Sanctum became the fourth-largest protocol on Solana in Q2. Here’s how it happened ↓
Bookmark the complete Sanctum Quarterly before you continue:
• Sanctum grew from 8.67M to 12.3M SOL in AUM, earning over $1.1M in revenue along the way. • Along with becoming the fourth-largest on Solana, Sanctum became the 22nd largest protocol across all of crypto. • CLOUD grew to a $37.96M market cap.
• Protocol AUM is split between Sanctum Stake, Sanctum Infinity, and Sanctum Router & Reserve. • Infinity led in AUM, while Sanctum Stake drove the most protocol revenue.
• Sanctum acquired @IronforgeCloud and launched Gateway, expanding into a new product vertical: transaction infrastructure. Gateway acts as air traffic control for landing transactions, keeping applications running smoothly even during high-congestion network periods. • CLOUD MC:ARR Multiple reached 8.47x.
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