Gamma vs Kamino Liquidity: chains or Solana automation? (2026)

Gamma and Kamino Liquidity both manage concentrated-liquidity positions, moving or maintaining liquidity around active price ranges instead of leaving all range decisions to the user. The main difference is their scope. Gamma spans dozens of listed networks and offers several vault and product types. Kamino is focused on Solana and emphasizes automated range selection, rebalancing and compounding.

That makes chain preference the first practical filter: Gamma is the more flexible option if you want to provide liquidity on networks such as Ethereum, Arbitrum or Base. Kamino fits users whose activity is on Solana and who want their trading fees and incentives reinvested automatically. The listed TVL figures also differ: Gamma has about $2.89 million, compared with about $66.90 million for Kamino. TVL indicates the amount deposited, but it does not guarantee returns or safety.

Gamma’s vaults automatically rebalance concentrated-liquidity positions, and its homepage offers a way to create custom Uniswap V4 LP vaults. It also lists V2 vaults, pooled vaults, a limit order book and perp vaults. The vault dashboard displays TVL, volume, fees and APR, and eligible vaults can offer Merkl incentives. Incentive rewards may change or end, so an advertised APR should not be treated as fixed income.

Kamino chooses optimized price ranges using quantitative models, rebalances positions and compounds trading fees and incentive rewards back into them. Its liquidity products build on existing concentrated-liquidity protocols on Solana rather than operating their own pool. Kamino also offers credit and borrowing markets. In short, Gamma gives users a wider set of chains and listed product lines; Kamino describes a more integrated automation flow for Solana liquidity positions.

Gamma’s listed network coverage is its clearest advantage for users who do not want to be limited to one blockchain. Its supported networks include major Ethereum layer 2s as well as other EVM networks. That breadth can make it easier to find a vault aligned with assets and pools across different ecosystems, though users still need to check each vault’s strategy and underlying DEX.

Kamino Liquidity runs on Solana only. That is a constraint for users whose assets are elsewhere, but it makes Kamino a straightforward choice for people who specifically want to manage liquidity in Solana markets. The listed TVL is substantially higher for Kamino than for Gamma, but size alone does not show whether a particular vault is suitable or what its future returns will be. Compare the individual pool, strategy and withdrawal terms before choosing either protocol.

Neither protocol publishes exact fee levels in this comparison. Gamma’s vault table shows recent vault-level fees and APR, but those figures do not establish the fee a user will pay or the net return after costs. Kamino says users can see vault yields and fees in its app before depositing. Both also involve network transaction fees, and the amount can vary by transaction and network.

Concentrated liquidity carries market risk on both platforms. A position can suffer impermanent loss, and moving prices can leave liquidity outside the active range. Automation can adjust a position, but it does not eliminate those risks or guarantee a positive return. Gamma’s eligible Merkl incentives can affect displayed yields and may change or end. Kamino compounds fees and rewards into positions, but compounding is not a promise of profit. Check the specific vault’s terms and expected costs before depositing.

Both protocols list two audits. Neither publishes the auditor names, dates or findings here, so the audit count alone is not enough to assess contract safety. Gamma is described as non-custodial, and Kamino users retain custody through their own wallets; in both cases, deposits are still exposed to smart-contract risk and to the underlying DEX protocols. Kamino also identifies oracle and strategy risk. Regulatory status is not stated for either.

Choose Gamma if multi-chain access, custom Uniswap V4 vault creation or a broader range of listed products matters most. Choose Kamino if you use Solana and value automated range selection, rebalancing and compounding, with credit and borrowing markets available in the wider protocol. Before depositing, review the exact vault, its fees, incentives and risk disclosures. Only commit funds you can afford to lose.