Jito Staked SOL (JITOSOL) is a liquid staking token built on the Solana blockchain. It functions as a liquid staking derivative that represents SOL deposited into the Jito staking program, where users receive JITOSOL tokens in return that remain usable across the broader decentralized finance ecosystem while their underlying SOL continues to earn staking rewards. What distinguishes JITOSOL from other liquid staking tokens on Solana is its integration of MEV rewards, making it the first liquid staking derivative on the network to capture value from Maximal Extractable Value in addition to standard staking yields. The token is designed to track the price of SOL while steadily appreciating relative to it, as accumulated staking and MEV rewards are reflected in the token's value rather than distributed as separate income. JITOSOL is classified as a liquid staking token within the Solana ecosystem, and it has also been extended to additional networks including Base, Neon, and Katana, broadening its cross-chain utility. It belongs to the broader liquid staking and liquid staked SOL categories, positioning it as a yield-bearing representation of staked SOL.
The protocol is also freezing locked LAB from NAV until August — but on-chain investigator ZachXBT says the strategy was the real mistake, not the unwind.
The first liquid staking derivative on Solana to include MEV rewards.
Jito Staked SOL (JITOSOL) is categorised as: Solana Ecosystem, Liquid Staking Tokens, Base Ecosystem.
The official Jito Staked SOL site is https://www.jito.network/.
Most recent Jito Staked SOL coverage: "PiggyBank Closes LAB Hedge, Warns of 15% USDC Vault Drawdown" — read at /en-US/a/piggybank-unwinds-lab-hedge-vaults-face-up-to-15-nav.
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