Kamino: The settlement amount in June was only 1.4 million dollars, with a total loan amount exceeding 600 million dollars

The Solana lending platform, Kamino, posted on the X platform stating that during the market turbulence in June, Kamino only processed about $1.4 million in liquidations while the total loan amount exceeded $600 million. In June, more than 2,500 liquidations were processed in total. Kamino's soft liquidation mechanism aims to prevent borrowers from going bankrupt; only about 20% of users' collateral value was liquidated. The largest liquidation in June involved a collateral value of over $70,000. Most of the liquidations involved a collateral value of less than $20,000.

1) The total transaction fees paid by those being liquidated reached nearly 800 cases on the day with maximum losses. Total transaction fee: ~0.26 SOL or approximately $40.
2) Transaction cost per each clearance - almost all transactions costs were at 0.001 SOL or lower throughout June.