Svmuu News: Jito Labs, a Solana blockchain infrastructure developer, has announced the launch of JTX, a self-custodial on-chain trading platform designed for professional traders. It aims to provide the Solana ecosystem with professional trading tools that offer an experience closer to that of traditional finance.
At launch, JTX supports spot trading across assets in the Solana ecosystem, including cbBTC, SOL, HYPE, and various meme coins, as well as tokenized real-world assets (RWAs) such as stocks and exchange-traded funds (ETFs).
Jito stated that JTX is committed to resolving the tension between the self-custody model and trading execution efficiency by providing users with professional-grade trading features, including limit orders, automated execution, and conditional orders. Users retain control of their private keys at all times, and trades are settled directly on-chain without relying on centralized custodians. (The Block)