blockchain
Joined May 2021
cryptocurrency is changing the world, Massive adoption is inevitable. Don't be caught unaware, we are just getting started.
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pellucid 💜🎒 retweeted
🎬 @Jito co-founder & CEO, (Lucas Bruder) speaks on how to get more users into JTX Host: "i wanna trade onchain 100% of the time right like if i look at the options that JTX has for me, i don't wanna have to go on Robinhood, the whole experience is significantly better. how do we translate that to the everyday user, how do we translate that to people that are outside of crypto and show them that experience?" - @thomasbahamas "today, JTX is mostly targeted towards people that already have funds on @solana and that's how we got this out so fast, got a lot of feedback and made a lot of improvements" "i would say like surfacing a lot of information about the equities too, surfacing a lot of information about the asset and so that's the direction that we're going in to launch and then we'll keep improving it from there" "you don't need to show up to JTX with a trade in mind, you'll be able to discover trades on there. we have a few data scientists that have been cooking on some really really cool stuff, i think people will like it a lot." - @buffalu__
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pellucid 💜🎒 retweeted
🎬 @Jito co-founder & CEO, (Lucas Bruder) speaks on next big narrative on @solana, regulatory landscape, infrastructure and product developments. Host: "i feel like tokenized equities and tokenized everything on solana is kind of like the next big narrative so is that why you guys are focusing on building JTX Equities or what's your opinion on that?" - @Thomasbahamas "i think it's the next big thing, i wanna trade equities on solana right now it's like I have my Robinhood account and if i wanna buy or sell equities, if i don't have any money on there i have to go on JTX transfer it off to Robinhood, trade on there. oh i wanna buy some token there's some new narrative that's forming and i wanna buy it on solana and robinhood doesn't have every single token, and so i gotta transfer it back and forth and this is just annoying. so i think having all your money in one place on JTX and being able to trade every equity in the US but also everywhere else" "i think there's a lot of positive regulatory developments too between the SEC and the CFTC. Clarity act didn't pass but the SEC seems to be making a lot of solid progress and things are definitely pointed in the right direction" "i would say that the third thing is behind the scenes, there's been incredible progress from a lot of these issuers. so i mentioned earlier @securitize, i can't remember exactly what they launched on solana but they're making more progress on launching more tokens on solana, @ondo and @xstocksfi are too" "@backpack just been cooking up insane stuff, so there's definitely a lot of people excited about tokenized equities. i wanna trade them in one place and then i think people in other countries it's really hard for them to access equities in the US and so i want them to be able to trade them too" "i would say the other thing i saw @armaniferrante i think at @token2049 was talking about bringing in even non US equities, so giving US people access to non US equities i think will be a huge deal and so there's just a lot of like momentum on the regulatory side, and the infrastructure and product side" "that makes me really excited about this and i don't think anyone has nailed the perfect equities spot experience yet and so i think we are gonna have the best one when it goes live." - @buffalu__
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pellucid 💜🎒 retweeted
🎬 @Jito co-founder & CEO, (Lucas Bruder) provide more insights into JTX Equities, upcoming feature in JTX. Host: "what is this new JTX equities feature that you are coming out with?" - @solace_fm "i think we really zoomed out here and it's like how do we make the best equities experience, i think if i were to hand JTX to like my parents how would i tell them to go buy apple? there's like two different apples there, there's gonna be way more too between. you know there's multiple token issuers now between @backpack, @ondo and @xstocksfi and i saw some @securitize stuff too so there's gonna be like three or four different versions of it. every version has a different chart like if you go to one of the apple and you look at the chart it's just not the actual apple chart like i don't think the apple chart wicking down like 15 or 20%, the xStocks chart is different and so we're really trying to make the best equities experience and abstract away what the token is and show the actual chart and just make it a really friendly experience, make sure that users are getting the best pricing that they can. you know being able to explore all the equities that are on @solana that you can buy and trade and kind of surface some more information that we think will be useful. you have to show up to JTX and you have to know what trade you wanna make and really trying to bring more information to users and make them smarter so that they can actually find the trade on JTX." - @buffalu__
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pellucid 💜🎒 retweeted
🎬 @Jito co-founder & CEO, (Lucas Bruder) shed more light on recent improvements in JTX. Host: "okay so you touch briefly on improvements to Smart Fill, Smart Fill blew us away originally i think it was one of my favourite ways to enter and exit positions that were moving very very quickly i know that there was one recent update to randomize it. what other kind of tweaks have you been making to Smart Fill to make that more efficient?" - @solace_fm "mostly behind the scenes, so a lot of transaction landing stuff, a lot of just smarter logic around retries and just making it super reliable. so i would say reliability and speed and then the next version that we will have will be even faster and even more reliable so looking forward to that and then there's some other improvements on here too like the the ticker bar at the top i think it's pretty cool. i guess we added some of the @LaunchOnSF stuff like a month ago so there's the stonk section there." - @buffalu__ Co-host: "it seems like every time we open it there's some sort of new feature so it's like i'm loving that part and we got pretty into the stonk ecosystem so you know all of like the little quality of life updates that you guys made." - @Thomasbahamas
