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VisitSanctum Surpasses $1 Billion in TVL, Becomes 4th Largest Protocol on Solana Blockchain
Jun 5, 2024, 12:12 PM
Sanctum, a decentralized finance (DeFi) protocol on the Solana blockchain, has surpassed $1 billion in Total Value Locked (TVL). This milestone makes Sanctum the fourth largest protocol on Solana, following Jito, Marinade, and Kamino. The achievement highlights the rapid growth and increasing adoption of Sanctum within the DeFi space. The protocol's success is attributed to the efforts of its team, including notable contributors such as @soleconomist and @eggpanned.
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Increase by over 100% • 25%
Increase by 50-100% • 25%
Increase by 10-50% • 25%
Less than 10% increase • 25%
Fully implemented with additional features • 33%
Implemented as initially planned • 33%
Implementation delayed or modified • 33%
With a major DeFi protocol • 33%
With a major financial institution • 33%
With a major technology company • 33%
51-75% • 25%
76-100% • 25%
26-50% • 25%
0-25% • 25%