CandleFocus Jito flips Ethereum, Uniswap, and Solana on a crucial metric
2025-01-12
Author: Content Editor
Jito, a liquid staking project on Solana, has seen its total value locked (TVL) and fees reach record highs. With a TVL of 14.6 million SOL ($2.7 billion), Jito is the 14th largest player in the decentralized finance industry and the third-largest liquid staking protocol. It has earned $63 million in fees this year, surpassing Ethereum and other major platforms. However, Jito's native token has seen a decline in value since its airdrop in 2023 due to regular dilution in the network. Despite this, Jito offers attractive yields for staked tokens through liquid staking and restaking services.
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