ChainCatcher message, according to Cointelegraph, the total locked value (TVL) of the Solana blockchain reached a peak of $132.2 billion on September 14, decreasing by more than 34%, to a six-month low of $86.7 billion on Wednesday, and over the past 30 days, TVL has remained below $100 billion. Data from DefiLlama shows that the decline in TVL is mainly due to the staking of liquidity Jito, which has decreased by 53% since mid-September. Other major decentralized applications such as Jupiter DEX, Raydium, and Sanctum have also decreased by 30%, 46%, and 46%, respectively.
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ChainCatcher message, according to Cointelegraph, the total locked value (TVL) of the Solana blockchain reached a peak of $132.2 billion on September 14, decreasing by more than 34%, to a six-month low of $86.7 billion on Wednesday, and over the past 30 days, TVL has remained below $100 billion. Data from DefiLlama shows that the decline in TVL is mainly due to the staking of liquidity Jito, which has decreased by 53% since mid-September. Other major decentralized applications such as Jupiter DEX, Raydium, and Sanctum have also decreased by 30%, 46%, and 46%, respectively.