On November 8th, Jito Labs monthly fee revenue reached $78.90 million in October, double the record in May, surpassing DeFi protocols such as Lido and Uniswap. On October 24th, single-day tip revenue reached $6.14 million, showing the growth of demand for MEV extraction services on Solana.
On October 24th, a new user named Ly67890 bet $2 million on the crypto prediction market Polymarket to support Vice President Harris to win the presidential election, quickly increasing her chances of winning the election on the platform and making it the number one punter on the platform to predict Harris's victory.