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.
Where is Jito available for purchase?
You can exchange JTO tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Jito is Binance, notably the JTO/USDT pair, which saw a trading volume of $ 17,18 MLN. in the past day. Additionally, Toobit and HTX are popular alternatives for trading tokens.
What is the highest value Jito (JTO) has ever reached?
Jito (JTO) reached its peak price at 6.01 $ on 07 December 2023, approximately 2 years ago ago. Presently, the current price is -71.54% lower than this all-time high.
What is the historical minimum price for Jito (JTO)?
The minimum price reached for Jito (JTO) was 1.43 $, documented on 07 April 2025, more than 4 months ago. In comparison, the current price is 19.58%, it above this historical low.
What is the fully diluted valuation of Jito (JTO)?
The fully diluted valuation (FDV) of Jito (JTO) stands at $ 1,80 BN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of JTO tokens. The realization of this FDV might take several years depending on the emission schedule of JTO tokens.