May 2, 9:36 pm
Decrypt
Jito Network Rises to the Top of Solana DeFi With $1.04 Billion Total Value Locked
The Jito Network has become the top 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 airdrop of JTO tokens have also contributed to its growth and community engagement.