Ledger Nano S Plus

If you hold SOL and want to earn more than regular staking provides, Jito is what much of the Solana community has been talking about. This protocol doesn't just let you stake SOL and collect interest — it also shares MEV (Maximal Extractable Value) revenue from validators with JitoSOL holders, pushing yields above what standard liquid staking protocols offer.

What is Jito?

Jito is a liquid staking protocol on Solana launched in 2022 by the Jito Foundation. What sets Jito apart from other liquid staking protocols is its integration of MEV (Maximal Extractable Value) revenue into the staking experience.


When you stake SOL through Jito, you receive JitoSOL — a liquid staking token (LST) that you can use across Solana's DeFi ecosystem immediately while your underlying SOL continues validating the network.

Jito is one of Solana's top liquid staking protocols by TVL, with billions of dollars staked, making it a cornerstone of Solana's DeFi ecosystem.

What is MEV and Why Does It Matter for Jito?

MEV stands for Maximal Extractable Value — the profit that validators can capture by ordering transactions within a block in a specific way.


For example, if a validator knows a large buy order is about to push a token's price up, it could insert its own buy transaction first, then sell after the price rises — a tactic known as front-running.


Jito runs its own MEV auction system called the Jito MEV Auction. Bots and searchers pay "tips" to validators running Jito's software to have their transactions prioritized. Those tips flow back to JitoSOL holders through the stake pool, automatically boosting APY.

MEV tips on Solana through Jito increase APY for JitoSOL holders with no extra action required from the staker.

How JitoSOL Works

JitoSOL is a liquid staking token that represents staked SOL plus accumulated rewards. Its exchange rate against SOL increases over time as it accumulates staking rewards and MEV tips.


The process works like this:
1. User deposits SOL into the Jito stake pool
2. User receives JitoSOL at the current exchange rate
3. Jito distributes SOL to validators running Jito's software
4. Validators earn block rewards + MEV tips from searchers
5. All revenue is pooled back, increasing the JitoSOL/SOL exchange rate

Jito vs Regular SOL Staking

Staking SOL directly with a validator locks your tokens for the duration of the unstaking period (typically several days). JitoSOL lets you sell or use your position in DeFi at any time.


Key comparison:
- Native Staking: ~6–7% APY, tokens locked, no DeFi composability
- JitoSOL: Slightly higher APY from MEV tips, fully liquid, composable across DeFi
- Lido (stSOL): Another liquid staking option but without MEV sharing


Note: Higher APY comes with added smart contract risk and MEV ecosystem variability, which may impact returns.

JTO Token and Governance

JTO is Jito's governance token, launched in December 2023 through a large airdrop to early users.


JTO use cases:
- Voting on protocol decisions such as fees and upgrades
- Staking to earn a share of protocol revenue
- Directing the future development of Jito


JitoDAO is governed by JTO holders through on-chain voting, making Jito a genuinely decentralized protocol.

How to Get JitoSOL

Steps to stake SOL through Jito:
1. Open Phantom, Solflare, or another Solana wallet
2. Visit the Jito website
3. Connect your wallet and enter the amount of SOL to stake
4. Click Stake and approve the transaction
5. You will receive JitoSOL immediately


After receiving JitoSOL, you can deploy it across Solana DeFi — provide liquidity on Orca or Raydium, deposit into lending protocols like Kamino or Marginfi, or use it as collateral to borrow stablecoins.

JitoSOL is integrated across Kamino, Marginfi, Jupiter, and other leading Solana DeFi protocols — making it the most composable LST in the ecosystem.

Risks to Be Aware Of

While Jito has been audited multiple times, risks remain:


Smart Contract Risk: A bug in Jito's stake pool code could lead to loss of funds.


Validator Slashing: If a validator chosen by Jito is penalized (slashed), JitoSOL's value could decrease.


MEV Volatility: MEV income is not constant. During low-activity periods on Solana, MEV-derived APY may drop significantly.


Depeg Risk: During market stress, JitoSOL may trade below its theoretical SOL value on secondary markets due to low liquidity.

Frequently Asked Questions

What is JitoSOL and how is it different from SOL?
JitoSOL is a liquid staking token you receive when you stake SOL through Jito. Its value increases relative to SOL over time as it accumulates staking rewards and MEV tips. Unlike holding SOL directly, JitoSOL earns yield passively while remaining usable as a DeFi asset.
Is Jito safe to use?
Jito has been audited multiple times and is open source, but it still carries risks inherent to DeFi — smart contract vulnerabilities, validator slashing, and MEV volatility. No protocol is 100% risk-free, so only stake what you can afford to lose.
What APY does Jito offer?
JitoSOL's APY is generally higher than native Solana staking, typically ranging from 7–9% per year, as it includes MEV tips. However, this figure varies with MEV activity on Solana and is not guaranteed.
What is the JTO token vs JitoSOL?
JTO is Jito's governance token used for voting and earning a share of protocol revenue. JitoSOL is the liquid staking token you receive from staking SOL. They are entirely separate tokens — JTO is a governance/utility asset, while JitoSOL is a yield-bearing staked asset.
How do I unstake JitoSOL?
You have two options: (1) Unstake directly through Jito's protocol, which involves a cooldown period of roughly 2–4 days, or (2) Swap JitoSOL to SOL instantly on a DEX like Jupiter or Orca, though this may incur slight slippage depending on liquidity conditions.

Stay Updated on Crypto News

Get daily market analysis and crypto news from BlockVoy

View All Articles

Conclusion

Jito transforms how SOL holders earn from staking by routing MEV revenue — previously captured only by sophisticated validators and bots — directly to everyday stakers. JitoSOL offers full liquidity, superior yield, and deep integration across Solana's DeFi ecosystem. For anyone looking to maximize returns on their SOL without sacrificing flexibility, Jito stands out as one of the most compelling options in the ecosystem today.

This article is for educational purposes only and does not constitute financial advice.