Kamino Pauses SOL/BTC Borrowing Amid Binance Hacker Concerns
The Solana-based lending protocol halts borrowing in response to potential security risks from the recent Binance hack.
The Solana-based lending protocol halts borrowing in response to potential security risks from the recent Binance hack. Bitcoin (BTC) is trading at ₹74,03,558 ($77,690.00), down 1.3% since this brief published. This is an original Token Times brief based on reporting by Coinfomania, with live market data added, as of Fri, 30 Oct 2026 00:15:02 UTC.
This pause underscores ongoing DeFi security challenges and the vulnerability of lending protocols to broader market security incidents.
- Kamino suspends SOL/BTC borrowing due to Binance hack concerns.
- Solana DeFi TVL at $5.61B, Kamino's TVL at $1.31B (-4.9% 7d).
- Incident highlights DeFi's vulnerability to external security threats.
- Binance Co-Founder Warns of Data Privacy Risks Amid AI Concerns
- Kamino Pauses SOL/BTC Borrowing Amid Binance Hacker Concerns — this brief
Kamino, a 
Solana-based lending protocol, has temporarily halted borrowing for the SOL/BTC market. This decision comes amid concerns over potential risks posed by the recent Binance hack, which has raised alarms across the DeFi sector.
The pause in borrowing is a precautionary measure to protect users and the protocol's assets. It highlights the ongoing challenges DeFi platforms face in maintaining security and stability, particularly when incidents occur in larger crypto entities.
According to DeFiLlama, Kamino's total value locked (TVL) currently stands at $1.31 billion, marking a 4.9% decrease over the past week. This decline may be partly attributed to the heightened security concerns and the broader market downturn.
The broader Solana DeFi ecosystem has a TVL of $5.61 billion, indicating that Kamino holds a significant share of the Solana DeFi market. The incident underscores the interconnected nature of the crypto ecosystem, where events in one area can have ripple effects across platforms and markets.
In the current market context, 
Bitcoin is trading at $78,736, down 2.99% in the last 24 hours, while Solana has fallen 5.55% to $96.6. The overall crypto market cap is $2.7 trillion, with the Fear & Greed Index at 51, indicating a neutral sentiment.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹75,03,237.67$78,736.00 to ₹74,03,557.89$77,690.00 — -1.33%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $78,000 on October 29?
Crowd-implied probability on Polymarket, ₹9.16M 24h volume, resolves Oct 30 — snapshotted when this brief published (Oct 29 23:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.18M (about $77,690.00), down 4.4% over 24 hours. The rupee itself trades about 10.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Kamino Pauses SOL/BTC Borrowing Amid Binance Hacker Concerns — questions & answers
Why did Kamino pause SOL/BTC borrowing?
The pause is due to potential risks from the recent Binance hack.
What is Kamino's current TVL?
Kamino's TVL is $1.31 billion, down 4.9% over the past week.
How does this affect the Solana DeFi ecosystem?
Kamino's TVL represents a significant portion of Solana's $5.61 billion DeFi TVL, indicating a notable impact.
How much is 1 Bitcoin worth in rupee today?
About ₹8.18M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $77,690.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 1.33% since this brief first published — trading at ₹74,03,558 ($77,690.00) now versus ₹75,03,238 ($78,736.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Coinfomania. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.