RockawayX Launches Diversified RWA Vault on Kamino

RockawayX, a global digital asset investment firm with over $2 billion in AUM, has launched its Real World Asset (RWA) Vault on Kamino, the largest borrowing and lending protocol on Solana. The vault offers a single access point to leading real-world yields and stablecoin strategies on Solana, targeting diversified, market-neutral returns that are uncorrelated to crypto market performance.

Access The Vault

The launch marks RockawayX's entry into vault curation, building on a 4+ year track record in DeFi credit underwriting that has delivered consistent yields with no down months and zero defaults.

Why a Diversified RWA Vault?

Tokenization is rapidly becoming one of DeFi's core growth drivers.

An estimated $20 trillion worth of assets are expected to be tokenized by 2033 as financial institutions bring more investment products on-chain. On Solana, RWA and stablecoin strategies have expanded alongside broader growth in lending and liquidity protocols. Yet today, most RWA strategies remain isolated, single-rate, single-issuer offerings that leave user exposure fragmented and concentrated.

The RockawayX RWA Vault addresses this gap by combining, curating, and actively managing allocations across a set of risk-managed, high-performing RWAs and stablecoins. Launch partners include OnRe, Huma, Figure, and Solstice.

"RWA markets are moving beyond 'one-token, one-rate' products. As the sector matures, users and institutions will expect portfolio construction, underwriting, and ongoing monitoring that looks more like managed credit. This vault applies our risk framework to onchain RWAs so users can access diversified yield with clearer risk management and reporting." - Nassim Alexandre, RockawayX

How It Works

Users deposit USDC into the RockawayX RWA Vault on Kamino and receive a vault token that tracks their share of the RWA pool. RockawayX manages allocation, risk, and automatic rebalancing to target steady returns, applying its internal credit underwriting and monitoring framework to dynamically adjust exposure over time. This makes it easier for DeFi users and institutions to gain diversified RWA exposure without managing single-name credit risk themselves.

The vault is deployed on Kamino's vault infrastructure, enabling on-chain access, position tracking, and redemptions through a single tokenized structure.

"With real-world assets rapidly growing on Solana, demand is shifting toward diversified, professionally managed exposure rather than relying on single-issuer yield. The RWA Vault combines RockawayX's market-neutral expertise with Kamino's vault infrastructure to deliver transparent, tokenised access to diversified RWA exposure onchain." - Marius George Ciubotariu, Co-Founder, Kamino

Institutional Risk Framework

RockawayX is applying its tested underwriting and risk frameworks to the vault, focusing on issuers and collateral types it diligences rigorously. The firm's dedicated vault curation team combines TradFi experience from KPMG and Société Générale with deep crypto-native expertise from MEV Capital and others.

Since launching its Credit Fund in 2022, RockawayX has maintained zero defaults and consistent double-digit annual returns, navigating volatile periods while avoiding catastrophic collapses like Celsius, BlockFi, and Alameda. The firm has also provided $300M+ in liquidity to Solana ecosystem projects.

"The next chapter for DeFi is about better risk tools, cleaner structures, and, perhaps most of all, diversified investment products with varied return profiles. If users are going to put more capital to work on-chain, they need a larger and vibrant buffet to select from." - Adam Bilko, Partner at RockawayX

The Vaults 2.0 Thesis

RockawayX sees 2026 as the year the DeFi vault landscape scales tremendously. The first generation of DeFi vaults proved the concept: smart contracts can automate yield strategies, pool liquidity, and deliver returns without intermediaries. But as RWA strategies mature and institutional capital flows onchain, the limitations of Vaults 1.0 are becoming impossible to ignore.

Most RWA vaults today are vanilla, single-rate offerings that operate more like traditional money market funds than next-generation financial infrastructure. They're defined by static, single-asset exposure, low-frequency manual asset management, and a lack of maturity when it comes to risk management automation.

The next generation addresses these limitations head-on through what RockawayX calls "onchain strategy curation 2.0":

• Algorithmic strategies that continuously optimize allocation across multiple objectives: maximizing yield, minimizing concentration risk, maintaining liquidity buffers, and respecting correlation constraints
• Automated risk management with continuous monitoring of collateral quality, counterparty health, and protocol utilization, plus programmatic adjustments when risk metrics breach predefined thresholds
• Automated opportunity detection that identifies and evaluates new yield sources against predefined criteria, rather than waiting for quarterly reviews
• Multi-asset aggregation that spreads exposure across multiple protocols, asset types, and legal structures, improving liquidity and enhancing risk-adjusted returns through diversification

This RWA Vault on Kamino is RockawayX's first contribution to this new era.