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ZEC $891.91 -8.86%
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SNDK $922.37 -2.78%
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SPCX $140.32 +0.49%
MU $792.69 +0.88%
AMD $575.64 +2.29%

The transaction fees for Memecoins on the Solana chain exceed 3 billion dollars, with the largest "whale" spending 130 million dollars

2025-01-16 10:30:47

According to ChainCatcher's message, the "2024 Memecoin Annual Consumption Report" released by ChainCatcher shows that the Solana ecosystem's Meme coin trading has generated over $3.093 billion in fees. Among them, DEX platforms like Raydium lead with a 56% share, earning $1.7 billion; trading bots follow with a 24% share; MEV infrastructure Jito earned $340 million, accounting for 11%; and Pump.fun earned $240 million, making up 8%.

The data also shows a significant user concentration, with the top 10% of users contributing 90% of the fees. The average spending of a single whale user reaches $13,000, with the largest "whale player" spending as much as $130 million in annual trading fees.

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