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.
String of X hijacks continues as hackers access accounts of Litecoin, Foresight Ventures, and others