Jito's JTX Goes Live, Giving Solana DeFi Its First Professional-Grade Trading Venue
Jito Labs launches JTX, an institutional-grade on-chain exchange built on Solana's execution infrastructure, with a governance proposal to route 80% of all protocol revenue to $JTO buybacks and burns.
Jito Labs has officially launched JTX — short for Jito Exchange — marking the arrival of Solana's first professional-grade, self-custody trading venue. Built by the same team behind the Jito Block Engine and Block-Auction Mechanism that powers over 250 million daily Solana transactions, JTX brings CEX-equivalent execution quality to on-chain traders for the first time, without sacrificing custody.
What JTX Actually Is
At launch, JTX supports the full breadth of Solana's spot markets, including its rapidly expanding real-world asset (RWA) sector. Perpetual futures and prediction markets are slated for future phases. Co-founder and CEO Lucas Bruder described the platform as bringing