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pellucid 💜🎒 retweeted
🎬 @Jito co-founder & CEO, (Lucas Bruder) highlights the DRILLBOX, a new feature in JTX and other incremental features. Host: can you give me a bit of overview of what drillbox is and how that works and who it's for? - @solace_fm "i would say it's a way to get into and out of assets really quickly with one click and so you can set presets on the size and you know you just click them and the transaction lands instantly. especially, i mean it's way faster now i think within the last 30 minutes @solana went from 250ms blocks to 200ms and i was just playing around with it at that time and transactions are confirming in 100ms and so that's really cool to see that. you can buy in like USDC that you have here or SOL, you can just click it once if you want to get in and then sell your initial on the way out and you know there's the fractions there as well. i haven't looked at the metrics to see how many people are using it but you know just another incremental feature that we're shipping and i'm trying to think what else we've shipped. there's been a lot of smart fill and TWAP improvements. we have a big automated order refactoring that we 're doing right now that will go live pretty soon and a bunch of other cool stuff around that i don't want to say too much but we're cooking a lot of stuff around the automated orders right now." - @buffalu__
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pellucid 💜🎒 retweeted
🎬 @Jito co-founder & CEO, (Lucas Bruder) on @solana news weekly by @SolanaFloor reveals what has been happening in JTX over last couple of months and the product direction from here. Host: "do you want to just kind of talk about what's been going on, what is the latest news with JTX and how things are going?" - @Thomasbahamas "we 've seen really good adoption on it, i think the platform currently has roughly $30m in it and we 've seen a lot of very large traders trading on it doing significant size and it's really cool to see that. we 've been getting a lot of really good feedbacks and been trying to ship as fast as possible and i would say the mode for the last probably few months is like clean up a lot of stuff and slowly add you know small incremental features. there's probably i think three or four big features coming in the next month or two and so there's a lot of potential energy that's you know pent up inside this and we 're testing it out in our staging environment and looking to roll it out pretty soon here." - @buffalu__
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pellucid 💜🎒 retweeted
🎬 JTX announces JTX Equities during Digital Asset Summit 2026 @JitoFDN president, @brian_smith_0 announced JTX Equities launch and professional grade data into equity trading experience on JTX, coming to the public by the end of october. "so actually extremely excited to announce today JTX Equities, this is the new product that makes equities on chain a first class citizen it is something with proprietary RFQs into all of the leading tokenized issuer providers so that you get best execution in real fills on your equity trades including an RFQ into @backpack which has truly redeemable equity products this is designed for not just buying a few thousand dollars of some equity, this supports six figure, seven figure trades at prices comparable to what you would get on the underlying exchange comparable to what you get in Robinhood or interactive brokers. this is the first of its kind thing and it's not just restricted to a few mega cap US equities, this is hundreds of equities around the world that you get access to. it's launching permissionless to the public in the end of october."
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pellucid 💜🎒 retweeted
in before market discover JTX has a token and it's called solana:jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL. you can also earn free JTO when your referrals use your link to signup and trade on JTX. 20% of their trading fees buyback JTO and it's claimable every 12hrs.
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pellucid 💜🎒 retweeted
okay say you want to buy a million and a thousand dollars or even $1,000 or even $100 of your favorite memecoin but you don't want to move the order book against yourself what do you do? in JTX we built a feature called smart fill, so let's just walk through it really quickly; 🎬 watch @justinknox__ showing how it works while using smart fill to buy some @ket_on_solana.
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pellucid 💜🎒 retweeted
massive bullish for stonk ecosystem, JTX is building amazing tools for regular users. to all stonk trenchers, you are going to love auto-compounding solution on top of smart fill features you currently enjoy. new users are also welcome, sign up and get in now; app.jtx.com/ref/earn.
Introducing: Autocompound on JTX Finally, @LaunchOnSF rewards can now work for you automatically. JTX Autocompound automatically takes the quote asset you earn from Stonk rewards and buys more of the original asset. Earn rewards for holding, rebuy the Stonk, repeat.
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pellucid 💜🎒 retweeted
i have been onboarding family and friends into crypto since last week and we are making all our trades on @jtx_trade. ▸ signing up with email, google or apple account ▸ download JTX pwa to mobile homescreen ▸ instant deposit into wallets ▸ started aping $STONK with smart fill making money is cool, making money with family and friends is even more cooler. JTX is where to get your mum and dad to trade everything on @solana get in: app.jtx.com/ref/earn
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pellucid 💜🎒 retweeted
trade tokenized US stocks 24/7 live on JTX use my link app.jtx.com/ref/earn to create new wallet or import existing wallet.
