Fascinating evolution in the MEV game on Solana.
Jito now allows users to request their transactions not be sandwiched in a bundle. But they can still be sorta sandwiched, doing what's called a "blind" or "wide" sandwich, where the sandwicher basically YOLOs the backrun within 50-300ms after the frontrun. They take more risk that something happens in the middle to change the price, but on average they're still profitable.
The game has evolved. These "wide" sandwiches are now 30% of all sandwiches and climbing.
Lesson: game theory is a cruel mistress. Really hard to defeat these games.
1.07K
0
Haseeb ＞|＜
Fascinating evolution in the MEV game on Solana.
Jito now allows users to request their transactions not be sandwiched in a bundle. But they can still be sorta sandwiched, doing what's called a "blind" or "wide" sandwich, where the sandwicher basically YOLOs the backrun within 50-300ms after the frontrun. They take more risk that something happens in the middle to change the price, but on average they're still profitable.
The game has evolved. These "wide" sandwiches are now 30% of all sandwiches and climbing.
Lesson: game theory is a cruel mistress. Really hard to defeat these games.
13.94K
134
Sharples 🟪
How successful has @pumpdotfun been for Solana?
Looking at just transaction fees on Solana, about 50-70% of transaction fees contain either a pumpfun or PumpSwap trade.
Not only has @pumpdotfun been the largest revenue-generating app on Solana in the past year, but it has also been a major driver of Solana's REV resurgence over the past 18 months.
The big jump in March was due to the release of PumpSwap, which saw bonded tokens graduate to PumpSwap rather than Raydium.
*This calculation excludes out-of-protocol tips such as Jito, which contribute about 50% to Solana's REV.
5.62K
54
nxxn
Solana airdrops by total value (based on avg. price in the first 2 weeks) 🪂
If $PUMP launches at $4B FDV with 10% for airdrop (unlocked from day 1), it could be among the largest.
But the real question is: who will get it? $JUP, $ME, $PENGU went wide - the majority of participants received it. PumpFun probably won’t be like that.
What are your expectations? 🤔
39.87K
195
David
Largest Solana protocol by deposits with >$1B difference from next largest (Jito).
Higher.
Kamino
$4 Billion
thank you, @solana
11.12K
42
Convert USD to JTO
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Jito price performance in USD
The current price of Jito is $1.9340. Since 00:00 UTC, Jito has increased by +2.33%. It currently has a circulating supply of 347,930,065 JTO and a maximum supply of 1,000,000,000 JTO, giving it a fully diluted market cap of $672.55M. At present, Jito holds the 74 position in market cap rankings. The Jito/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Jito Network is a liquid staking protocol on Solana. Protocol users can stake SOL and receive JitoSOL in return. Beyond staking rewards, Jito Network's liquid staking token also captures MEV rewards. JTO is the governance token for the Jito Network.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 1.5K new posts about Jito, driven by 416 contributors, and total online engagement reached 59K social interactions. The sentiment score for Jito currently stands at 79%. Compared to all cryptocurrencies, post volume for Jito currently ranks at 4042. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Jito.
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Posts
1,470
Contributors
416
Interactions
59,453
Sentiment
79%
Volume rank
#4042
X
Posts
1,464
Interactions
59,450
Sentiment
80%
Jito FAQ
How much is 1 Jito worth today?
Currently, one Jito is worth $1.9340. For answers and insight into Jito's price action, you're in the right place. Explore the latest Jito charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Jito, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Jito have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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