Jito Beats Ethereum and Uniswap in 2024 DeFi Fees—What’s Driving Its Success?
- Jito Labs sets a new fee generation record, surpassing $20 million in two days.
- Jito outperforms Ethereum and Uniswap in 2024, becoming a leading DeFi player.
- Jito’s token price rises 7%, but trading volume drops, signaling potential volatility.
Jito Labs has set a benchmark in decentralized finance (DeFi), achieving over $20 million in daily fees on January 20 and 21, 2025. Focused on maximal extractable value (MEV) services for the Solana blockchain, Jito’s infrastructure has outperformed traditional DeFi leaders.
A key milestone was reached on January 20, when the protocol generated a record $26.49 million in fees, driven by the high-profile MELANIA transaction.
Jito’s Fee Growth Outpaces Rivals
Jito Labs has shown remarkable growth in recent months. By October 2024, the protocol recorded $78.92 million in monthly fees,…
The post Jito Beats Ethereum and Uniswap in 2024 DeFi Fees—What’s Driving Its Success? appeared first on Coin Edition.
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Jito Beats Ethereum and Uniswap in 2024 DeFi Fees—What’s Driving Its Success?
- Jito Labs sets a new fee generation record, surpassing $20 million in two days.
- Jito outperforms Ethereum and Uniswap in 2024, becoming a leading DeFi player.
- Jito’s token price rises 7%, but trading volume drops, signaling potential volatility.
Jito Labs has set a benchmark in decentralized finance (DeFi), achieving over $20 million in daily fees on January 20 and 21, 2025. Focused on maximal extractable value (MEV) services for the Solana blockchain, Jito’s infrastructure has outperformed traditional DeFi leaders.
A key milestone was reached on January 20, when the protocol generated a record $26.49 million in fees, driven by the high-profile MELANIA transaction.
Jito’s Fee Growth Outpaces Rivals
Jito Labs has shown remarkable growth in recent months. By October 2024, the protocol recorded $78.92 million in monthly fees,…
The post Jito Beats Ethereum and Uniswap in 2024 DeFi Fees—What’s Driving Its Success? appeared first on Coin Edition.
Read More