DeFi
News Explorer — Jito Network Rises to the Top of Solana DeFi with Total Value Locked of $1.04 Billion
May 2, 9:36 p.m.
Decrypt
Jito Network Rises to the Top of Solana DeFi with Total Value Locked of $1.04 Billion
The Jito Network has become the leading decentralized finance (DeFi) protocol on the Solana network, with a total volume locked (TVL) of $1.04 billion. Jito’s success is attributed to the popularity of its collateral source, JitoSOL, among Solana DeFi users. The network’s MEV bundles and JTO token airdrop have also contributed to its growth and community engagement.