【Market Update】$JTO fell about 14% over the past 24 hours, bringing its weekly decline to 17%, as on-chain and derivatives data weakened in tandem.
According to DeFiLlama, Jito’s TVL has shrunk by more than $193 million since October 5 to $1.076 billion. Fees fell 58.6%, from about $533,000 to $221,000. In derivatives, perpetual futures saw net outflows of about $3.8 million over 24 hours, funding rates turned negative, and open interest stood at about $46.93 million. In spot markets, exchanges saw net outflows of about $635,000, possibly as holders withdrew their tokens for long-term holding.
(Source: AMBCrypto)
#Solana #DeFi #JTO
⚠️ Risk Warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.
According to DeFiLlama, Jito’s TVL has shrunk by more than $193 million since October 5 to $1.076 billion. Fees fell 58.6%, from about $533,000 to $221,000. In derivatives, perpetual futures saw net outflows of about $3.8 million over 24 hours, funding rates turned negative, and open interest stood at about $46.93 million. In spot markets, exchanges saw net outflows of about $635,000, possibly as holders withdrew their tokens for long-term holding.
(Source: AMBCrypto)
#Solana #DeFi #JTO
⚠️ Risk Warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risks; please exercise caution.