JTO is the governance token of the Jito Network. Jito Network is a major contributor to the Solana ecosystem through its JitoSOL liquid staking pool, and its collection of MEV products. Users can exchange their SOL for JitoSOL. In return, holders maintain SOL’s liquidity and DeFi opportunities while earning yield from staking. JitoSOL uniquely provides its holders with additional rewards from transaction revenue associated with MEV extraction on Solana. Maximum extractable value (MEV) describes profit opportunities attributable to the specific order of transaction execution. For example, a large swap on Orca can lower the pool’s price below that of Raydium or Serum. Traders will race to profit from that price difference and this arbitrage is considered MEV. The Jito Foundation was created to minimize the negative impacts of MEV, equitably distribute the profits and increase transparency. Jito published an open source validator client designed to create a competitive market for MEV extraction. The client enables auctions within each block for the opportunity to capture that block’s MEV. Traders submit bids, and the highest bidders within each block can harvest available MEV.
News
Jito's @aajxbt is on Risk On Pod. One of the most knowledgable people in the space on crypto. Check it out. https://x.com/RiskOnPod/status/2079613797329993762
NEW: tradingFloor goes LIVE on X Wednesday 11am ET. Join Finn & Thomas as they find the best trades, challenge the theses, and place or reject them LIVE. Guests: - Jito Labs Co-Founder & CEO @buffalu__ - Solana ID Co-Founder @simonmolitor - Agency Labs Founder @jonnyjpgs
Jito Labs 推出 Solana 自托管交易平台 JTX，首批支持 cbBTC、SOL、HYPE、Meme 币，以及代币化股票和 ETF 等资产现货交易，并提供限价单、自动执行和条件订单等专业工具。JTX 将把 80% 的交易手续费收入分配给 Jito DAO，用于回购并销毁 JTO，其余 20% 分配给推荐人。平台后续计划上线永续合约、预测市场及原生移动应用。（The Block ） wublock123.com/news/jito-laun…
we always normalized bad trading experience... now here's why @jito_sol's @jtx_trade on @solana is trying to change that.
RT @stacy_muur: TVL is the laziest way to evaluate a protocol. That becomes clear when you compare @LidoFinance and @jito_sol. Jito ($786…
📽️ Will @jtx_trade fees be used for $JTO buybacks, in a bid to align incentives with token holders? JIP-38 suggests 100% of Jito DAO’s fee share be routed for programmatic $JTO buybacks and burns, establishing Jito as a token-centric network👇
Build with CMC (DIY): How to Build a Jito MEV Bundle Bot Build a Solana MEV system that uses CoinMarketCap API for opportunity discovery and Jito for bundle-based execution. Learn More https://coinmarketcap.com/academy/article/how-to-build-a-jito-mev-bundle-bot-with-coinmarketcap-api
Major Project Updates: > The Ethereum Foundation spins out EthSystems to build private, confidential settlement layers for institutions. > Stripe's Tempo L1 introduces Receive Policies, letting users customize which tokens and senders an account accepts. > Jito will use fees from its JTX trading pl
interesting thing here is that the core protocol is thinking much longer term than this even, Jito has acted like a chain hyper optimiser. making solana better in between major chain upgrades. exciting that we've gone consumer now. now we can optimise around the whole user experience.
This is why you've got to look past basic metrics. Everyone's TVL is down does mean the project is bad. Also, Jito has intentionally compressed its own margins because it's good for the chain. Somone's got to think long term https://x.com/minnus/status/2077803678405476751