Jito, a powerhouse in Solana’s DeFi ecosystem, has officially joined the restaking race—and it’s off to a strong start. The protocol’s newly launched restaking feature has already attracted $25 million in TVL, making it the second-largest restaking project on Solana in a matter of hours.

The perpetual exchange aims to enhance its market presence by leveraging Solana’s large network of traders.

The platform enables users to lock their Bitcoin, gain validation rights on PoS chains, and earn yield in return.

Penpie is currently on hold and seeking negotiations with the hacker to recover the stolen funds. Pendle continues to operate as usual.

Quickly becoming a top contender, Symbiotic leverages Lido’s backing to position itself against EigenLayer in the restaking market.

By introducing these features, the company ensures that users understand the impact of their transactions and remain protected from suspicious smart contracts, phishing websites, and compromised dApps.

A relatively small segment of decentralized finance aims to replicate the processes and workflows of traditional financial institutions in the digital asset realm.

Solv Protocol emerges as a major player in DeFi. The recent partnership with Ethena allows Bitcoin owners to earn between 10-15% APY by using Ethena’s strategies through Solv’s new yield vault.