← All protocol dossiersSource fetched 2026-09-26T00:55:53Z
METAx × Kamino
Configuration was decoded for this exact token Evidence for this stage was checked 2026-09-26T00:55:51Z. The protocol or product source names this exact token. Configuration decoding is not execution proof.
Source-described use: Post this exact mint as collateral in a configured Kamino market and borrow an eligible debt asset against it.
Open METAx token report · Open xstocks-backed issuer dossier
Exact token and source-described action
- Solana token address
Xsa62P5mvPszXL1krVUnU5ar38bBSVcWAB6fmPCo5Zu- Actions described by source
- collateral, borrow
- Source-reported integration status
- live
- Access limits
- Issuer eligibility and the protocol’s geographic restrictions apply; direct issuer redemption remains KYC-gated.
- Direct links
- Open market / product ↗ · Protocol documentation ↗
Proof status: a source listing does not prove execution
- Achieved proof stage
- decoded
- Source proof status
- exact-token-registry
- Source fetched
- 2026-09-26T00:55:53Z
- Activity observed
- Reported market metrics, if shown, are source-reported parameters or activity indicators, not independently executed trades.
- Account existence
- checked (2/2 referenced accounts)
- Configuration decoded
- Performed — Reserve risk configuration (status, maximum LTV, liquidation threshold, liquidation bonus) of 1 collateral reserve read from the chain; debt-side terms and executions are not decoded. Decoded at slot 450519999 with stocks/lib/kamino-accounts.mjs (offsets verified against @kamino-finance/klend-sdk 12.0.0).
- Read-only execution simulation
- Not performed
Source evidence
- protocol-api: 1 reserve with a positive LTV for this exact mint in xStocks Market (per-market reserve list; not in the cross-market collateral registry). Open source ↗
Referenced accounts and owners
The source data records observed owners. Where the source publishes no expected owner, the expected owner is not established. Account existence and owner confirm the published reference; they do not decode configuration or prove that a user action can succeed.
Recorded parameters
- Maximum LTV
- 35%
- Liquidation LTV
- 45%
- Liquidation penalty
- Not reported
- Configured / observed size
- $0.75
- 24 h volume
- Not reported
- 24 h transactions
- Not reported
- Oracle
- Not reported
Markets and configured addresses
Custody and default outcomes
Borrower default / seizure
The lender can seize and sell; redemption is gated
The token is a transferable bearer ledger-based security, so the contract can transfer or sell it after default while the mint is open. Direct redemption for cash is not autonomous: the lender must pass KYC/AML and the issuer may reject a request on negative findings.
Protocol hack custody
Clawback may reverse a theft
The permanent delegate and pause authority can technically contain or reverse a hacked transfer. Assistance is discretionary rather than a protocol right, and the same powers can reverse the protocol's own custody or liquidation outcome.
Access or key loss
Issuer action can rescue a stranded token
The permanent delegate can technically move or burn a balance in an inaccessible account. A replacement or redemption still depends on the issuer accepting the claimant, completing compliance checks and exercising that power.
These conclusions come from the issuer and control recipe from the matched legal template. They are not protocol simulation results.
Lender exit after receiving the token
Conditional market exit — A source-listed collateral market and observed on-chain pool indicate a possible route, but execution was not independently tested and issuer controls, transfer conditions, or thin liquidity may prevent full realisation.
- Observed DEX liquidity
- $870,870.58
- Issuer redemption established
- yes
- Key limit
- Possession of the token does not itself establish eligibility, issuer recognition, redemption access, or enough executable market liquidity.