JTO

Jito · USDT-Perp · Decentralized Finance (DeFi)

$0.4597+4.00% 24h·Mcap $279M · #119·Data via BINANCE

BINANCEOKXBYBITMEXCHTXGATEIOLive

Price

Conviction™ · master

Building · 62 conviction

Constructive setup

Classification

Building

Trend · 30 scans

↓ -1

Model

PyreFi v1

Indicators™ · live read-outproprietary model

Pulse^™

Strong multi-timeframe bullish pulse

Token Market Data

Price$0.4597

24h Change+4.00%

Open (24h)$0.4447

High (24h)$0.4655

Low (24h)$0.438

Market Cap$279M

FDV$517M

Volume 24h$1M

Rank#119

Supply · Circ.532.31M

Supply · Total986.52M

Supply · Max—

About

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.

Decentralized Finance (DeFi)Solana EcosystemLiquid Staking Governance TokensMulticoin Capital PortfolioAlameda Research PortfolioDelphi Ventures PortfolioLiquid StakingMade in USA