Kamino offers a suite of products that combine a variety of DeFi primitives to power sophisticated strategies - each wrapped into an accessible, user-centric interface.

Kamino has built two core primitives:
- Automated Liquidity Vaults
- Kamino Lend

Automated liquidity vaults were Kamino's first product, launched in August 2022, and it remains the leading LP primitive on Solana. Kamino liquidity vaults issue kTokens to depositors, which are yield-bearing fungible LP tokens.
For a comprehensive look at Kamino's Liquidity Vaults, see the Liquidity Docs: https://docs.kamino.finance/v/automated-liquidity

Kamino Lend powers automated products like Multiply and Long/Short, and can also be used as a stand-alone borrow/lend market.
K-Lend has a rich suite of features that enable capital efficiency, while having a sophisticated risk engine to protect both borrowers and lenders.

For a comprehensive look at Kamino Lend, see the kLend docs: https://docs.kamino.finance/products/borrow-lend