Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether.
The decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, surpassing fellow Solana stalwart Pump.fun.
Jupiter outperformed Uniswap, PancakeSwap, Meteora, and Hyperliquid in terms of fee earnings in the last 24 hours.
Jupiter's JUP token experienced a significant price increase, gaining 9.5% over the previous 24 hours.