Jito, Kamino, And Cloud Drive Solana To $17.5 Billion TVL

Jito and Kamino lead the package with more than $ 5 billion in TVL combined

Savings Protocol JTO (JTO) He gets TVL worth $ 2.72 billion, representing 17.94 percent of the Solana network. Secondly, KMNO (KMNO), decentralized lending platform, with TVL or 16.03 % of a total of $ 2.43 billion. The total of these two projects has a joint value of 5.15 billion with the user’s high confidence towards capturing and borrowing on Solana.

JUP and Cloud shows a power of decentralization and return

Decentralization Jupiter (Job) It continues to increase the total value of $ 2.39 billion (TVL), and has a share of 15.77 percent per total. The Cloud contains TVL of $ 1.87 billion that shows the increasing popularity of the common Defi approach to trading and generating negative income.

Raydium and Drift Defi’s Defi expands and Staick

Raydium (Ray) continues to control Solana Dexs with $ 1.77 billion. It is a gateway to apply liquidity to Solana ecosystem. An important part is also held by Malinade Finance (MNDE), which is 1.69 billion or 11.15 percent. Meanwhile, Drift, the platform that provides Dex and Stokeing options, collected TVL up to 940.02 million dollars, which includes 6.20 % of TVL entirely from Solana. This is an indication of increasing the need for hybrid Defi tools

Meteora, Orca, and Frag is between the top 10

Meteora, the Dex/Livers complex, has a 757.73 million, or 5.00 percent of closed assets. By providing dynamic liquidity, Meteora attracts users who need efficiency regarding the use of capital. One of the first Dexs on Solana is Orca, which now has a closed value of 360.17 million dollars (2.38 %). Finally, the last place in the top ten is ranked by the Frag Protocol, which is a restoration protocol, with an amount of $ 300.88 million, which is 1.98 % of TVL.

Derevi’s future looks promising

This teacher of $ 17.5 billion of TVL enables watching a prosperous environmental system that continues to expand beyond simple symbolic trading. The largest DEFI networks SolanaIncluding JITO, JUPITER and Kamino platforms, they look stable and ready for future expansion. The ecological system can easily exceed the threshold of assets of $ 20 billion before 2025 with more users and developers who flow to Solana due to the time of verification faster, low fees, and a cognitive protocols.