Calling All $SOL Fanatics! Raydium & Jito: Your Fee Rockstars!! ๐ฃ๐ข๐๐ช
Listen up! We all know Solana's booming with innovation, ๐ but did you know some protocols are generating serious revenue for the chain? We're talking about Raydium and Jito, two heavy hitters among the 122+ protocols rocking the Solana ecosystem.
In the last 30 days alone:
๐ฃ Raydium brought in a whopping $16.88 million for Solana, and its TVL has skyrocketed 49.81% to a staggering $917 million. ๐
๐ข Jito wasn't far behind, contributing $36.39 million in fees, and its TVL has also surged 27.56% to an impressive $1.769 billion.
That's some serious coin and growth for #SOL ! But what exactly are these fees machines, and what are they up to? Let's break it down:
Raydium: Your One-Stop DeFi Shop ๐ฃ ๐
๐ช Think of Raydium as your all-access pass to the amazing world of DeFi on Solana. Here's what they offer:
AMM: Swap tokens with ease and efficiency.
๐ช Staking: Earn rewards by staking your SOL tokens.
๐ช Launchpad: Discover promising new crypto projects launching on Solana.
๐ช Farming: Earn additional rewards by providing liquidity to Raydium's AMM pools. ๐งโ๐พ
Jito: Supercharge Your Solana Experience ๐ข๐ค
Jito takes your Solana game to the next level with innovative features like:
๐ฉ Liquid Staking: Earn rewards on your staked SOL without locking them up.
๐ฉ MEV Capture: Maximize your returns by capturing the "best execution" value on Solana transactions.
๐ฉ Bundle Transactions: Simplify complex DeFi actions by bundling them into one seamless step.
Stay tuned! We'll be diving deeper into Raydium and Jito's functionalities in future posts. ๐ฃ๐ข In the meantime, let us know in the comments below What other Solana protocols are you excited about? DYOR! #altcoins #MtGox