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Jito's JTX plans to launch a mobile app this fall, with the possibility of integrating perpetual contracts in winter

2026-10-07 17:56:05

During an interview with The Starting Block at the Digital Asset Summit 2026 Asia, Brian Smith, the president of Jito Foundation, the parent company of the Solana ecosystem trading platform JTX, stated that JTX plans to launch stock trading features within the next two weeks and will release a native mobile app later this fall. The integration of perpetual contracts "may take until later this winter." He mentioned that the team is currently focusing on differentiating the spot trading features.

JTX launched in July this year, supporting spot trading for cbBTC, SOL, HYPE, and meme coins, while also offering tokenized stocks and ETFs. The platform charges a fee for each transaction, with 80% of the revenue allocated to Jito DAO for the buyback and destruction of JTO tokens, and 20% distributed to referrers. Smith did not disclose the trading volume since the launch but emphasized the speed of product iteration, stating that the team has two full-time data scientists mining on-chain data to develop in-app discovery features.

Smith positioned JTX as a "permissionless Robinhood" for Solana, emphasizing longer holding periods and competitive rates, and noted that other Solana applications tend to focus on early meme coin trading. Regarding perpetual contracts, he acknowledged that Solana "has a lot of work to do" and affirmed Hyperliquid's role in pushing centralized exchange traders on-chain, while stating that Solana is the "king" in the spot trading space.

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