BREAKING: The SEC issues a temporary, conditional exemption allowing onchain trading of tokenized US stocks.
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pellucid 💜🎒 retweeted
All stocks & ETFs with corresponding perp markets can now be used as collateral 🎒 ▸ Use real shares as collateral across Backpack’s unified, cross-asset portfolio ▸ Borrow USD, trade futures, and trade spot on margin
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pellucid 💜🎒 retweeted
sam: so can you guys walk us through the thinking on JIP 37 and 38 and how do holders should think about value accrual going forward and I guess internally how does @Jito weigh up buybacks versus growth for a product like @jtx_trade? Brian: "we've invested a lot of time and energy with our community to demonstrate to them that we have as strong of a commitment to JTO as we possibly can, this quarter was continuing to just enforce and demonstrate that commitment. so as you touched upon JIP 37 extends the onboarding incentive to BAM during this bootstrapping period, JIP 38 is more of a long term play. it demonstrates the clear linkage for JTX to JTO value accrual that we already see in motion over the last month which is programmatic buy and burns and overall just the strong linkage where the community can dictate the levers between reinvestment versus value accrual. overall 2026 was a year of significant investment in our two new products BAM and JTX, both of them are growing well and we hope that growth compounds in much more significant ways in 2027 but 2027 is also as we start to approach that a year where we hope that we can return to more value accrual to JTO token holders as those products can grow organically." 🎬 from Jito Q2 Quarterly call hosted by @blockworks
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pellucid 💜🎒 retweeted
solana is the home of stock trading onchain and JTX is where you can trade them seamlessly.
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pellucid 💜🎒 retweeted
"i would say the next big thing is BAM time so just providing more granular access to time progression for market makers. this let some quote tighter, bring more liquidity onchain. we're focused on apps and users, so users will get better pricing. PRECOMPS rollout coming soon."
solana slot times are now 300ms BAM now schedules ~30ms batches, up to 10 batches in a slot (up from 8) first order effect: market makers using MPP can now **deterministically** update their quotes up to 10 times per slot! second order effect: higher. much higher.
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pellucid 💜🎒 retweeted
Backpack is A full stock brokerage. A cutting edge securities tokenization platform. One of the lowest fee crypto cards in the world. A wallet on every chain. A custodian on every chain. An exchange on every chain. Stocks, crypto, and borrow/lends portfolio margined with spot-margin, borrow-lending, perpetuals on crypto, and perpetuals on stocks. In many places already, in some places soon, one of the most global and comprehensively regulated crypto companies in the world. Not a roadmap, just a product. Jobs not finished.
Stocks as collateral. Stocks as perpetual futures. Stocks as, well, stocks. You can now: ▸ Use real equities as collateral across Backpack's unified, cross-asset portfolio margin for stocks, crypto, and other instruments in a single account. ▸ Trade 24/7 perpetual futures on stocks and ETFs. ▸ Borrow USD, trade futures, or use spot on margin against your stock holdings. Today, we're starting with $MU, $SNDK, $SPY & $QQQ perps and Micron and SanDisk shares as collateral, with more coming soon.
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pellucid 💜🎒 retweeted
Stocks as collateral. Stocks as perpetual futures. Stocks as, well, stocks. You can now: ▸ Use real equities as collateral across Backpack's unified, cross-asset portfolio margin for stocks, crypto, and other instruments in a single account. ▸ Trade 24/7 perpetual futures on stocks and ETFs. ▸ Borrow USD, trade futures, or use spot on margin against your stock holdings. Today, we're starting with $MU, $SNDK, $SPY & $QQQ perps and Micron and SanDisk shares as collateral, with more coming soon.
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pellucid 💜🎒 retweeted
we are positioning JitoSOL during this environment to be as strong as it can so that we not only reclaim the TVL that was lost over the last nine months but we more than exceed that as the market recovers and so that's the focus on what we can control in growing JitoSOL from here
this has been up on the @jito forum for about a day and no one seems to have noticed looks like the team is taking a well timed bet on some changes to the JitoSOL stake pool by moving 25% of stake to their own validator running 0/0 fees which should raise JitoSOL yield by about 15 bps making it the highest yielding major SOL LST if SOL sees a solid rally & DeFi appetite picks back up you could potentially see a nice flywheel of more JitoSOL deposits leading to increased BAM stake weight, enhancing JTX execution quality, with JTX being the primary money maker at end of the day
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pellucid 💜🎒 retweeted
🎬 "it's so obvious that @solana is going to win. i am so bullish on this, i get more bullish every day. JTX data shows that executing trades on solana is much cheaper than centralized exchanges in large size. solana dominates in app revenue and it's by far the best network."
Solana is now regularly the 2nd largest spot crypto exchange behind Binance. Imagine its share vs centralized exchanges will only increase as asset support expands and performance continues improving. Big opportunity for $SOL as community looks to ramp monetization.
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