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Jito Labs JTO Price $ 3.38
Rank: 197
2164 Watchlists
DeFi
JTO Price
General Info
Contracts/Explorers:
Solana
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Description
Jito is the liquid staking service for Solana that distributes MEV (maximum extractable value) rewards to holders
Jito Labs (JTO) Chart
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JTO
What is Jito Labs (JTO)?
Jito's liquid staking token is unique in two ways:
JitoSOL provides additional rewards to users from MEV transactions happening on Solana
Jito exclusively stakes with validators that run software designed to improve network performance. The improvements from the introduction of an auction mechanism so network congestion is less likely.
JitoSOL automatically accrues value from staking and MEV rewards. The token allows users to earn yield while also maintaining capital efficiency via DeFi integrations. JitoSOL holders can earn yield from validators while also accruing interest in lending protocols or yield farming.Jito's goal is to provide the best yield for JitoSOL while improving Solana's network.
Jito Labs Price Today
Jito Labs's current price is $ 3.38, it has dropped -4.73% over the past 24 hours.
Jito Labs's All Time High (ATH) of $ 5.27 was reached on 3 Apr 2024, and is currently -35.9% down.
The current circulating supply of Jito Labs is 115.00 Million tokens, and the maximum supply of Jito Labs is 1.00 Billion.
Jito Labs’s 24 hour trading volume is $ 59.35 Million.
Jito Labs's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 388.31 Million.
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