JTX: Jito Launches Self-Custody Trading Platform, Directly Challenging CEXs Jito has done what many infrastructure teams have dared not attempt—moving directly from底层 protocols to consumer products. JTX is the result. ① JTX is a self-custody trading platform launched by Jito at the Solana Accelerate conference. A waitlist opens in May, with full launch in July. It supports spot trading, stop-loss orders, OCO, preset strategies, and TradingView charts. Future expansions include perpetual contracts (in collaboration with Phoenix) and prediction markets. ② Key Design: 80% of revenue flows back to the protocol (benefiting JTO holders), while 20% is reinvested into product development. JIP-38 proposes that 100% of JTX fees allocated to the DAO be used to repurchase and burn JTO. This means JTX is not merely a trading tool—it’s a value-capture engine for JTO. ③ To be honest, I’ve always been skeptical of infrastructure teams building consumer products—most historical attempts have failed. But Jito is different. It has the execution advantage of the Jito Block Engine, access to MEV data, and $50 million in funding from a16z. CEO Lucas Bruder put it bluntly: “We’re no longer waiting for third parties to build products on top of our infrastructure.” My assessment: JTX’s real competitors aren’t Coinbase—it’s on-chain trading terminals like Photon and Axiom. If JTX delivers superior fill quality compared to its rivals, it will rapidly capture market share from active traders. And if the combination of “self-custody + CEX-grade experience” proves viable, it will fundamentally reshape user expectations for DeFi trading. @solana @Solana_zh @JitoNetwork #JTX #Jito #Solana #SelfCustodyTrading