What is JitoSOL?
4 min read · updated 10 Jun 2026
JitoSOL is a liquid staking token (LST) issued by the Jito Network on Solana. When you stake SOL with Jito, you receive JitoSOL in return — a tradeable token that represents your staked position and the rewards it accrues.
Two things make JitoSOL different from regular Solana staking:
- It is liquid. Regular Solana staking locks your SOL until you unstake (which takes 2–4 days to clear an epoch). JitoSOL is just a SPL token — you can sell it, lend it, or use it as collateral the same minute you stake.
- It captures MEV. Jito runs a modified Solana validator client that captures Maximal Extractable Value (block-ordering profits) and redistributes a share of it to JitoSOL holders. This is why JitoSOL APY tends to be a bit higher than non-MEV liquid staking tokens like mSOL.
How does JitoSOL keep its price?
JitoSOL is not pegged 1:1 to SOL. Its exchange rate against SOL gradually goes up over time as staking rewards accrue. If 1 JitoSOL = 1.05 SOL today and rewards earn 7% APY, then in a year 1 JitoSOL ≈ 1.124 SOL. You hold the same JitoSOL balance — its SOL value grows.
This is why JitoSOL prices look like "more than 1 SOL" on DEXs. That is correct, not a bug.
What is the difference between JitoSOL, mSOL, and bSOL?
- JitoSOL (Jito) — MEV-aware. Single-stake-pool design. Largest liquid staking token on Solana.
- mSOL (Marinade) — Spreads stake across many validators automatically. Older and very battle-tested.
- bSOL (BlazeStake) — Allows the holder to choose which validator their stake goes to.
All three earn staking rewards. JitoSOL adds the MEV layer; Marinade and BlazeStake compete on validator selection mechanics. For a deeper head-to-head, see JitoSOL vs mSOL.
What are the risks of JitoSOL?
- De-peg risk. In a bank-run scenario where everyone wants to swap JitoSOL → SOL on a DEX at once, the JitoSOL price can dip below the redemption rate temporarily. This happened to mSOL during the FTX collapse.
- Smart contract risk. JitoSOL is a smart contract program. It has been audited and runs at scale, but smart contract risk is never zero.
- Validator slashing. Solana does not currently slash, but if it did, validator misbehavior would affect the JitoSOL pool.
How do you get JitoSOL?
- Go to jito.network/staking.
- Connect your Solana wallet (Phantom, Solflare, Backpack).
- Deposit SOL. You receive JitoSOL instantly.
You can also buy JitoSOL directly on Jupiter, Raydium, or Orca — though depositing on Jito.network gives you the cleanest price.
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More explainers
- What is liquid staking?Liquid staking lets you earn staking rewards without locking up your tokens. Here is how it works on Solana, who the major players are, and what to watch out for.
- What is staking on Solana?Staking SOL means delegating it to a validator and earning ~7% APY in return. Here is how it works, your options, and the trade-offs.
- What is Marinade?Marinade is the liquid-staking pioneer on Solana — stake SOL, receive mSOL, and keep your capital usable across DeFi while it earns. Here is how liquid staking works and how Marinade approaches decentralisation.
- JitoSOL vs mSOL: which liquid staking token should you pick?JitoSOL and mSOL are the two biggest liquid staking tokens on Solana. Here is how they compare on yield, safety, DeFi support, and decentralization.
- What is Phantom?Phantom is the most popular Solana wallet — a browser extension and mobile app for holding tokens and NFTs, swapping, and staking, now multichain. Here is what it does and how to use it safely.
- What is Jupiter on Solana?Jupiter is the dominant DEX aggregator on Solana — it routes your trades across every liquidity venue to get the best price. Here is what it does and why it became the default.