Solana: Distribution of Network REV

Distribution of transaction fees and MEV tips to stakeholders

About this Chart

Token Holders includes both stakers and non-stakers and therefore accounts for both SOL burned and paid to stakers.

Validators receive all unburned transaction fees (50% of total) and take a commission on Jito Tips. We track validator commission on Jito Tips onchain. Additionally, we categorize all validators with greater than 90% stake commission as self-staked validators, so the commision they take does not count towards the total validator commission. These entities are typically large stakers that run their own validators, so we take a conservative approach for all chains by treating self-staked validators as token holder that has no cost to the network.

Jito labs has a take rate of 5% on the total Jito Tips.

LST Providers (Jito, Marinade, etc.) charge management fees on staking rewards. We apply a stake weighted average management fee to the total Jito Tips to estimate the amount of value passing to these entities.

Note this chart focuses on distribution of REV, so it does not account for any SOL issuance.

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