> ## Documentation Index
> Fetch the complete documentation index at: https://kamino.com/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Products

> Every Kamino product, explained and documented.

<div id="products-page">
  <div className="w-full max-w-[960px] mx-auto px-6 sm:px-12 pb-10 sm:pb-14">
    <div className="mb-12 sm:mb-16 pt-4 sm:pt-6">
      <div className="products-hero">
        <img src="https://mintcdn.com/kamino-3d73a151/wADNksI7oget4gqs/images/borrow/kamino-dots.svg?fit=max&auto=format&n=wADNksI7oget4gqs&q=85&s=71e8a7b14234a4ab2271754603e62861" alt="" className="products-hero-dots" width="101" height="474" data-path="images/borrow/kamino-dots.svg" />

        <h1 className="relative text-2xl sm:text-3xl font-semibold text-gray-900 dark:text-gray-100 leading-[1.2]">
          Every Kamino product,<br />explained and documented
        </h1>
      </div>
    </div>

    <div className="mb-4">
      <h2 className="text-2xl font-semibold text-gray-900 dark:text-gray-100 mb-1">Earn</h2>
      <p className="text-gray-600 dark:text-gray-400">Grow your assets with managed, automated yield.</p>
    </div>

    <div className="grid grid-cols-1 sm:grid-cols-2 gap-4">
      <a href="/docs/products/lending-vaults" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="vault" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Lending Vaults</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Single-token managed yield aggregation across Kamino's lending markets.</p>
        </div>
      </a>

      <a href="/docs/products/liquidity" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="droplet" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Liquidity</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Automated concentrated liquidity vaults for Solana DEX pools.</p>
        </div>
      </a>

      <a href="/docs/products/institutional-yield" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="briefcase" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Institutional Yield</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Generate returns via regulated lending operations to institutional borrowers.</p>
        </div>
      </a>
    </div>

    <div className="mt-12 mb-4">
      <h2 className="text-2xl font-semibold text-gray-900 dark:text-gray-100 mb-1">Borrow</h2>
      <p className="text-gray-600 dark:text-gray-400">Borrow against your assets, at variable or fixed rates.</p>
    </div>

    <div className="grid grid-cols-1 sm:grid-cols-2 gap-4">
      <a href="/docs/products/borrow" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="coins" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Borrow</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Kamino's peer-to-pool lending market on Solana.</p>
        </div>
      </a>

      <a href="/docs/products/borrow/fixed-rates" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="crosshairs" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Fixed Rates</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Rate certainty, term structure, and price discovery for borrowing.</p>
        </div>
      </a>

      <a href="/docs/products/borrow/borrow-orders" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="clock" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Borrow Orders</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Standing borrow orders that fill automatically as liquidity becomes available.</p>
        </div>
      </a>
    </div>

    <div className="mt-12 mb-4">
      <h2 className="text-2xl font-semibold text-gray-900 dark:text-gray-100 mb-1">Multiply</h2>
      <p className="text-gray-600 dark:text-gray-400">Open leveraged positions in a single transaction.</p>
    </div>

    <div className="grid grid-cols-1 sm:grid-cols-2 gap-4">
      <a href="/docs/products/multiply" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="arrow-trend-up" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Multiply</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Leveraged yield strategies that amplify staking, LP, and RWA returns in a single transaction.</p>
        </div>
      </a>

      <a href="/docs/products/multiply/how-it-works" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="bolt" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">How It Works</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">The mechanics behind Multiply: flash loans, eMode, and yield amplification.</p>
        </div>
      </a>

      <a href="/docs/products/multiply/strategies" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="bullseye" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Strategies</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">SOL LSTs, JLP, stablecoins, RWAs, and tokenized stocks: the Multiply strategy types and their mechanics.</p>
        </div>
      </a>

      <a href="/docs/products/multiply/concepts" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="book-open" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Concepts</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Flash loans, looping, Net APY, and the categories of Multiply strategies.</p>
        </div>
      </a>

      <a href="/docs/products/multiply/risks" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="triangle-exclamation" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Risks</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Liquidation, borrow rate, and strategy-specific risks to understand before using Multiply.</p>
        </div>
      </a>
    </div>

    <div className="mt-12 mb-4">
      <h2 className="text-2xl font-semibold text-gray-900 dark:text-gray-100 mb-1">Swap</h2>
      <p className="text-gray-600 dark:text-gray-400">Trade and route across Solana's best venues.</p>
    </div>

    <div className="grid grid-cols-1 sm:grid-cols-2 gap-4">
      <a href="/docs/products/swap" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="right-left" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Swap</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Routes trades across 15+ venues based on your specified parameters.</p>
        </div>
      </a>

      <a href="/docs/products/swap/limit-orders" className="group flex items-start gap-4 rounded-2xl bg-[#fcfbfb] dark:bg-[#13284d] border border-slate-200 dark:border-white/[0.12] hover:border-[#0ea5e9] dark:hover:border-[#0ea5e9] transition-colors p-5 no-underline">
        <div className="shrink-0 rounded-lg bg-[#C6F4FF] dark:bg-[#0ea5e9]/15 p-2.5 text-[#082A56] dark:text-[#C6F4FF]">
          <Icon icon="crosshairs" iconType="regular" size={20} />
        </div>

        <div>
          <h3 className="text-base font-semibold text-gray-900 dark:text-gray-100 mb-1">Limit Orders</h3>
          <p className="text-sm text-gray-600 dark:text-gray-400 leading-relaxed">Standing orders that execute at your target price, with zero slippage and zero fees.</p>
        </div>
      </a>
    </div>
  </div>
</div>