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Bitcoin Bitcoin (BTC) $118,898.58 ↑ 0.69%
Ethereum Ethereum (ETH) $3,888.77 ↑ 3.02%
XRP XRP (XRP) $3.26 ↑ 2.24%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $855.54 ↑ 7.35%
Solana Solana (SOL) $191.87 ↑ 2.72%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 2.30%
TRON TRON (TRX) $0.32 ↑ 0.18%
Cardano Cardano (ADA) $0.83 ↑ 1.60%
Hyperliquid Hyperliquid (HYPE) $44.35 ↑ 2.93%
Sui Sui (SUI) $4.23 ↓ -0.31%
Stellar Stellar (XLM) $0.44 ↑ 0.54%
Chainlink Chainlink (LINK) $19.21 ↑ 2.72%
Hedera Hedera (HBAR) $0.28 ↓ -0.38%
Bitcoin Cash Bitcoin Cash (BCH) $578.40 ↓ -1.05%
Avalanche Avalanche (AVAX) $26.72 ↑ 7.02%
Litecoin Litecoin (LTC) $114.34 ↑ 0.63%
Toncoin Toncoin (TON) $3.41 ↑ 3.09%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.58%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.14%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.02%
Uniswap Uniswap (UNI) $11.03 ↑ 4.74%
Polkadot Polkadot (DOT) $4.25 ↑ 2.45%
Monero Monero (XMR) $325.68 ↓ -0.51%
Bitget Token Bitget Token (BGB) $4.67 ↑ 2.00%
Pepe Pepe (PEPE) $0.00 ↑ 3.06%
Dai Dai (DAI) $1.00 ↓ -0.01%
Cronos Cronos (CRO) $0.15 ↑ 4.22%
Aave Aave (AAVE) $306.47 ↑ 3.29%
Ethena Ethena (ENA) $0.69 ↑ 13.16%
Bittensor Bittensor (TAO) $429.26 ↑ 0.66%
NEAR Protocol NEAR Protocol (NEAR) $2.98 ↑ 2.31%
Ethereum Classic Ethereum Classic (ETC) $23.28 ↑ 2.29%
Pi Pi (PI) $0.45 ↑ 0.91%
Ondo Ondo (ONDO) $1.06 ↑ 0.91%
Internet Computer Internet Computer (ICP) $5.96 ↑ 4.80%
Aptos Aptos (APT) $4.95 ↑ 3.06%
OKB OKB (OKB) $49.38 ↑ 2.70%
Bonk Bonk (BONK) $0.00 ↓ -0.31%
Kaspa Kaspa (KAS) $0.10 ↑ 4.84%
Mantle Mantle (MNT) $0.82 ↑ 1.13%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 2.64%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 1.59%
Algorand Algorand (ALGO) $0.28 ↑ 0.44%
Arbitrum Arbitrum (ARB) $0.47 ↑ 3.79%
Render Render (RENDER) $4.37 ↑ 2.94%
VeChain VeChain (VET) $0.03 ↑ 1.72%
GateToken GateToken (GT) $18.31 ↑ 2.63%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
Worldcoin Worldcoin (WLD) $1.22 ↑ 5.27%
SPX6900 SPX6900 (SPX) $2.25 ↑ 14.58%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.33 ↑ 1.95%
Sky Sky (SKY) $0.10 ↑ 0.84%
Sei Sei (SEI) $0.35 ↑ 2.65%
Cosmos Cosmos (ATOM) $4.87 ↑ 1.96%
Filecoin Filecoin (FIL) $2.77 ↑ 3.33%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.77 ↑ 5.33%
Jupiter Jupiter (JUP) $0.61 ↑ 5.60%
Story Story (IP) $5.91 ↑ 7.59%
Flare Flare (FLR) $0.02 ↑ 1.88%
Injective Injective (INJ) $16.13 ↑ 5.93%
Quant Quant (QNT) $129.48 ↑ 3.03%
Celestia Celestia (TIA) $2.06 ↑ 5.82%
XDC Network XDC Network (XDC) $0.09 ↑ 2.25%
KuCoin Token KuCoin Token (KCS) $11.59 ↑ 0.97%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.02%
Optimism Optimism (OP) $0.82 ↑ 12.68%
Curve DAO Token Curve DAO Token (CRV) $1.03 ↓ -4.62%
Fartcoin Fartcoin (FARTCOIN) $1.39 ↑ 4.73%
Stacks Stacks (STX) $0.85 ↑ 4.57%
Four Four (FORM) $3.48 ↑ 2.95%
PancakeSwap PancakeSwap (CAKE) $3.29 ↑ 16.70%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.47%
Immutable Immutable (IMX) $0.60 ↑ 2.48%
dogwifhat dogwifhat (WIF) $1.14 ↑ 5.77%
Ethereum Name Service Ethereum Name Service (ENS) $30.98 ↑ 2.35%
The Graph The Graph (GRT) $0.11 ↑ 3.99%
Lido DAO Lido DAO (LDO) $1.18 ↑ 8.51%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 0.95%
Kaia Kaia (KAIA) $0.17 ↑ 1.14%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -1.06%
Sonic Sonic (S) $0.34 ↑ 0.94%
Tezos Tezos (XTZ) $0.91 ↑ 3.25%
Conflux Conflux (CFX) $0.19 ↑ 0.75%
PAX Gold PAX Gold (PAXG) $3,342.63 ↓ -0.40%
Theta Network Theta Network (THETA) $0.94 ↑ 4.49%
Vaulta Vaulta (A) $0.58 ↑ 0.71%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.02%
Raydium Raydium (RAY) $3.36 ↑ 9.18%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.34%
IOTA IOTA (IOTA) $0.22 ↑ 0.45%
Nexo Nexo (NEXO) $1.33 ↑ 1.80%
Gala Gala (GALA) $0.02 ↑ 3.55%
Tether Gold Tether Gold (XAUt) $3,340.42 ↓ -0.16%
The Sandbox The Sandbox (SAND) $0.32 ↑ 0.94%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 6.14%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 0.98%
Pendle Pendle (PENDLE) $4.68 ↑ 6.76%
