TL;DR:
- Jito Labs launched JTX, a self-custody trading platform on Solana that combines CEX-level speed with full control over funds.
- JTX offers professional tools such as stop-loss orders, preconfigured strategies and TradingView charts, and plans to add perpetual futures and prediction markets.
- A portion of the revenue generated by JTX will return to the protocol, directly benefiting holders of the JTO token.
Jito Labs unveiled JTX at the Solana Accelerate conference, held in Miami, Florida. It is the company’s first tool designed specifically for traders, and it aims to replicate the speed and functionality of centralized exchanges without requiring users to give up control of their assets.
Unlike platforms such as Coinbase or Binance, JTX operates under a self-custody model: funds remain in the user’s hands at all times. The platform incorporates stop-loss orders, preconfigured trading strategies and detailed market charts provided by TradingView, targeting more sophisticated profiles that today operate primarily in centralized environments.
The Optimal Moment Jito Chose
The launch aims to capitalize on the strong activity recorded on Solana. According to Jito Labs, the network’s decentralized exchanges processed more than one trillion dollars in volume over the past year. Despite that growth, the company notes that most advanced trading continues to take place on centralized platforms or on other blockchains.
Lucas Bruder, Chief Technology Officer at Jito Labs, summarized the central argument behind JTX: “Solana’s infrastructure is the best in the world, it processes more daily transactions than all other blockchains combined. JTX is what happens when you aim that at traders who have outgrown what’s currently being built for them. It out-executes a CEX. It doesn’t take your keys. That’s the pitch.”
Benefits for JTO Holders
Jito also plans to expand JTX’s product offering with perpetual futures and prediction markets. A relevant portion of the revenue generated by the platform will return to the protocol, representing a direct benefit for holders of the JTO token.
For now, JTX is available to those who sign up for the waitlist, with early access expected in the coming weeks.
