Jito, a leading Solana infrastructure and staking provider, continues to dominate onchain TVL (Total Value Locked). Outperforming other Solana DeFi giants like Jupiter and Raydium, Jito holds the top spot with $2.86B in TVL.
While Jito’s TVL has grown steadily during the 2024/2025 crypto bull run, its expansion into restaking has unlocked access to emerging markets.
Key Highlights:
- 14.7M SOL in TVL, setting new all-time highs.
- 40.9% LST market share, surpassing competitors.
- Restaking partnerships with projects like Renzo and Kyros.
- Governance proposal JIP-10 nearing unanimous approval.
Jito Hits Record SOL TVL
JitoSOL remains Solana’s largest liquid staking derivative (LSD), commanding 14.7M SOL (~$2.86B). Despite a **21.36% drop in USD value** from its November 2024 peak ($3.65B), this decline is primarily due to SOL price retracement.
👉 Explore Jito’s real-time TVL stats
LST Market Dominance
- 3.6% of Solana’s total stake.
- 40.9% LST market share, ahead of Binance’s bnSOL (6.5M SOL).
- Data sourced from Dune Analytics.
Restaking Demand Surges
Jito is fast becoming a top restaking hub on Solana, partnering with projects like N1Chain to secure new L1 blockchains.
Current Restaking Metrics
- 192K SOL (~$44M) deposited in Jito vaults.
- Key partners: Renzo, Fragmetric, Kyros.
Market Comparison:
- Solayer (Solana’s top restaker) holds 1.81M SOL ($346M).
- Jito’s restaking growth signals long-term potential.
Governance Proposal JIP-10 Nears Approval
JIP-10 integrates $JTO staking into Jito’s Node Consensus Network (NCN), enhancing economic security and token utility.
👉 Track JIP-10 voting progress
Voting Snapshot
- 99.9% approval rate (as of January 10).
- Voting closes in 2 days—expected to pass.
FAQ
Q: What is JitoSOL?
A: Jito’s liquid staking token, representing staked SOL while enabling DeFi participation.
Q: How does restaking work on Jito?
A: Users deposit SOL into vaults to secure partner protocols, earning additional rewards.
Q: Why is JIP-10 significant?
A: It links $JTO staking to node operations, boosting the token’s utility and security.
Q: What’s next for Jito?
A: Expanding restaking partnerships and scaling NCN integration post-JIP-10.
Final Thought
Jito’s TVL growth, restaking adoption, and governance momentum solidify its position as a Solana DeFi leader. With JIP-10’s imminent approval, $JTO is poised for enhanced utility in 2025.