The live price of Jito is - per (JTO / USD) with a current market cap of $632.70M USD. 24-hour trading volume is - USD. JTO to USD price is updated in real-time. Jito is -% in the last 24 hours with a circulating supply of 329.46M.
| Date Comparison | Amount Change | % Change |
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| Today | - | 0% |
| 30 Days | - | 0% |
| 60 Days | - | 0% |
| 90 Days | - | 0% |
Jito Network is a liquid staking protocol on Solana. Users of the protocol can stake SOL and receive JitoSOL in return. In addition to staking rewards, the liquid staking token of Jito Network also earns MEV rewards. JTO is the governance token of the Jito Network.
Jito Network empowers the Solana ecosystem through its JitoSOL liquid staking pool and various Maximal Extractable Value (MEV) products. The protocol allows users to exchange SOL for JitoSOL, enabling them to benefit from SOL liquidity and DeFi capabilities, while also earning additional rewards through staking. What makes JitoSOL unique is that its holders can also receive extra reward income from transaction fees generated by MEV activity on Solana.
MEV refers to the potential profits generated by ordering transactions in specific ways. The Jito Foundation was established to mitigate the negative impacts of MEV, fairly distribute MEV earnings, and increase transparency in the process. Jito has launched an open-source validator client designed to create a competitive environment for MEV extraction. This client introduces an auction system in each block, allowing traders to bid for the right to extract MEV from that block. The highest bidder in each block then gains the opportunity to profit from MEV.
JTO is the native token of the Jito Network, empowering holders to make key decisions that guide the network's development and ensure alignment with users and the broader Solana ecosystem. JTO token holders carry several responsibilities, including setting JitoSOL staking pool fees, adjusting delegation strategies by managing StakeNet program parameters, overseeing the DAO’s JTO treasury and JitoSOL revenue, and contributing to the continuous improvement of the Jito protocol and its products.
Jito Labs focuses on developing Maximal Extractable Value (MEV) infrastructure for the Solana blockchain. Its mission is to improve Solana’s efficiency, reduce the negative impact of MEV on users, and increase the MEV benefits distributed to users and stakers.
The circulating supply of JTO tokens is 115,000,000, with a total supply of 1,000,000,000 tokens.
JTO is the native token of the Jito Network and plays a key role in its governance. With this token, holders can influence the network’s development in alignment with user needs and the broader Solana ecosystem. JTO token holders have several critical responsibilities, such as setting the JitoSOL staking pool fee, managing the StakeNet program parameters to adjust delegation strategies, overseeing the DAO’s JTO treasury and JitoSOL revenue, and actively contributing to the ongoing improvement of the Jito protocol and products.
The Jito to other currencies exchange rate?
