
Lark Davis|Sep 24, 2025 17:52
Jupiter (I have a bag) The daily fees today are 2.6 million, 1.3 million goes to buy backs. Annualized at half a billion if these rates of revenue continue. Current market cap is 1.5 billion. FDV is 3.3 billion.
So current burn rate will buy back 33% of circulating / 10% of FDV a year.
#1 TVL for defi on Solana
#1 Perp volume(Lark Davis)
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