I recently read an English analysis and casually organized it. When individual investors are fighting for their lives in Solana's casino, The one who really takes the money is never the winner at the gambling table, But it's the person who sells shovels. A meme seal from the past, Solana's' shovel selling system ' More than 4 billion US dollars were withdrawn in total. 1. Launchpad (coin issuing platform) ≈ 1 billion US dollars The undisputed first place: http://Pump.fun Collected $900 million in transaction fees on Solana The SOL earned has basically hit the market all the way However, recently we have started to repurchase 100% of our revenue from PUMP Other launch pads: LetsBONK. Fun, Bags, etc Together, we will withdraw approximately $100 million 2. Liquidity pool/market making infrastructure ≈ 350 million US dollars •Raydium + Meteora Total revenue of approximately 180 million US dollars Pump.fun's built-in PumpSwap Over 60 million US dollars 3. TG Bot+on chain trading terminal ≈ 1.6 billion US dollars Axiom The fastest growing project in YC's history Less than $350 million in annual revenue Photon • More ruthless: 440 million US dollars Telegram trading robot Users paid a total of $500 million in transaction fees to make cryptocurrency trading more convenient on their mobile phones The biggest winner: Trojan (formerly Unibot): $205 million • Exceeding the veteran BonkBot (approximately 90 million) SolTrading: Approximately $50 million Other robots and terminals combined amount to 400 million US dollars 4. Package transaction/MEV ≈ 800 million US dollars Essentially, it is MEV+racing tool All core tools of rug (running wheel) Package transactions from Jito protocol Received $800 million in handling fees in one year 5. Dev/project party ≈ 500 million US dollars+ This number is difficult to accurately calculate, but the lower limit is not low: •Hayden Davis (Creator of projects such as LIBRA and MELANIA) A team earned 200-300 million US dollars In addition: Pumpfun provides at least $60 million in creator fees to the project team