Jito current market price is $2.98 with a 24 hour trading volume of $88.98M. The total available supply of Jito is 121.13M JTO with a maximum supply of (Not Available) JTO. It has secured Rank 204 in the cryptocurrency market with a marketcap of $359.45M. The JTO price is -4.7% down in the last 24 hours.
The lowest price of the Jito is $2.97 & the highest price is $3.23 in the last 24 hours. Live Jito prices from all markets and JTO coin market Capitalization. Stay up to date with the latest Jito price movements. Check our coin stats data and see when there is an opportunity to buy or sell Jito at best price in the market.
#204
$2.98
$-0.15 -4.7%
$2.97 / $3.23
$359.45M -4.57%
$88.98M
121.13M JTO
(Not Available) JTO
Want to convert more cryptocurrencies?
-4.7%
-18.31%
-9.02%
-0.36%
34.47%
0%
Compare live prices of Jito on top exchanges.
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.
https://solscan.io/token/jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL
