In July, Raydium, pump.fun, and Jito became the top three protocols in terms of fee income within the Solana ecosystem

Data shows that in the past few months, Solana's on-chain transaction volume has significantly increased. Additionally, the number of daily active addresses has surged, recently surpassing 2 million (7-day MA), with a large influx of users into an ecosystem dominated by DApps such as Raydium, pump.fun, and Jito. Among these DApps, Raydium has become the main source of fee income for Solana. In July, this DEX had a trading volume of $30 billion USD making it the second largest DEX trading volume after Uniswap. At the same time according to DeFiLlama data, Raydium's revenue in July exceeded $65 million USD while June's revenue was $33 million USD; pump.fun generated over $28 million USD in fees in July which is its highest monthly fee since its launch; moreover in July validators collected approximately $36 million USD MEV fees using Jito client which is a 26% increase from June.(The Block)