Solana's Liquid Staking Hype: Sanctum Surpasses Jupiter Exchange by $1.66B
Sanctum, a liquid staking protocol on Solana, has surpassed Jupiter Exchange to become the leading protocol by total value locked (TVL), with around $1.66 billion in assets.
This shift reflects growing investor preference for yield-generating staking products over decentralized exchange services.
Sanctum's innovative Infinity pool enables shared liquidity across many liquid staking tokens, boosting its TVL to represent 2.72% of all circulating SOL.