Jito Labs launches self-custody trading platform JTX

Jito Labs has launched JTX, a self-custody trading platform, The Block reported. JTX supports spot trading in Solana-based assets including SOL, cbBTC, HYPE and memecoins, as well as trading in tokenized real-world assets such as stocks and ETFs. The platform offers resting limit orders, automated execution and conditional orders, with trades executed on-chain while users retain control of their own keys. According to the report, 80% of trading fee revenue will be used for JTO token buybacks and burns by Jito DAO, while the remaining 20% will be distributed to referrers based on trading performance. Jito Labs plans to add perpetual futures, prediction markets and a mobile app in the future.