Podpower Episode AtlasIn this episode of Lightspeed, host Remi Tetot sits down with Lucas Bruder of Jito to discuss the launch of JTX, Jito's new trading platform. Bruder explains that JTX is designed for "smart money" and pro-retail traders on Solana, addressing a perceived gap in existing tools that he believes are outdated for the current market.
The conversation delves into how JTX leverages Jito's deep infrastructure expertise, particularly with its Block-Engine-MEV (BAM) technology, to deliver superior execution, better pricing, and a seamless user experience. Bruder emphasizes that JTX aims to abstract away the complexities of Solana's underlying infrastructure, allowing users to focus on trading while Jito handles transaction landing, routing, and maximizing success rates. He highlights the synergy between BAM plugins, like the maker priority plugin, and JTX in providing tighter quotes and significant cost savings compared to centralized exchanges.
Bruder also outlines JTX's ambitious vision: to host every market Solana can trade, from spot and perpetuals to prediction markets, catering to serious traders with real capital. He addresses the competitive landscape, positioning JTX against centralized exchanges and high-performance perpetuals platforms like Hyperliquid, rather than other Solana aggregators. The episode concludes with a look at Jito's broader strategy, how JTX integrates with its existing products like JitoSOL and BAM, and the team's long-term commitment to making Solana the leading trading venue.
Jito's new trading platform designed for pro-retail and 'proumer' traders on Solana, aiming to provide a superior trading experience by abstracting complex infrastructure.
Why careIt seeks to fill a gap in Solana's trading ecosystem, attracting serious capital and volume by offering advanced execution and user experience.
Jito's next-generation transaction processing system that improves Solana's market structure and execution quality, acting as the backbone for JTX's advanced features.
Why careBAM enables JTX to offer better pricing and faster transaction landing, directly benefiting traders by optimizing their execution.
The design philosophy behind JTX, where the intricate details of Solana's blockchain, such as BAM, routers, and sandwiching, are hidden from the end-user.
Why careThis approach makes the trading experience more accessible and user-friendly, allowing traders to focus on strategy rather than technical complexities.
A BAM plugin that allows validators to quote tighter prices on perpetuals, resulting in better pricing for users.
Why careIt's an example of how BAM's modularity directly translates into tangible benefits for JTX users, offering competitive advantages in pricing.
Physical or traditional financial assets tokenized and traded on a blockchain, which JTX aims to support alongside crypto-native assets.
Why careIntegrating RWAs can significantly broaden Solana's appeal and trading volume, attracting a new class of traders and capital to the ecosystem.
Potential worries about Jito operating both the underlying infrastructure (BAM) and a consumer-facing trading platform (JTX), and how this might create unfair advantages.
Why careJito addresses these concerns by ensuring BAM's features are available to all, emphasizing transparency and a long-term commitment to Solana's health.
"JTX is where smart money trades everything and we're really targeting this like pro retail proumer trading audience on Salana and we feel we feel like there's a kind of a gap there."
"I think our bread and butter is really basically like all the scar tissue that we've learned and all this knowledge that we've gained from the last four years on like How do we maximize the usage of routers? How do we maximize transaction landing success rates and latency?"
"I think we just hide all the infrastructure underneath and abstract it away from the user and just build the best possible training experience that we can with that infra underneath."
"JTX is like a much better position for Jetto to be in. And I think we have long wanted to ship something consumer related."
"Every trade you make, it'll show how much money you save compared to sex price at that exact time. So yeah, we're bringing the receipts on that."
"We just want to make the best possible trading experience for this pro retail and proumer audience. And I think the risk that you run into by making this everything app is that you're just like mediocre at everything versus super good at one thing."