2026-01-06 01:24:40

DeFi lending platform Kamino Prime raised $285 million in just 24 days through tokenized mortgage debt—marking a significant shift in how institutional credit flows through decentralized finance. What's noteworthy here is the underlying infrastructure: actual home equity lines of credit (HELOCs) from established fintech firms are being routed directly through DeFi protocols, not synthetic yields wrapped in yield farming mechanics.

Yet the market seems to be pricing this like another farm narrative. The native token has dropped 25.8% from its October peak, currently trading around $0.0614. Investor skepticism could stem from DeFi fatigue or simply miscalculating what tokenized real-world credit represents—a structural opportunity that differs fundamentally from liquidity mining. The protocol is processing genuine institutional-grade credit instruments rather than circular token incentives. Whether the market eventually recognizes this distinction will likely determine if the token finds support at current levels.

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GovernancePretender

· 01-07 17:16

Real RWA and liquidity mining are completely different things, but retail investors insist on mixing them together, no wonder the market crashes. --- 24 days raised 28.5 billion, sounds unbelievable, but this time it's really different. --- The market is still the same, if you don't understand, just sell off; when you're awake, FOMO in. --- The logic of bringing HELOC on-chain is actually very solid, it's just that the token performance is disappointing, we need to watch it slowly. --- Another mispriced asset, let's see when institutions will realize. --- DeFi fatigue really is a curse; many good projects are undervalued. --- 0.0614 is indeed cheap, but the true bottom hasn't been reached yet. --- Institutional grade credit is the future, not some farming coins. --- I'm curious to see what will happen in half a year; it's too early to draw conclusions now.

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ContractTearjerker

· 01-06 12:27

Real RWA, but retail investors are still being educated once again. --- 25.8% decline... The market just doesn’t understand what real assets are, still using old Farm mentality. --- Wait, real HELOC is flowing into DeFi? How is this regulated... --- $0.0614 is it a good buy or will it continue to fall? If it can really attract institutional flow, it could turn around. --- Another project that was wrongly killed, retail investors collectively fail to recognize good opportunities. --- To be honest, KaminoPrime’s logic is correct, but how the token economy is designed is the key. --- Raising 285M in 24 days, but the market response is so cold... It shows that most people still don’t understand RWA. --- After seeing this, I actually think it might be the bottom? Could real asset projects still rebound?

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MEVHunterNoLoss

· 01-06 01:50

Real asset onboarding works like this, the market is still using the old farm mentality, no wonder there's a sell-off... --- 285M in just 24 days? Feels like no one truly understands what RWA is all about. --- Another project that was wrongly killed, waiting for smart money to scoop the bottom. --- HELOC direct on-chain operation still has some potential, but retail investors are just hyping the concept. --- Token drops 25% but the protocol is still absorbing real credit flow, the contrast is incredible. --- Don’t tell me about DeFi fatigue; those who can’t distinguish between spot and futures naturally won’t understand. --- Kamino is truly different this time, it’s just that the market hasn’t reacted yet... --- Institutional-grade stuff being forcibly treated as farm projects, those who should be copying have already done so. --- Why do some people always confuse RWA with yield farming? That’s just an information gap. --- A 25% drop corresponds to 285M in funding; the more I think about it, the more it doesn’t add up.

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NewDAOdreamer

· 01-06 01:31

Tokenized real assets seem to be truly different this time, but the market is still smashing the price with farm logic, it's ridiculous. --- 285 million in 24 days maxed out, but the token actually dropped... the market really hasn't realized what this is yet. --- Tokenized HELOC is truly institutional-grade stuff, not just another liquidity mining scam. How come some people still can't tell the difference? --- Is the $0.0614 price cheap or a trap? It depends on whether institutions will actually use it. --- DeFi fatigue is real; everyone’s been burned and is afraid. Even if a good project comes along, it takes a hit before people believe. --- Wait, real credit assets on-chain... if this works out, it will be revolutionary. --- Falling 25% from the October high—whether it's a shakeout or just lack of recognition, I’ll just watch for now. --- The key is whether this can be implemented in the real world; looks good on paper, but ultimately it depends on execution.

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