Jito Labs launches self-custody trading tool as activity heats up on Solana

Tech Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Jito Labs launches self-custody trading tool as activity heats up on Solana JTX is the company’s first product built specifically for traders. It allows users to trade tokens on Solana while maintaining self-custody. By Margaux Nijkerk | Edited by Nikhilesh De May 5, 2026, 3:00 p.m. 2 min read Make preferred on What to know : Jito Labs has launched JTX, a self-custodial trading platform on Solana that aims to offer centralized exchange-style speed and advanced trading tools while letting users keep control of their funds. The move targets more sophisticated traders still using centralized platforms, with plans to expand beyond spot trading into products like perpetual futures and prediction markets. Jito Labs, a core infrastructure provider on Solana, has unveiled JTX, a new crypto trading platform aimed at bringing more advanced trading tools to the blockchain. Announced at the Solana Accelerate conference in Miami, Florida, JTX is the company’s first product built specifically for traders. It allows users to trade tokens on Solana while maintaining self-custody, meaning they have full control of their funds unlike other set ups that have to hand assets over to a centralized exchange like Coinbase or Binance. JTX is designed to feel more like those centralized platforms, the team shared in a press release with CoinDesk. It is supposed to offer faster trade execution and a range of tools typically used by professional traders, including stop-loss orders, preset trade strategies and detailed market charts powered by TradingView. The launch comes as trading activity on Solana has surged, Jito Labs claimed, with decentralized exchanges on the network processing over $1 trillion in volume last year. Much of the more sophisticated trading still happens on centralized platforms or other blockchains. Jito is betting that demand for more advanced, onchain trading will keep growing, with JTX expecting to come out with products like perpetual futures and prediction markets. In addition, a large portion of the revenue generated by JTX will go back to the protocol, benefiting holders of its JTO token. JTX is currently open for sign-ups via a waitlist, with early access expected soon. "Solana's infrastructure is the best in the world, processing more daily transactions than every other blockchain combined," said Lucas Bruder, the CTO at Jito Labs. "JTX is what happens when we point that at traders who've outgrown what's currently being built for them. It beats a CEX on execution. It doesn't take your keys. That's the pitch." Read more: Jito Foundation acquires and revives SolanaFloor following shutdown over $27 million exploit Solana News Crypto Trading More For You Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees By Shaurya Malwa | Edited by Omkar Godbole 3 hours ago The market is repricing TON as a Telegram-led ecosystem again, not just a foundation-run chain with a messaging app narrative attached. What to know : Toncoin has surged more than 36% in 24 hours, outperforming the broader market. Telegram's founder Pavel Durov said that Telegram would replace the TON Foundation as the chain’s main driving force. He added that transaction fees on TON's parent blockchain, The Open Network, had fallen nearly to zero. Read full story Latest Crypto News Coinbase taps Centrifuge as preferred tokenization backbone, takes equity stake 20 minutes ago Crypto.com’s high-rolling head of marketing to leave after almost six years 1 hour ago Consensus Miami Day 1: Sights and sounds 1 hour ago CoinDesk 20 performance update: index jumps 1.3% as all constituents trade higher 1 hour ago State Street and Galaxy launch tokenized fund to bring cash management onchain 1 hour ago K Wave Media scraps massive bitcoin treasury plan to redirect $485 million to AI 2 hours ago Top Stories Coinbase cuts 14% of staff as AI reshapes how crypto companies operate 3 hours ago Crypto platform Bullish to buy Equiniti for $4.2 billion, building tokenized securities infrastructure 4 hours ago Bitcoin crosses $81,000, ETH, SOL, DOGE steady as options desks bid on further price jump 9 hours ago Bitcoin used to hate inflation. Now it might be the opposite 8 hours ago Ripple to share North Korean threat intelligence with crypto firms 8 hours ago U.S. voters don't trust Trump administration to oversee crypto sector, CoinDesk poll finds May 3, 2026