Drift and Jito are both liquid staking protocols on Solana. Drift focuses on providing instant liquidity for staked SOL, while Jito differentiates itself by incorporating MEV rewards into its liquid staking product. Drift is best suited for users seeking straightforward liquidity, whereas Jito appeals to those wanting additional yield from MEV extraction.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $219.6MDefiLlama | $795.8MDefiLlama |
| MCap Rank | #1270 | #131 |
| Total Raised | $52.3M | $62.1M |
| Founded | 2021 | 2021 |
| Stage | — | — |
| X / Twitter | 0 | 104K |
| GitHub Stars | 395 | — |
| Chains | solana | solana |
| Tags | Derivatives, DeFi, Perp | DeFi, MEV, LSD |
Drift is a decentralized exchange on Solana offering perpetual futures, prediction markets, and liquid staking. It features an Insurance Fund to maintain solvency and recently outlined a recovery plan for users after an exploit.
Jito Network is a major contributor to the Solana ecosystem, offering JitoSOL, the first liquid staking derivative on Solana to include MEV rewards. Users can exchange SOL for JitoSOL, maintaining liquidity and DeFi opportunities while earning yield from staking and additional MEV rewards. JTO is the governance token of the network.