{"id":15218,"date":"2025-02-26T22:31:50","date_gmt":"2025-02-26T22:31:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15218"},"modified":"2025-02-26T22:31:50","modified_gmt":"2025-02-26T22:31:50","slug":"jupiter-joins-top-defi-earners-outpacing-pump-fun-pancakeswap","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15218","title":{"rendered":"Jupiter Joins Top DeFi Earners, Outpacing Pump.fun, PancakeSwap"},"content":{"rendered":"
\n

Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether.<\/p>\n

Additionally, the decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, going above fellow Solana stalwart Pump.fun.<\/p>\n

Jupiter Usurps Pump.fun<\/h2>\n

According to data<\/a> from DefiLlama, the exchange has earned $10.88 million in fees since yesterday, about $7.3 million less than the amount Tether raked in.<\/p>\n

However, Jupiter performed markedly better than Uniswap, PancakeSwap, sister platform Meteora, and Hyperliquid<\/a>, a rising star in the perpetual futures trading space. Apart from Uniswap, none of these competing protocols earned more than $5 million in fees in the last 24 hours.<\/p>\n

In terms of revenue in the same period, Tether is heads and shoulders above everyone, with its $18.19 million being three times more than its closest competitor, Circle. Hyperliquid was third, bringing in $3.53 million, while Jupiter went above Pump.fun with a 24-hour revenue of $2.42 million.<\/p>\n

Over seven days, the DEX\u2019s fee earnings stand at $23.31 million, only bettered by Tether\u2019s $127.26 million, Circle\u2019s $41.54 million, and PancakeSwap\u2019s $36.15 million. Other Solana-based platforms in the top ten include Meteora, Jito, and Pump.fun, which respectively received $19.52 million, $15.69 million, and $14.55 million in the last week.<\/p>\n

Jupiter\u2019s improving fortunes have come in the wake of turbulence in Solana\u2019s DeFi space.\u00a0Last week, Meteora, co-founded by Jupiter\u2019s pseudonymous lead, Meow, faced leadership upheavals after its other co-founder, Ben Chow,\u00a0resigned<\/a> over allegations of financial misconduct.<\/p>\n

Additionally, the controversy surrounding the LIBRA meme coin, which soared and then crashed after a high-profile endorsement from Argentine President Javier Milei, has also shaken confidence in some DeFi platforms.<\/p>\n

JUP Market Performance<\/h2>\n

Data from CoinGecko shows the decentralized finance category<\/a> is up by a slight 0.6% since yesterday, with its collective market cap at $102 billion.<\/p>\n

Jupiter\u2019s JUP token is among the better-performing cryptocurrencies in the sector, gaining 9.5% on its price over the previous 24 hours. Among the segment\u2019s top ten assets by market cap, it was only bettered by Maker (MKR), up 21.4%, and Hyperliquid\u2019s HYPE, which registered an 11.9% uptick.<\/p>\n

Across seven days, JUP also suffered the least loss among DeFi heavyweights, dropping just 1.0% of its value. The biggest large-cap losers were Aave (AAVE), down 17.8%, Chainlink (LINK), which shed more than 14% of its value, and Uniswap\u2019s UNI token, which declined by 13.8%.<\/p>\n

The post Jupiter Joins Top DeFi Earners, Outpacing Pump.fun, PancakeSwap<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether. Additionally, the decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, going above fellow Solana stalwart Pump.fun. Jupiter Usurps Pump.fun According to data from DefiLlama, the exchange has earned $10.88 million in fees […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15218","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15218"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15218\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}