This article highlights the top 10 Solana protocols based on fees generated in 2024. The Solana decentralized exchange, Raydium, brought in significant fees and was popular due to the memecoin fever in the crypto world. Jito's Jito-Solana client became a go-to for validators, earning fees from MEV tips. The memecoin launchpad pump.fun generated over $300 million in fees, indicating a strong interest in speculative trading. Photon, a Solana trading platform, capitalized on the memecoin wave and emphasized its speed. bloXroute, an infrastructure company, offered services to enhance transaction speed for traders. Trojan provided a Telegram bot for Solana wallet creation and crypto trading. BONKbot, a trading bot, was released by the creators of a popular Solana memecoin. Marinade, a liquid staking token, introduced an auction mechanism to attract institutions. BullX marketed itself as a fast indexing memecoin trading platform. Kamino, a DeFi protocol, saw significant TVL and was known for its borrow-lend feature and liquidity incentives for PayPal's PYUSD stablecoin on Solana.



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