance/risk/oracles/lst-oracles) - [Risk Assessment Framework](https://docs.kamino.finance/risk/risk-assessment-framework) - [Introduction](https://docs.kamino.finance/risk/liquidity-risk/introduction) - [Interest Rates](https://docs.kamino.finance/risk/liquidity-risk/interest-rates) - [Introduction](https://docs.kamino.finance/risk/insolvency-risk/introduction) - [Asset Risk Framework](https://docs.kamino.finance/risk/insolvency-risk/asset-risk-framework) - [Oracle Pricing](https://docs.kamino.finance/risk/insolvency-risk/asset-risk-framework/oracle-pricing) - [Smart Contract Risk](https://docs.kamino.finance/risk/insolvency-risk/asset-risk-framework/smart-contract-risk) - [Depeg Risk](https://docs.kamino.finance/risk/insolvency-risk/asset-risk-framework/depeg-risk) - [Counterparty Risk](https://docs.kamino.finance/risk/insolvency-risk/asset-risk-framework/counterparty-risk) - [Market Risk](https://docs.kamino.finance/risk/insolvency-risk/market-risk) - [Token Volatility](https://docs.kamino.finance/risk/insolvency-risk/market-risk/token-volatility) - [Token Liquidity](https://docs.kamino.finance/risk/insolvency-risk/market-risk/token-liquidity) - [Trading Volumes](https://docs.kamino.finance/risk/insolvency-risk/market-risk/trading-volumes) - [Price Impact Analysis](https://docs.kamino.finance/risk/insolvency-risk/market-risk/price-impact-analysis) - [Price Resilience Analysis](https://docs.kamino.finance/risk/insolvency-risk/market-risk/price-resilience-analysis) - [Market Capitalization](https://docs.kamino.finance/risk/insolvency-risk/market-risk/market-capitalization) - [Relation to Other Tokens](https://docs.kamino.finance/risk/insolvency-risk/market-risk/relation-to-other-tokens) - [Automated Deleverage](https://docs.kamino.finance/risk/protocol-mechanisms/automated-deleverage) - [Daily Caps](https://docs.kamino.finance/risk/protocol-mechanisms/daily-caps) - [E-Mode Caps](https://docs.kamino.finance/risk/protocol-mechanisms/e-mode-caps) - [Insurance Fund](https://docs.kamino.finance/risk/insurance-fund) ## Automated Liquidity - [Introduction](https://docs.kamino.finance/automated-liquidity/introduction) - [CLMMs and Kamino](https://docs.kamino.finance/automated-liquidity/clmms-and-kamino): CLMMs have changed the DEX landscape by solving the issues of inefficient liquidity. - [Liquidity Vault Overview](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/liquidity-vault-overview): Kamino has three automation components that enable a seamless yield experience - [Auto-swap](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/liquidity-vault-overview/auto-swap): Automatically swap tokens for seamless deposits and withdrawals - [Auto-compound](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/liquidity-vault-overview/auto-compound): Kamino auto-compounds all your DEX earnings right back into your position - [Auto-rebalance](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/liquidity-vault-overview/auto-rebalance): Position ranges and management can be complex. Kamino takes care of it. - [Yield & APYs](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/yield-and-apys): Kamino produces yield from volume across the Solana ecosystem - [Ranges & Rebalancing](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/ranges-and-rebalancing): Ranges in a CLMM can be a tough nut to crack. Kamino does it for you. - [Fees](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/fees) - [kTokens](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/ktokens) - [Vault Strategies](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/vault-strategies): Kamino provides a strategy for every market condition and risk profile - [SOL-only Strategies](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/vault-strategies/sol-only-strategies): Earn dual yield, while maintaining single-sided exposure to the SOL price - [Stablecoin Strategies](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/vault-strategies/stablecoin-strategies): Stablecoin vaults deliver USD yield via stablecoin trading volume - [Mixed Strategies](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/vault-strategies/mixed-strategies): Earn degen yields while taking higher market risk on different assets - [Volatile - Volatile Strategies](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/vault-strategies/mixed-strategies/volatile-volatile-strategies): Earn high yields on volatile pairs that can diverge in price - [Volatile - Stable Strategies](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/vault-strategies/mixed-strategies/volatile-stable-strategies): Earn high yields by pairing a volatile asset to a stablecoin - [Creator Vaults](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/creator-vaults): This page will explain Kamino's permissionless vault primitive. - [Step 1: Core Setup](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/creator-vaults/step-1-core-setup): This page covers the core setup of your vault - [Step 2: Strategy Setup](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/creator-vaults/step-2-strategy-setup): This page explores how you can tailor your Creator Vault strategy - [Strategy Simulator](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/creator-vaults/strategy-simulator): This page covers Kamino's live strategy simulator software - [Creator Strategies](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/creator-vaults/creator-strategies): Select a strategy and customize it to your liking. - [Fixed Range](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/creator-vaults/creator-strategies/fixed-range): Market Make with no rebalancing - [Tracker](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/creator-vaults/creator-strategies/tracker): Always earn fees with automated rebalancing - [Rebalancing](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/creator-vaults/rebalancing): Rebalancing process for creator - [Private Vaults](https://docs.kamino.finance/automated-liquidity/liquidity-vaults/private-vaults) - [Overview](https://docs.kamino.finance/automated-liquidity/farms-and-locked-liquidity/overview) - [JTO Liquidity Program](https://docs.kamino.finance/automated-liquidity/farms-and-locked-liquidity/jto-liquidity-program) - [bSOL Liquidity Program](https://docs.kamino.finance/automated-liquidity/farms-and-locked-liquidity/bsol-liquidity-program) - [Staking Your kTokens](https://docs.kamino.finance/automated-liquidity/farms-and-locked-liquidity/staking-your-ktokens) - [Risks & Technical](https://docs.kamino.finance/automated-liquidity/security-and-risks/risks-and-technical) - [Impermanent Loss](https://docs.kamino.finance/automated-liquidity/security-and-risks/risks-and-technical/impermanent-loss): The risks of impermanent loss in automated market making - [Depeg Events](https://docs.kamino.finance/automated-liquidity/security-and-risks/risks-and-technical/depeg-events): Pegged tokens are meant to remain tied to an underlying value. What happens if it loses that peg? - [Oracles](https://docs.kamino.finance/automated-liquidity/security-and-risks/risks-and-technical/oracles): Kamino uses numerous oracle security measures to increase resilience - [Deposit & Withdrawal Limits](https://docs.kamino.finance/automated-liquidity/security-and-risks/deposit-and-withdrawal-limits): Limits that protect users from potential bad actors on the platform - [Security Audits](https://docs.kamino.finance/automated-liquidity/security-and-risks/security-audits): Kamino takes every precaution available to protect users’ funds. Find our latest audits here.