JTX Expands Beyond Spot Trading With Equities, Mobile App…

AI summary of the source article

Jito is preparing to broaden its Solana-based self-custodial trading platform, JTX, by introducing expanded equities features, a native mobile application, and eventual perpetual futures. Jito Foundation President Brian Smith announced that equities functionality is expected within two weeks, with the mobile app targeted for later this fall. JTX originally launched in July supporting assets such as SOL, cbBTC, HYPE, memecoins, and tokenized equities and ETFs. Under JIP-38, 80% of JTX platform fees flow to the Jito DAO, which uses the revenue entirely for open-market JTO buybacks and burns through at least Q4 2027.

Why it matters

The expansion pushes Jito beyond infrastructure into consumer trading, where fee generation directly impacts JTO token supply through automated buybacks and burns.

Key facts

• JTX plans to release an equities feature within roughly two weeks and a mobile app in the fall, with perpetual futures tentatively targeted for later in the winter.
• Under JIP-38, 80% of JTX platform fees flow to the Jito DAO for open-market JTO purchases and burns through at least Q4 2027.
• JTX launched in July as a self-custodial trading application on Solana supporting assets including SOL, cbBTC, HYPE, memecoins, and tokenized equities and ETFs.