News center > 7*24H News > Featured > Context
Aave Lianchuang accused Kamino of imitating Aave, but was refuted by Solana Lianchuang
Editor
2 hours ago 7,246
February 12th news, Aave's dominance in the DeFi lending field seems to be facing fierce competition. According to data compiled by Token Terminal, Kamino, the DeFi project on Solana, has seen a net deposit of 1,368% since January 2024, while Morpho's net deposits rose by 214% during the same period. Meanwhile, Aave's net deposit growth rate is about 213%. This week, Aave founder Stani Kulechov criticized Kamino on X and believed that the project was an "imitator" of Aave's "old technology" using a "semi-finished" user interface. His post sparked rebuttal from members of the Solana community, including Solana co-founder Anatoly Yakovenko, who thinks Kamino is better. Marc Zeller, another early member of the Aave development team, has also been criticizing other DeFi projects for their approach when they encounter problems. Although Kulechov criticized Kamino, he admitted in a recent podcast show: "Overall, the more developers on the chain, the better, it doesn't matter where they start or end. If Solana has more developers to build I would be happier with resilient, safe and secure DeFi.”
Keywords: Bitcoin
Share to: