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📈 The Jito Stake Pool Reached an All-Time High of 16M SOL on Jan. 31 as Stakers Received a Record ~39K SOL in MEV Rewards in January
JitoSOL is Solana’s premier liquid staking token that includes rewards from revenue associated with MEV extraction. The portion of MEV tips received by the stake pool’s validators and distributed back to stakers in the form of MEV rewards has grown over the last 6 months, reaching an all-time high of 13,210 SOL the week ending Jan. 20 (~$2.65M at today’s rate).
✏️ Editor's Note:
Maximal Extractable Value (MEV) refers to the value that can be extracted from blockchain networks by strategically ordering, including, or excluding transactions in the block production process. This value can be captured by various actors including validators, miners, searchers, and arbitrage bots through techniques like frontrunning, backrunning, and sandwich attacks.
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