The decentralized liquid staking platform Jito (JTO) has achieved a significant milestone by surpassing Lido (LDO) in 24-hour fee generation, making it the top fee-generating protocol across all blockchains. This Solana-backed platform collected $3.27 million in fees, compared to Lido’s $2.94 million.
Despite this daily success, Lido leads in weekly fee collection with $20.83 million against Jito’s $11.12 million. Jito is an MEV-supported liquid staking protocol for SOL, while Lido serves Ethereum and Polygon.
Market performance shows JTO rising 0.58% to $3.16, while LDO gained 2.64% to $1.64. Jito’s achievement may boost its platform value and JTO token demand, as increased fee collection enhances ecosystem interest.
