{
  "url": "https://blockindex.ai/coin/jto",
  "name": "Jito Network",
  "links": {
    "github": null,
    "website": "https://www.jito.network/",
    "whitepaper": null
  },
  "dScore": 34,
  "market": {
    "priceUsd": 0.71382791068276,
    "marketCapUsd": 346069455.596186,
    "volume24hUsd": 91167332.88614298,
    "priceChange7dPct": 33.30691482,
    "priceChange24hPct": -1.56068382
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 484807963.4,
    "circulatingPct": null
  },
  "ticker": "JTO",
  "founder": "N/A",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:32.737233+00:00",
  "fairLaunch": false,
  "launchYear": 2023,
  "description": "Jito Network (JTO) is a Solana‑ecosystem project that combines liquid staking with MEV (Maximum Extractable Value) infrastructure and governance to increase yield for Solana stakers. The core product suite centers on JitoSOL, a liquid staking token that accrues both staking rewards and MEV revenue; an open‑source validator client that enables per‑block MEV auctions; TipRouter, a mechanism for decentralized MEV tip distribution; and StakeNet, an automated stake management system. The project positions itself as a bridge between staking liquidity and MEV capture, offering composable LSTs, validator tooling, and on‑chain governance to steer protocol parameters and treasury allocations. These elements form a cohesive value proposition: higher realized stake yields for users, transparent MEV capture and distribution, and composability with Solana DeFi.\n\nTechnically, Jito is implemented as an application protocol within the Solana ecosystem and issues JTO as a Solana SPL governance token. The project publishes an open‑source validator client (license type not specified in the provided sources) which participates in block production and enables MEV auction mechanics. TipRouter encodes how MEV tips are split—according to project material roughly 6% of MEV tips are allocated across DAO and stakeholders in defined proportions—and StakeNet handles dynamic stake management and validator selection to optimize yield. The architecture therefore blends Solana’s high‑throughput execution model with application‑level tooling for bundle submission, tip routing, and validator stewardship. Jito also integrates with existing Solana DeFi primitives (Jupiter, Raydium, Orca, Serum) to provide liquidity and swaps for JitoSOL and other composable assets.\n\nFrom a use‑case perspective, Jito’s principal audience comprises Solana stakers, liquid staking users, validators seeking MEV-aware tooling, and DeFi protocols requiring composable staking derivatives. JitoSOL is positioned as a yield‑bearing, tradable representation of staked SOL that passively accrues both staking and MEV income; this makes it useful in lending, automated strategies, and liquidity pools. JTO token holders participate in governance decisions affecting fees, treasury deployment, and protocol parameters—governance activity and executed proposals are recorded on gov.jito.network. Integrations with DEX aggregators and liquidity strategies such as Kamino increase composability and make JitoSOL usable across the Solana DeFi stack.\n\nTokenomics and economic design details in the supplied materials are partial: CoinMarketCap snapshots report a total supply observed at ~996.23M JTO and a circulating supply snapshot of ~414.73M JTO, with historical price milestones including an ATH of $5.61 (2023‑12‑07) and an ATL reported in the provided snapshot (2025‑12‑18). The sources do not provide a full breakdown of initial allocations, premine percentages, or founder/VC allocation decimals; where distribution mechanics are described, they relate primarily to MEV tip allocation and on‑chain treasury governance rather than native issuance or block‑reward splits. The project references a Jito Foundation and on‑chain governance (Jito DAO / Security Council) to manage treasury and protocol changes.\n\nGovernance and development activity are active within the recorded snapshots: governance proposals are posted and executed through the gov.jito.network portal, and documentation and staking terms are published on jito.network/docs. The project highlights ongoing feature development (validator client, TipRouter, StakeNet), but dated technical release milestones are not comprehensively provided in the supplied files. Overall, Jito presents a focused product stack that seeks to combine liquid staking utility with MEV‑aware validator tooling and token‑based governance to improve yield capture and composability within the Solana ecosystem.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "N/A",
    "parentChain": "SOL"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 9,
    "governance": 25,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}