Jito Jito (JTO) $2.07 ↑ 3.69%
Bitcoin Bitcoin (BTC) $118,898.58 ↑ 0.69%
Ethereum Ethereum (ETH) $3,888.77 ↑ 3.02%
XRP XRP (XRP) $3.26 ↑ 2.24%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $855.54 ↑ 7.35%
Solana Solana (SOL) $191.87 ↑ 2.72%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 2.30%
TRON TRON (TRX) $0.32 ↑ 0.18%
Cardano Cardano (ADA) $0.83 ↑ 1.60%
Hyperliquid Hyperliquid (HYPE) $44.35 ↑ 2.93%
Sui Sui (SUI) $4.23 ↓ -0.31%
Stellar Stellar (XLM) $0.44 ↑ 0.54%
Chainlink Chainlink (LINK) $19.21 ↑ 2.72%
Hedera Hedera (HBAR) $0.28 ↓ -0.38%
Bitcoin Cash Bitcoin Cash (BCH) $578.40 ↓ -1.05%
Avalanche Avalanche (AVAX) $26.72 ↑ 7.02%
Litecoin Litecoin (LTC) $114.34 ↑ 0.63%
Toncoin Toncoin (TON) $3.41 ↑ 3.09%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.58%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.14%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.02%
Uniswap Uniswap (UNI) $11.03 ↑ 4.74%
Polkadot Polkadot (DOT) $4.25 ↑ 2.45%
Monero Monero (XMR) $325.68 ↓ -0.51%
Bitget Token Bitget Token (BGB) $4.67 ↑ 2.00%
Pepe Pepe (PEPE) $0.00 ↑ 3.06%
Dai Dai (DAI) $1.00 ↓ -0.01%
Cronos Cronos (CRO) $0.15 ↑ 4.22%
Aave Aave (AAVE) $306.47 ↑ 3.29%
Ethena Ethena (ENA) $0.69 ↑ 13.16%
Bittensor Bittensor (TAO) $429.26 ↑ 0.66%
NEAR Protocol NEAR Protocol (NEAR) $2.98 ↑ 2.31%
Ethereum Classic Ethereum Classic (ETC) $23.28 ↑ 2.29%
Pi Pi (PI) $0.45 ↑ 0.91%
Ondo Ondo (ONDO) $1.06 ↑ 0.91%
Internet Computer Internet Computer (ICP) $5.96 ↑ 4.80%
Aptos Aptos (APT) $4.95 ↑ 3.06%
OKB OKB (OKB) $49.38 ↑ 2.70%
Bonk Bonk (BONK) $0.00 ↓ -0.31%
Kaspa Kaspa (KAS) $0.10 ↑ 4.84%
Mantle Mantle (MNT) $0.82 ↑ 1.13%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 2.64%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 1.59%
Algorand Algorand (ALGO) $0.28 ↑ 0.44%
Arbitrum Arbitrum (ARB) $0.47 ↑ 3.79%
Render Render (RENDER) $4.37 ↑ 2.94%
VeChain VeChain (VET) $0.03 ↑ 1.72%
GateToken GateToken (GT) $18.31 ↑ 2.63%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
Worldcoin Worldcoin (WLD) $1.22 ↑ 5.27%
SPX6900 SPX6900 (SPX) $2.25 ↑ 14.58%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.33 ↑ 1.95%
Sky Sky (SKY) $0.10 ↑ 0.84%
Sei Sei (SEI) $0.35 ↑ 2.65%
Cosmos Cosmos (ATOM) $4.87 ↑ 1.96%
Filecoin Filecoin (FIL) $2.77 ↑ 3.33%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.77 ↑ 5.33%
Jupiter Jupiter (JUP) $0.61 ↑ 5.60%
Story Story (IP) $5.91 ↑ 7.59%
Flare Flare (FLR) $0.02 ↑ 1.88%
Injective Injective (INJ) $16.13 ↑ 5.93%
Quant Quant (QNT) $129.48 ↑ 3.03%
Celestia Celestia (TIA) $2.06 ↑ 5.82%
XDC Network XDC Network (XDC) $0.09 ↑ 2.25%
KuCoin Token KuCoin Token (KCS) $11.59 ↑ 0.97%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.02%
Optimism Optimism (OP) $0.82 ↑ 12.68%
Curve DAO Token Curve DAO Token (CRV) $1.03 ↓ -4.62%
Fartcoin Fartcoin (FARTCOIN) $1.39 ↑ 4.73%
Stacks Stacks (STX) $0.85 ↑ 4.57%
Four Four (FORM) $3.48 ↑ 2.95%
PancakeSwap PancakeSwap (CAKE) $3.29 ↑ 16.70%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.47%
Immutable Immutable (IMX) $0.60 ↑ 2.48%
dogwifhat dogwifhat (WIF) $1.14 ↑ 5.77%
Ethereum Name Service Ethereum Name Service (ENS) $30.98 ↑ 2.35%
The Graph The Graph (GRT) $0.11 ↑ 3.99%
Lido DAO Lido DAO (LDO) $1.18 ↑ 8.51%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 0.95%
Kaia Kaia (KAIA) $0.17 ↑ 1.14%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -1.06%
Sonic Sonic (S) $0.34 ↑ 0.94%
Tezos Tezos (XTZ) $0.91 ↑ 3.25%
Conflux Conflux (CFX) $0.19 ↑ 0.75%
PAX Gold PAX Gold (PAXG) $3,342.63 ↓ -0.40%
Theta Network Theta Network (THETA) $0.94 ↑ 4.49%
Vaulta Vaulta (A) $0.58 ↑ 0.71%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.02%
Raydium Raydium (RAY) $3.36 ↑ 9.18%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.34%
IOTA IOTA (IOTA) $0.22 ↑ 0.45%
Nexo Nexo (NEXO) $1.33 ↑ 1.80%
Gala Gala (GALA) $0.02 ↑ 3.55%
Tether Gold Tether Gold (XAUt) $3,340.42 ↓ -0.16%
The Sandbox The Sandbox (SAND) $0.32 ↑ 0.94%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 6.14%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 0.98%
Pendle Pendle (PENDLE) $4.68 ↑ 6.76%
Jito Jito (JTO) $2.07 ↑ 3.69%
Home Cryptocurrency

