---
type: entity
entity_type: protocol
name: Jito
domain: internet-finance
status: active
tracked_by: rio
created: 2026-03-25
---

# Jito

## Overview
Jito is core infrastructure on Solana operating across three verticals: MEV infrastructure (Jito-Solana validator client runs on ~94% of Solana active stake), liquid staking (JitoSOL — first Solana LST to include MEV rewards, 14.5M+ SOL staked), and restaking (Node Consensus Networks / NCNs for decentralized services reaching on-chain consensus on off-chain data).

Jito Labs built the Block Engine processing transaction bundles from searchers, generating $750M+ in additional revenue for the Solana network. In 2025, Jito launched BAM (Block Assembly Marketplace) — a decentralized block-building architecture replacing the proprietary Block Engine with open-source, programmable infrastructure.

## Key Details
- **Token:** JTO (1B total supply, ~451M circulating)
- **Contract:** jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL
- **TVL:** ~$2.1B (March 2026)
- **Founded:** 2021 by Lucas Bruder (CEO) and Zanyar Sherwani (CTO)
- **Funding:** $12.1M total ($2.1M seed + $10M Series A led by Multicoin Capital and Framework Ventures)
- **Structure:** Jito Labs (company) + Jito Foundation (non-profit, governs JTO)
- **Website:** jito.network

## Futarchy Adoption
Jito used MetaDAO's futarchy mechanism for JIP-10 (January 2025) — the first futarchy governance decision by one of Solana's largest protocols. The decision approved adding a JTO Vault to the TipRouter NCN, with ~150 trades and $84K trading volume over 5 days. JTO Vault earns 15bps from the 3% TipRouter fee.

## Timeline
- **2021** — Jito Labs founded
- **2023-12** — JTO token airdrop to JitoSOL holders
- **2025-01-13** — [[jito-jto-vault-tiprouter]] passed via MetaDAO futarchy (JIP-10)
- **2025-01-30** — TipRouter NCN went live
- **2025-09** — BAM (Block Assembly Marketplace) launched on mainnet

## Relationship to KB
- [[metadao]] — futarchy governance provider (FaaS customer)
- [[futardio]] — platform used for JIP-10 decision
- [[futarchy adoption faces friction from token price psychology proposal complexity and liquidity requirements]] — Jito adoption demonstrates FaaS reaching major Solana protocols
