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August 4, 2025 • 5 minute reading time

July Monthly Roundup

Jito Labs
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Solana HFT

Introduction

July kicked off with Anchorage adopting JitoSOL mint & burn, making JitoSOL the first Solana LST supported by a federally-chartered bank. This was followed by the largest launch to-date of BAM (Block Assembly Marketplace), bringing new programmability to Solana's transaction pipeline. Follow along for the full breakdown of everything happening around the Jito Network.

June Highlights

  • Block Assembly Marketplace (BAM) Announced
  • Anchorage Digital Partnership
  • Ecosystem Incentives
  • New Video Content
  • In The Media

BAM

Introducing BAM: The Block Assembly Marketplace

On July 21, Jito Labs and Jito Foundation announced the Block Assembly Marketplace (BAM). BAM is a high-performance block-building architecture that brings verifiability, privacy, and programmability to Solana’s transaction pipeline! BAM is where value is created; Solana is where it accumulates.

Private. Transparent. Verifiable.

BAM enables the use of plugins, or programmable interfaces that give devs, traders, and apps the ability to connect to BAM Nodes’ scheduler and interact with Solana transactions in novel and probably value-accretive ways. 

This plugin architecture unlocks new transaction types that haven’t existed anywhere before!

This includes:

  • Cancel order prioritization
  • Instant oracle updates
  • Blockspace futures
  • Custom transaction logic
  • Fee-based QoS
  • Bundle merging
  • Application controlled execution (ACE)
  • Just In Force transactions

Read the BAM announcement article: https://bam.dev/blog/introducing-bam/

Anchorage

The first qualified custodian to support JitoSOL mint & burn. 

This newly announced adoption of Jito by Anchorage Digital Bank makes JitoSOL the first Solana LST supported by a federally chartered bank. Institutions can now custody, mint, and redeem JitoSOL through a fully regulated platform. Providing compliance and security standards that institutional players require, while opening the door for broader institutional adoption of LSTs on Solana.

Read the announcement article: https://www.jito.network/blog/mint-redeem-of-jitosol-on-anchorage/ 

TipRouter

Priority Fees Upgrade

  • JIP-16 extends the TipRouter NCN to allow the distribution of priority fees directly to stakers.
  • Since SIMD-0096 was passed, validators have kept 100% of Priority Fees, worth about $1.4b/yr, now stakers get to eat too.
  • With this upgrade, StakeNet will also undergo some changes. 

1. Validator History Program has new fields to track Priority Fees and block metadata stats.

2. Steward Program scoring mechanism ranks validators based on their Priority Fee commission. Needs at least 50% to receive stake.

Read the full TipRouter upgrade article on the Jito Network blog: https://www.jito.network/blog/tiprouter-upgrade-facilitating-priority-fees/ 

JitoSOL

REX-Osprey Solana + Staking ETF

SSK, the REX-Osprey Solana + Staking ETF now includes JitoSOL liquid staking rewards, making JitoSOL the 1st LST integrated into a U.S. ETF and SSK the only U.S.-listed ETF offering direct Solana exposure with protocol-level staking rewards.

Read the press release: https://www.businesswire.com/news/home/20250724059218/en/REX-Osprey-Integrates-JitoSOL-Liquid-Staking-into-First-U.S.-Solana-ETF 

Governance

JIP-17: Activate a Cryptoeconomics subDAO (CSD)

JIP-17 went to a vote at the beginning of July and passed with a total of 12,710,163 ‘Yes’ votes. 

CSD details:

  • $7.5M JitoSOL + 5M $JTO treasury allocation 
  • 6-member multisig (4/6 threshold) 
  • 12-month mandate to build value accrual mechanisms 
  • Quarterly reporting requirements

Forum discussion: https://forum.jito.network/t/jip-17-activate-a-cryptoeconomics-subdao/797

Realms vote: https://app.realms.today/dao/Jito/proposal/CDSrRa26ekqqT5cHT8VcS1vLLiaeWNRJhXQ3msoAzNJV 

Jito (Re)staking

Opacity

Opacity Network has joined Jito (Re)staking as a NCN!

This integration will enable:

  • Verifying the results of Opacity VDN
  • Unlocking use-cases previously locked behind corporate walls
  • Building apps that prove Web2 connection and compose with users’ data on crypto rails

Ecosystem Incentives

Kamino Finance

  • JitoSOL max multiplier has been raised to 12.5x
  • SOL supply incentives have been raised to $200k in JTO

More information: https://x.com/jito_sol/status/1940410139946750240 

MarginFi

  • Earn a share of 10k JTO rewards by borrowing SOL against JitoSOL using MarginFi’s new E-mode.
  • E-mode lets users leverage their JitoSOL against SOL with higher loan-to-value ratios.

More information: https://x.com/jito_sol/status/1945884702394507747 

Video Content

Midcurve Podcast

Episode #42 of Midcurve featured the co-founder and CEO of Opacity Labs, Hersh Patel, and Chief Vibe Architect, David Wu Finkelstein. The episode dives into why Opacity Network chose to build on Solana + integrate with Jito (Re)staking, their philosophy on building, and their vision for the internet.

Watch the full episode “Understanding zkTLS With Opacity Network” on the Jito YouTube channel: https://www.youtube.com/watch?v=9_lK1FhRQeI 

Rightcurve with SOL Strategies

Episode #4 of the Rightcurve Podcast featured Max Kaplan, the CTO of SOL Strategies, to discuss institutional adoption on Solana, the future of decentralized trading, and of course BAM.

Watch the full episode “Solana’s HFT Problem | Rightcurve ep. 04” on the Jito YouTube channel: https://www.youtube.com/watch?v=171_4tkSFn0 

Rightcurve with Solana Foundation

Episode #5 of the Rightcurve Podcast featured Matt Sorg, VP of Technology at Solana Foundation and co-founder and CEO of Jito Labs, Lucas Bruder. Lucas and Matt discuss how BAM aims to solve critical challenges in the Solana ecosystem by introducing transparency, privacy, and app-specific customization.

Watch the full episode “Liquid Internet Markets | Rightcurve ep. 05” on the Jito YouTube channel: https://www.youtube.com/watch?v=UpTNwpl44lU

Whiteboard Series

  1. What is BAM? https://x.com/jito_sol/status/1947688448107643149 
  2. Fundamental components of BAM https://x.com/jito_sol/status/1948058114680398247 
  3. Deep dive into BAM Nodes and Validators https://x.com/jito_sol/status/1949908481227530483 
  4. What does a BAM world look like? https://x.com/jito_sol/status/1950243798212059287 
  5. BAM’s Dream https://x.com/jito_sol/status/1950989841094549528 

LA Mad Drops Pickleball Team

No. 1 ranked pickleball player in the world, Ben Johns, has officially joined the LA Mad Drops pickleball team! Watch the latest match highlights here: https://x.com/jito_sol/status/1948783556186062990 

MLP San Clemente Tournament recap video: https://x.com/jito_sol/status/1942644968230645939 

Interview with LA Mad Drops Hunter Johnson: https://x.com/jito_sol/status/1948768592511521010 

In The Media

0xResearch

Co-founder and CEO of Jito Labs, Lucas Bruder, appeared on 0xResearch to discuss BAM

X livestream link: https://x.com/i/broadcasts/1djxXVNbAqjGZ 

Seed Club

Head of Foundation, Brian Smith, appeared on a Tuesday 11amdotclub livestream to talk all things BAM and how it introduces an entirely new Solana application design space. 

Watch Brian’s livestream segment here: https://x.com/jito_sol/status/1948752602184708159 

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