Jito JTO
1. Summary
- Price
-
$3.54 -6.9%
- Market Cap
- $464.70M (#206)
- Supply
- 124.69M / 1.00B
- Description
-
Jito
Jito
Jito is a liquidity staking protocol on the Solana network, increasing staking yields by capturing Maximal Extractable Value (MEV) and reducing congestion on the Solana network. Users can deposit SOL into the Jito platform to receive an equivalent value of JitoSOL tokens. JitoSOL accumulates staking rewards over time. Users can unlock and exchange their JitoSOL for SOL tokens.
JitoSOL and Staking Rewards
The Jito platform allows users to stake SOL, receiving JitoSOL tokens that accrue value from both staking rewards and MEV rewards. This enables users to earn yield while also maintaining capital efficiency via DeFi integrations. JitoSOL holders can earn yield from validators while also accruing interest in lending protocols or yield farming.
Governance Token: JTO
The governance token, JTO, allows community members to have a direct impact on the decision-making and direction of the Jito network. JTO is used for governance, granting holders voting rights to set fees for the JitoSOL staking pool. The initial supply of JTO is 1 billion tokens, with a specific allocation plan for community growth, core contributors, ecosystem development, and investors.
Markets and Participation
As of November 2023, JitoSOL became the largest liquid staking token on Solana, surpassing Marinade. The project has seen significant growth, with increased Total Value Locked (TVL) and a rapidly expanding user base.
Technical and Functional Improvements
To address network congestion issues, Jito has developed its client to eliminate garbage transactions associated with Maximal Extractable Value (MEV). This client encourages validators to run the software, offering rewards to stakers and enhancing overall network efficiency.
Price | |
52W High price | $4.96 |
52W High date | 4th Apr 2024 (7 months ago) |
All Time High (ATH) Date | 7th Dec 2023 (11 months ago) |
ATH Price | $6.01 |
% From ATH | -60.82% |
All Time Low (ATL) Date | 8th Jan 2024 (10 months ago) |
ATL Price | $1.45 |
% From ATL | 62.24% |
Supply & Trading Volume | |
Trading Volume (24h) | $159.05M |
Total Supply | 1.00B |
Circulating Supply | 124.69M |
JTO
How does Jito's (JTO) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-3.2%
JTO
-1.3%
Similar Market Cap
60 Day Return
-3.0%
JTO
-8.3%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
---|---|
Active Reddit Users (past 24h) | |
Discord users | |
Active Discord Users | |
Telegram Users | 3,538 |
Twitter followers | 74,049 |
-
cryptobriefing.com/crypto-token-unlocks-december/
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/business/2024/11/21/jito-token-holders-slated-for-payday-under-tiprouter-prop...
-
coindesk.com/price/jito
-
coindesk.com/price/jito
-
coindesk.com/price/jito
-
coindesk.com/price/jito
-
coindesk.com/price/jito
-
ambcrypto.com/?p=415493
-
ambcrypto.com/?p=415493
-
ambcrypto.com/?p=415493
-
ambcrypto.com/?p=415493
-
ambcrypto.com/?p=415493
-
cryptobriefing.com/jito-solana-restaking-service/
-
cryptobriefing.com/jito-solana-restaking-service/
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://www.jito.network/ |
---|---|
Explorer | https://solscan.io/token/jtojtomepa8beP8AuQc6eXt5F... |
@jito_sol |
What is the correct contract address for Jito?
Solana | jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL |
---|
Has Jito been audited for security?
No security audits found for this project.
Are you the owner of Jito? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.