Jupiter Exchange, a decentralized exchange (DEX) on Solana, has surpassed other major DeFi players in terms of daily fees, ranking second after stablecoin issuer Tether. The DEX generated $2.73 million in revenue over a 24-hour period, outperforming other Solana-based platforms. However, Tether still holds the top spot, earning $18.19 million in the same period. Over seven days, Jupiter's fee earnings were $23.31 million, placing it among the top performers in the DeFi space. Jupiter's success comes amidst turbulence in Solana's DeFi sector, including leadership upheavals and controversies surrounding meme coin LIBRA. The DEX's native token, JUP, has gained 9.5% in price over the previous 24 hours and experienced the least loss among DeFi heavyweights over seven days.
Content Editor ( cryptopotato.com )
- 2025-02-26
Jupiter Joins Top DeFi Earners, Outpacing Pump.fun, PancakeSwap
