Jito Labs, a core infrastructure provider on Solana, unveiled JTX this week — a self-custody trading platform built to give professional traders CEX-style tools without surrendering control of their funds.
Unveiled at the Solana Accelerate conference in Miami, JTX is the company’s first trader-focused product. It runs on Solana and lets users trade directly from their own wallets, avoiding custody by centralized exchanges like Coinbase or Binance. Jito says the platform is designed to feel familiar to traders used to centralized venues, while delivering the advantages of onchain trading.
Key features
- Self-custody trading: users keep private keys and funds in their wallets.
- Faster execution: Jito touts execution speeds that rival or exceed centralized exchanges.
- Professional tools: stop-loss orders, preset trade strategies, and in-depth TradingView-powered charts.
Why Jito is launching JTX now
Jito points to a surge in activity on Solana as part of the backdrop for the launch — the company says decentralized exchanges on the network processed over $1 trillion in volume last year. Despite that growth, Jito argues much of sophisticated trading still takes place on centralized platforms or other chains, creating demand for onchain tools that can match CEX capabilities.
Roadmap and token economics
Jito plans to expand JTX with products like perpetual futures and prediction markets. The company also says a significant portion of JTX revenue will be returned to the protocol, benefiting holders of its JTO token.
“Solana’s infrastructure is the best in the world, processing more daily transactions than every other blockchain combined,” said Lucas Bruder, Jito Labs’ CTO. “JTX is what happens when we point that at traders who’ve outgrown what’s currently being built for them. It beats a CEX on execution. It doesn’t take your keys. That’s the pitch.”
Availability
JTX is open for sign-ups via a waitlist, with early access expected soon.
Related coverage: Jito Foundation recently acquired and revived SolanaFloor after a shutdown following a $27 million exploit.
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