Kamino Finance Adds Plume's nOPAL to Solana Lending Stack
Plume (PLUME)
Editor:
Eugene Serbin
cryptobriefing.com reports that Kamino Finance has launched a dedicated market for nOPAL, the receipt token for Plume’s BlackOpal product, on Solana. This integration marks the first Plume Vaults listing on the protocol, curated by Re7 Labs, which has served as an official vault curator since September 2024. The underlying asset consists of tokenized Brazilian credit card receivables bundled into the BlackOpal LiquidStone II vault.
Since the vault’s inception in late 2025, it has reported zero defaults while offering a historical yield range of 8% to 12% APY. nOPAL has expanded across multiple networks including Avalanche, Ethereum via Pendle, and BNB Chain, with Solana joining via Plume’s Nest integration in December 2025. Re7 Labs defines the structured risk profiles for the market, determining collateral parameters, loan-to-value ratios, and liquidation thresholds. The new market has accumulated approximately $1.2 million in total value locked, contributing to Kamino’s broader $1.3 billion lending stack.
This addition allows holders to borrow against nOPAL or access liquidity without exiting their positions. For Kamino, the move diversifies yield sources beyond crypto-native dynamics, offering liquidity providers returns that do not rely on elevated crypto market activity.
How the market reacted
Whalio's own Binance spot order flow for PLUME, measured when this story was written up on 8 September 2026. Not the outlet's figures.
PLUME is currently trading at $0.01413 with a 24-hour spot volume of $2,500,707. While the 24-hour buy ratio stands at 52.3%, indicating a slight majority of buyers, the 1-hour ratio has dropped to 41.2%, suggesting immediate selling pressure is outweighing buying interest. The 4-hour buy ratio sits at 49.9%, showing a near-even split between buyers and sellers over that timeframe. Volume delta measures the net difference between buy and sell volume; the 1-hour delta is negative at -$21,904, indicating net selling in the short term. However, the 24-hour volume delta is positive at +$118,738, with cumulative buying pressure reaching +$137,942 by the close, reflecting net buying over the full day. This divergence suggests that while short-term traders are selling, the broader daily flow remains net positive.
The latest daily buy ratio of 55.9% sits at the 96th percentile of the last 322 days, against a median of 49.4% - among the strongest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for PLUME, averaged over the days leading up to the story.
Over the preceding week, PLUME experienced a 2.7% price decline despite a 7-day average buy ratio of 53.6%. The latest day’s buy ratio of 52.3% is 1.3 points lower than the weekly average, indicating slightly weaker relative buying pressure. Volume for the day was 1.29 times the weekly average, showing heightened activity compared to typical days. Net buying occurred on 6 of the 7 days, with an 8-day total volume delta of +$1,158,588. This recent day represents an unusual spike in volume relative to the weekly norm, even as the buy ratio dipped slightly below its average.