Rising DeFi Stars: 3 Coins Gaining Momentum in the Crypto Market

• Jupiter (JUP) SOL-powered debit card boosts real-world crypto spending and trading functionalities.
• Jito (JTO) Liquid staking with MEV rewards optimizes staking profits for SOL holders.
• Clearpool (CPOOL) Institutional DeFi lending innovates with unsecured borrowing and dynamic interest rates.

The Solana blockchain system hosts three essential projects including Jupiter (JUP) and Jito (JTO) alongside Clearpool (CPOOL) which bring advanced decentralized finance (DeFi) functionalities to the network. The platforms improve liquidity together with staking functions and institutional borrowing capabilities to strengthen Solana’s position in the market.

Jupiter(JUP): Enhancing DeFi with a SOL-Based Debit Card

Current price: $0.9666

Market cap: $2.54B

JUP operates as a Solana-based decentralized exchange aggregator that enables traders to use Limit Orders combined with Dollar-Cost Averaging (DCA) and Perpetuals Trading features. Traders can use the platform for simple token swapping as well as manage market fluctuations through its effective tools.

Jupiter and Sanctum successfully released a debit card which uses the SOL network to empower users in integrating cryptocurrency across regular spending actions. Jupiter’s ecosystem relies on the 1,350,000,000 JUP tokens circulating in the market to boost accessibility and transaction speed throughout their platform.

Jito(JTO): Maximizing Staking Rewards with MEV

Current price: $3.11

Market cap: $903.77B

Jito introduces liquid staking through JitoSOL, allowing users to stake SOL tokens while earning Maximum Extractable Value (MEV) rewards. The platform uses an open-source validator client to distribute MEV profits equitably, minimizing negative impacts on users.

Jito also launched the governance token JTO, granting holders decision-making power over staking fees and treasury management. This governance model fosters transparency and user participation in the platform’s development.

Clearpool(CPOOL): Decentralized Institutional Borrowing

Current price: $0.3138

Market cap: $229.7B

Clearpool provides a decentralized capital market where institutions access unsecured loans from DeFi liquidity providers. Interest rates fluctuate based on market dynamics, ensuring competitive borrowing costs.

Liquidity providers earn rewards through CPOOL tokens, which also function in governance. Clearpool’s introduction of cpTokens enhances risk management, while a buyback program sustains reward pools, promoting a stable and scalable DeFi lending environment.