🔥 As of the end of September, the total value locked (TVL) in the DeFi ecosystem of #Solana has reached $5.7 billion, an increase of 26% compared to the previous quarter.
With this figure, Solana has surpassed #Tron to become the third largest network by TVL in the cryptocurrency world. Notably in this ecosystem is the Kamino platform, which accounts for 26% of Solana's total TVL with a value of $1.5 billion.
Kamino recorded impressive growth of 57% compared to the previous quarter, largely thanks to the addition of two new tokens, PYUSD and jupSOL, to its platform.