Solv Protocol Surpasses Solana in Fee Revenue: A New Contender Rises

David Moore by David Moore
6 October 2024
in Cryptocurrency, News
Reading Time: 1 min read
0
the rise of Solv Protocol surpassing Solana in fee revenue The image features symbols of Solv Protocol Bitcoin and So

In the past 24 hours, Solv Protocol has outperformed Solana in protocol fee revenue, securing $1.48 million, according to DefiLlama. This impressive growth has placed Solv Protocol at the 6th spot among the top decentralized finance (DeFi) platforms.

Table of Contents

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  • Solv Protocol Overtakes Solana and Uniswap
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  • Other High-Earning Crypto Projects

Solv Protocol Overtakes Solana and Uniswap

With $1.48 million in fees, Solv Protocol surpassed both Solana, which generated $1.24 million, and Uniswap, which earned $1.15 million in the same period. This achievement highlights the increasing traction that Solv Protocol is gaining within the decentralized finance space.

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Solv Protocol, primarily known as a Bitcoin staking platform, boasts a total value locked (TVL) of $1.4 billion, making it the leader in the BTCFi ecosystem. Through its SolvBTC staking product, the platform aims to unlock over $1 trillion in potential Bitcoin assets, further solidifying its position.

representation of Solv Protocol surpassing Solana in fee revenue The scene should feature a bold visual comparison between

ADVERTISEMENT

Other High-Earning Crypto Projects

According to DefiLlama’s data, Tether maintained its dominance by leading the charts with $13 million in fees, followed by stablecoin issuer Circle, which generated $4 million. In third place was Lido, an Ethereum restaking platform, with $2 million.

With the upcoming launch of SOLV, the native token of Solv Protocol, in the second half of 2024, the platform is set to gain even more attention. Its rapid rise in the fee revenue rankings signals a growing presence in the ever-evolving DeFi landscape.

Stay tuned to Turkish NY Radio for further updates on the DeFi sector and emerging cryptocurrency trends.

Tags: Bitcoin stakingdecentralized financeSolanaSolv ProtocolUniswap
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David Moore

David Moore

I am a writer/editor and aspiring author with a high level of editing, writing, communication, leadership and research skills. I possess the proven ability to copy edit, write, fact check, format, calculate and verify numbers/percentages, interview people, perform research, teach and produce something meaningful from scratch. I've worked in various industries and in a number of team environments, including in support roles. In addition to my identity as a financier, I have had the opportunity to write editorial in other sectors throughout my life. Without saying no to these demands, I tried to expand my range and go beyond the field of finance. I have experience editing academic course material, financial services/investment copy, valuation/appraisal content, packaging/caution language and marketing/promotional material. I was on the basketball team when I was in college, but after I got injured, I continued to support the coach and my teammates. I learned leadership skills and continued to coach basketball teams. I've managed young people, and excelled in a number of office cultures. I’m currently working as a Financial Editor for different digital news channels, with contents about personal finance management and cryptocurrencies. economy

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