JTO
Jito · Solana MEV / staking infra
Key facts
- Circulating 535.8M, 54%
- Locked or unvested 464.2M, 46%
- No cap: supply can keep growing, see Supply discipline
Market data: CoinGecko, Oct 24, 2026. Scores reviewed Oct 23, 2026.
Assessment
Jito has no working engine today: governance diverted all protocol revenue to validator subsidies under JIP-31, and JIP-39 (live Oct 5, 2026) extends that through a wind-down to Jun 2027, so $0 reached holders over the trailing year on ~$8.7M of revenue. Supply is fixed at 986.5M after the mint authority was revoked and 13.5M burned. Distribution is the deepest weakness: investors and contributors took ~41% and the Jito Foundation runs the community and ecosystem pools, ~90% insider in total. The tip programs are upgradeable by one multisig with no timelock. Its standing turns on revenue actually returning to holders in Q3 2027.
How value reaches holders
No flow to holders today: $0 holders revenue over the trailing year (DefiLlama). JIP-31 diverted 100% of protocol revenue to BAM validator subsidies, and JIP-39 (passed Sep 22, live Oct 5, 2026) extends that through Q4 2026 with a wind-down to Jun 2027; non-JTX revenue returns to value accrual in Q3 2027. JIP-38's JTX-fee burn is tiny (~555 JTO in four months). Protocol revenue ~$8.7M trailing year on ~$139M of fees
Score anatomy
Demand
3 / 45: the stronger of two routes, plus adoptionWhy would anyone hold it: does value reach the token, and is the network or product used today?
$0 reached holders over the trailing year; JIP-39 keeps protocol revenue on validator subsidies until mid-2027
Approved or designed but inert, indirect sinks only, or flows into a treasury or endowmentHow this is scored
$5-25M/yr
Governance token; ~$0.4M of JTO posted at Kamino; no fee or collateral role (JitoSOL is SOL, not JTO).
Trading onlyhigh confidenceHow this is scored
Jito fees $137M TTM vs $1.29B the year before (-89%) as tips ceded to priority fees; JitoSOL TVL $1.09B trails Sanctum LSTs and Binance SOL: down 60%+ caps it at 1
Marginal or fading: negligible use for its size, usage down 60%+ year on year, or a lost forkmedium confidenceHow this is scored
Two routes, the stronger counts
Soundness
19 / 40Can a long-term holder trust the rules: supply, float, distribution and control?
SPL mint authority revoked (read Oct 23, 2026): supply is fixed at 986.5M after 13.5M burned, so no new JTO can be issued.
Hard cap or net deflationary by protocol rule, under 1%/yr gross growth, and nobody can mint past the cap or change the schedule short of a hard fork node operators adopthigh confidenceHow this is scored
Float 54% (535M of 986.5M); investor and core contributor vesting runs to Dec 7, 2026, then community and ecosystem allocations keep releasing (~1.5-2% of float a month).
1.5-3% of float unlocking per monthlow confidenceHow this is scored
Investors 16.2%, core contributors 24.5%, ecosystem development 25% and community growth 34.3% (incl. the 10% airdrop) run by the Jito Foundation: insiders ~90%; no public sale
Insiders received over 50%, or one organization directs over 30% todayhigh confidenceHow this is scored
Jito's tip distribution and tip payment programs are upgradeable by one multisig PDA with no timelock (read Oct 23, 2026); JTO mint and freeze authorities are revoked; Solana base (3)
A halt, rollback or exploited consensus bug in the last 24 months, attack cost under $10M, or a foundation-selected validator set or small multisig can halt or upgrade with no meaningful exit windowmedium confidenceHow this is scored
Durability
4 / 15Is it big, proven and reachable by institutions?
$244.4M market cap (band 2), $31.3M/day median volume (band 3), no flags.
Small: $50-250M market cap and $1M/day+How this is scored
TGE Dec 7, 2023: 2.9 years old (3 years on Dec 7, 2026).
1-3 yearshigh confidenceHow this is scored
Spot on Binance, Coinbase, Kraken, OKX, Bybit and Upbit; no ETP or US filing found (none in Valour's ~100-product list).
Top-tier exchanges only, or delisting pressuremedium confidenceHow this is scored
What would move it up
To reach T3 Mixed, 3 gates are still open:
- Score 26needs 40(open)
- Value engine 0needs 2(open)
- Adoption 1needs 2(open)
- Supply 5gate 1(met)
Tier outlook · next trigger Jul 1, 2027
Could move up ↑low likelihood
- Holder routing rises when non-JTX revenue returns to value accrual in Q3 2027 after the JIP-39 wind-down
- Revenue holds the $5-25M band only if tips keep pace with priority fees that SIMD-96 routes to validators
- Float: investor and contributor vesting ends Dec 7, 2026, then community and ecosystem pools release ~1.5-2% of float a month
- Track record reaches 2 at three years on Dec 7, 2026
- Security rises to 2 if the tip programs move behind a timelock with an exit window
Compare with
How the ranking works and how JTO compares: see the full ranking. This entry as JSON:
GET https://tokens.10102.io/api/v1/tokenomics?symbol=JTO