JTX is officially online. The company disclosed that the main service of this product required a chain dealer with a more complete implementation tool, with the first coverage of the Solana spot market, and a follow-up plan to be extended to a sustainable contract and forecast market.

First to open the spot market

The company disclosed that over 100,000 alternate users had been granted access to JTX. The platform currently supports Solana spot transactions and also covers the fast-growing RWA-related assets of the chain in recent years.

JTX is the host of the hosting transaction. Users hold their own private keys and transactions are settled on the chain. Jito indicated that the Platform wished to bring the implementation tools commonly used by agencies to the chain environment rather than to introduce the hosting link.

Provide price limit lists and TWAP

According to the online version, JTX provides purchase order types such as price limits, TWAP and condition sheets, and adds the Smart Bills function used to split large orders to reduce the impact of a single transaction on prices.

The article also mentioned that JTX would model partial transaction results with the Centralized Exchange to show the difference between the implementation price on the chain and the traditional platform. This is mainly from the point of view of research institutions cited in Jito and the text.

80% of revenue to JTO

Jito also disclosed that if the governance proposal JIP-38 is approved, 80% of the agreement revenue generated by JTX will be used to accumulate the value of Jito DAO and $JTO and the remaining 20% will continue to be used in the development of the agreement.

As envisaged in the proposal, the related income would be used for the process of repurchase and destruction of $JTO for a period of at least one year, with a reappraisal planned for the fourth quarter of 2027.

Fix the professional trade entrance.

JTX is considered an important extension of Jito for end traders. Prior to this, Jito has provided infrastructure for the construction, pledge and enforcement of blocks in the Solana ecology, including products such as Jito Block Engineering, JitoSOL and BAM.

As quoted in the original third-party study, Solana has been in the lead on spot DEX transactions in recent quarters and performance on the chain has continued to improve. According to the data, Solana ' s quarterly transactions of monetized assets amounted to $5.8 billion, holding more than 300,000 wallets in RWA.

Additional information:The original disclosed that SolanaFloor was a subsidiary of Jito Network and that the article was linked to Jito.