According to Odaily Planet Daily, Solana's lending platform Kamino only processed about $1.4 million in liquidations during the market turmoil in June, while the total borrowing amount exceeded $600 million. A total of more than 2,500 liquidations were processed in June. Kamino's soft liquidation mechanism is designed to prevent borrowers from going bankrupt, and only about 20% of the value of user collateral was liquidated. The largest liquidation in June involved collateral worth more than $70,000, and most liquidations involved collateral worth less than $20,000. The total transaction fees paid by the liquidator, on the day with the largest loss, nearly 800 liquidations were processed. The total transaction fee is about 0.26 SOL, which is about $40; the transaction fee for each liquidation - the fee for almost all transactions in June was 0.001 SOL or less.