• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Jito Labs Leads DeFi with MEV Infrastructure

user avatar

by Giorgi Kostiuk

a year ago

Jito Labs, a developer in the Solana network, reached new heights in DeFi with $78.92 million in fees in October.

Jito Labs' Breakthrough in MEV Infrastructure

With fees nearing $79 million, Jito Labs outperformed traditional leaders like Lido and Uniswap. Their success is attributed to a model based on maximum extractable value (MEV) and advanced infrastructure, including the Jito-Solana validator client and Block Engine.

Strengthening Solana’s Role in Retail Trading

Jito's revenue growth is also linked to Solana's increased appeal for retail traders, particularly in sectors like memecoins and AI-related tokens. This has created more opportunities for MEV extraction, benefiting both ecosystems.

Jito Labs Sets a New Precedent in DeFi

Jito Labs' success signifies a shift in DeFi, where MEV extraction becomes vital for revenue, as demonstrated by the company's leadership in the sector.

Jito Labs showcases potential for setting new standards in DeFi, highlighting the importance of MEV extraction for competitive edge and revenue growth.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Whale Theory Sparks Speculation on 17th Anniversary

chest

On the 17th anniversary of Bitcoin, a mysterious wallet transfer involving 26,916 BTC has sparked wild speculation within the community.

user avatarMohamed Farouk

Harmattan AI Partners with Dassault Aviation to Boost European Defense

chest

Harmattan AI partners with Dassault Aviation to develop AI systems for next-gen Rafale aircraft and drones, enhancing European defense capabilities.

user avatarRajesh Kumar

Harmattan AI Secures $200M Series B Funding, Becomes Defense Unicorn

chest

French startup Harmattan AI has secured $200 million in Series B funding led by Dassault Aviation, achieving a valuation of $1.4 billion just one year after its founding.

user avatarGustavo Mendoza

EU Imposes Tariffs on Chinese Electric Vehicles

chest

The European Union has announced tariffs on battery electric vehicles from China, ranging from 17 to 353, due to concerns over unfair subsidies.

user avatarElias Mukuru

BitGo Holdings Announces Initial Public Offering

chest

BitGo Holdings has announced its IPO, filing with the SEC to offer 11 million shares of Class A common stock.

user avatarDiego Alvarez

Nvidia Shares Consolidate Amid Chinese Regulatory Uncertainty

chest

Nvidia shares are consolidating as Chinese authorities request a pause on new orders for H200 AI chips, indicating sensitivity to the situation.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.