June Month In Review
Introduction
What a joyful June it was. 6 months into the year, JitoSOL Total Value Locked has increased from approximately 14.5M to 17.87M SOL, while Jito (Re)staking TVL reached $369.2M and TipRouter has processed approx. $789k in protocol rewards. Meanwhile, just in the last month, the team published the "JitoSOL and ETFs" article, new protocol announcements, sponsored event with the LA Mad Drops pickleball team in San Clemente, and much more! Let’s dive in.
June Highlights
- Latest “JitoSOL and ETFs” article
- Token Rewards via Gemini Credit Card
- MLP San Clemente Pickleball Tournament
- Ecosystem Incentive Announcements
- Public Jito Fitness Club on Moonwalk
- Alerts via Universal Inbox
- New Jito YouTube
- In The Media
All Things JitoSOL
“JitoSOL and ETFs” article
On June 16th, the Jito Foundation published the "JitoSOL and ETFs" article on the Jito Network blog, which outlines how JitoSOL fits into existing ETF architecture.
Read the full article here: https://www.jito.network/blog/jitosol-and-etfs/
Gemini Credit Card
On June 25th, Gemini announced JTO and JitoSOL as two new token rewards available on the Gemini Credit Card. Earn credit card rewards in JTO and JitoSOL!
SolCard
On June 23rd, SolCard announced a JitoSOL integration allowing users to deposit JitoSOL and spend it anytime, anywhere.
MLP San Clemente Tournament with the LA Mad Drops
On June 26th, the Jito Foundation travelled out to California to support the Jito-sponsored LA Mad Drops (@lamaddrops) pickleball team during the MLP San Clemente Tournament! A four-day event where the Jito Foundation had a booth and got to spread the good word of liquid stake to unsuspecting pickleball enjoyers.
Watch the highlight reel from the event here: https://x.com/jito_sol/status/1940112416429195437
Ecosystem Incentives
Drift Protocol
On June 13th, the new JitoSOL/SOL Isolated Pool was launched on Drift Protocol. LP depositors are eligible to earn a share of JTO rewards.
Drift market link: https://app.drift.trade/earn/borrow-lend
Kamino Finance
On June 20th, phase 1 of Kamino's xBTC Growth Initiative kicked off. xBTC-JitoSOL LP depositors are eligible to earn a share of $10k JTO and $10k USDG per month.
Public Jito Fitness Club on Moonwalk
Get your steps in with the Public Jito Fitness Club now on Moonwalk Communities and stay tuned for Jito-hosted challenges!
More details from Moonwalk here: https://x.com/moonwalkfitness/status/1936090800661704949
Universal Inbox
On June 19th, Dialect introduced the Universal Inbox allowing you to get notifications via Dialect’s Alerts Stack all inside of Jupiter Mobile. Get your Jito Network updates via the Universal Inbox!
Details here: https://x.com/saydialect/status/1935684523381203283
Jito YouTube
The Midcurve YouTube channel has undergone a soft rebranding. Find it at now @jitosolana! What as it? It's Solana new media, crafted in-house. Midcurve Podcast is still the name of the main series (currently on episode 41). But, don’t be surprised, occasionally we’ll throw in a Rightcurve episode for all the big-brains in the room!
Subscribe to the Jito YouTube channel here: https://www.youtube.com/@jitosolana
Rightcurve Podcast
Another Rightcurve episode! “Onchain Capital Efficiency” featured a conversation with Joshua Lim, the Global Head of Markets at FalconX, diving into institutional liquidity, using JitoSOL as collateral, and much more.
Tune in to watch the full episode here: https://www.youtube.com/watch?v=-v8jwDvNnH8
In The Media
A look at third-party content.
Blockworks
Jito was included in the Blockworks Token Transparency Framework, which provides a transparency score for a protocol's token.
Learn more about the framework here: https://x.com/Blockworks_/status/1935321626788380714
Staking Rewards
Brian Smith, Head of the Jito Foundation, presented at the Staking Summit Dubai on a panel on Protocol Design and Yield Strategy, sharing insights on liquid staking and the future of DeFi infrastructure.
Clip here: https://x.com/jito_sol/status/1932836199497961788
DoubleZero
Protocol Dialogues from DoubleZero featured Lucas Bruder co-founder and CEO of Jito Labs in conversation with Austin Federa co-founder of DoubleZero, discussing the evolution of MEV and validator economics.
Clip here: https://x.com/jito_sol/status/1933237279117750333
0xResearch
Brian Smith, Head of the Jito Foundation, shares his thoughts on the Blockworks Token Transparency Framework and its importance for the ecosystem.
Clip from livestream here: https://x.com/jito_sol/status/1936140087810457849