HawkInsight

  • Contact Us
  • App
  • English

Jito Labs 'October fee revenue was $78.9 million, double the record figure in May."

Internet reports that Jito Labs 'fee revenue in October was US$78.92 million, double the record of US$39.45 million set in May and higher than veteran DeFi protocols such as Lido and Uniswap. The agreement performed particularly strongly on October 24, with tip revenue alone reaching $6.14 million. Analysts said the surge highlighted Solana's growing demand for MEV extraction services, but the sustainability of these fee levels may depend on the continued high transaction volume on Solana, especially memecoin, which is a major driver of MEV opportunities.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More