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Jito Breaks Records: Over $20M in Fees for Two Days in a Row

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By on January 22, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Jito Breaks Records: Over $20M in Fees for Two Days in a Row appeared first on Coinpedia Fintech News

Solana’s MEV infrastructure, Jito, has made history by capturing more than $20 million in fees on two consecutive days, a first-ever achievement. On January 20, during the MELANIA transaction, Jito reached a new record, earning $26.49 million in just one day. Jito has now become the leader in fee capture, surpassing other protocols like Meteora and even Solana itself. This incredible achievement showcases Jito’s growing strength in the Solana network and its significant impact in decentralized finance (DeFi). As Jito continues to grow, its influence in the DeFi space is set to expand, challenging the market’s current dynamics.

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