In July, Raydium, pump.fun and Jito became the top three agreements for Solana's ecological fee revenue
2024-08-02 14:40:02
The data shows that in the past few months, there has been a significant increase in transaction volume on the Solana chain, in addition to the surge in DAU addresses, which recently surpassed the 2 million (7-day MA), and a large number of users have flooded into the ecosystem dominated by Raydium, pump.fun, Jito and other dApps.
Among these DApps, Raydium has become the main source of Solana's fee revenue. In July, the DEX's trading volume reached $30 billion, making it the second largest DEX trading volume after Uniswap. Meanwhile, Raydium earned more than $65 million in July, compared to $33 million in June, according to DeFiLlama;
pump.fun generated more than $28 million in fees in July, the highest monthly fee since its launch; additionally, validators charged around $36 million in MEV fees using the Jito client side in July, up 26% from June. (The Block)