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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Use USDT/USDC to mint GUSD for treasury-level yields
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Data: Solana TVL drops to a six-month low, down 34% from September's high.
ChainCatcher reports that, according to Cointelegraph, the total value locked (TVL) on the Solana blockchain reached a peak of $13.22 billion on September 14, then dropped over 34%, falling to a six-month low of $8.67 billion on Wednesday, and has remained below $10 billion over the past 30 days.
Data from DefiLlama shows that the decline in TVL is mainly due to Jito liquidity staking, which has decreased by 53% since mid-September. Other major decentralized applications, such as Jupiter DEX, Raydium, and Sanctum Protocol, have also decreased by 30%, 46%, and 46%, respectively.