Jito Labs earned $78.92 million in fees in October, double the record $39.45 million set in May and higher than established DeFi protocols like Lido and Uniswap.
The agreement had a particularly strong performance on Oct. 24, with tips alone reaching $6.14 million, a surge that analysts say highlights Solana's growing demand for MEV extraction services, but the sustainability of these fee levels may depend on the continued high volume of transactions on Solana, especially memecoin, which is a major driver of the MEV opportunity.
Jito Labs earned $78.90 million in fees in October, double the record figure in May
2024-11-07 21:59:03
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