Jito Network
About
Jito is the MEV-optimized liquid staking and infrastructure protocol built on Solana. It offers JitoSOL, a liquid staking token that accrues both standard Solana staking rewards and additional MEV rewards from the Jito-Solana validator client's transaction auction mechanism, and it provides a (re)staking platform where any SPL token can be deposited into vaults to secure Node Consensus Networks (NCNs) while receiving Vault Receipt Tokens for continued DeFi composability. The protocol also powers the StakeNet autonomous validator manager and the TipRouter NCN for decentralized MEV tip distribution.
Where Does Yield Come From?
Jito Network generates yield through several connected layers. Here is how each part works.
JitoSOL — liquid staking with two reward sources
Holding JitoSOL earns you yield automatically as the token's value rises against SOL. This happens in two ways.
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Standard staking rewards — Solana pays inflation rewards to validators who secure the network. Validators running Jito's software pass these rewards to the JitoSOL pool, which increases how much SOL each JitoSOL is worth. No new tokens are minted; the exchange rate simply goes up.
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MEV rewards from transaction auctions — Traders who want their transactions processed in a certain order pay "priority tips" (bids) to block-building engines. Validators using the Jito-Solana client collect these tips and share them with stakers after keeping a fee (commission) that varies by validator.
Out of every 100% of MEV tips, the protocol routes 6% through a system called the TipRouter NCN (a "Node Consensus Network" — a network of validators coordinating to distribute these rewards). Of that 6%: 5.7% goes to the Jito DAO treasury, 0.15% goes to JitoSOL stakers, and 0.15% goes to JTO token stakers. The rest of the tips (94%) flow through validators directly to the JitoSOL pool (minus each validator's commission).
Jito (Re)staking — depositing tokens to secure NCNs
Users can deposit supported tokens (SOL, JitoSOL, JTO, or other liquid staking tokens) into vaults. In return, they receive Vault Receipt Tokens (VRTs), which can still be used in other DeFi applications.
The deposited assets are used to secure Node Consensus Networks, such as the TipRouter NCN. In exchange for helping secure these networks, vault depositors earn rewards distributed proportionally to their deposit size.
Putting it all together
Your yield is a blend of three streams:
- Solana's inflation rewards from staking
- MEV tip proceeds from the transaction auction system
- NCN-specific rewards from the restaking layer
All of these accrue automatically — either through the rising JitoSOL/SOL exchange rate or through the increasing value of VRTs — rather than arriving as separate payments.
Persons
Lucas Bruder
Co-founder and CEO, Jito Labs
Marc Liew
Head of APAC, Jito Foundation
Audits
| Audit / Date | Findings | Verdict |
|---|---|---|
Quantstamp06-09-2021 - 22-10-2021 |
| The audit found no high or critical vulnerabilities; all three medium-severity issues were resolved before finalisation, and the remaining acknowledged items reflect intentional design decisions rather than exploitable risks. The stake pool program was assessed as well-structured and safe for deployment as of the audit date. |
| The audit report is unavailable at the provided URL due to a persistent 404 error, so no assessment of protocol safety can be derived from this document. | |
Kudelski Security24-04-2021 - 31-05-2021 |
| The audit identified no critical or high-severity vulnerabilities, with the single medium-severity finding (unvalidated reserve account) addressable via an explicit key check, meaning the Stake Pool program's core security posture was assessed as sound at the time of review, though the Medium finding warranted remediation before production deployment. |
OtterSec12-10-2024 |
| This document is a scope-and-engagement overview rather than a findings report; no vulnerabilities or severity counts are presented, so it provides no basis for assessing the safety posture of the protocol. |
OtterSec30-05-2024 |
| The scope page confirms OtterSec reviewed targeted fixes for the Jito v1.18 release, but the available document does not enumerate any findings or their severity, making a safety assessment impossible from this material alone. |
Neodyme04-07-2022 - 09-08-2022 |
| No critical or high-severity issues were discovered; the one medium and one low finding were resolved prior to publication, and the informational item was acknowledged, indicating the Jito MEV Validator was assessed as reasonably secure for its stated scope. |
Halborn12-10-2022 - 06-12-2022 |
| The audit identified no critical, high, or medium severity vulnerabilities, with four informational findings all acknowledged by Jito Labs, indicating a sound security posture for the Jito Solana validator fork within the scope examined. Residual concerns relate to dependency hygiene and operational alignment between the validator and on-chain tip programs. |
Certora08-08-2024 - 19-09-2024 |
| The Certora audit found 4 high-severity and 7 medium-severity issues, with all 4 critical/high findings fixed and the remaining acknowledged items limited to documentation clarifications, meaning the core vault protocol risks have been effectively remediated and formally verified. |
Certora31-10-2024 - 11-11-2024 |
| The audit identified 7 issues (2 high, 3 medium, 2 low), all but one medium were remediated, and the unfixed item was accepted due to discontinued Token2022 support — leaving the core vault logic in a secure state for production use. |
Offside Labs28-10-2024 - 06-11-2024 |
| The audit found no critical or high-severity vulnerabilities; the single medium-severity logic flaw was fixed before publication, and the remaining acknowledged issues are low-risk or informational. |
OtterSec20-09-2024 - 10-10-2024 |
| The audit uncovered a critical vulnerability and four high-severity issues, all of which were resolved before the report's publication, indicating that the Jito team responded diligently and the restaking program's security was meaningfully strengthened through this engagement. |
Certora23-12-2024 - 13-01-2025 |
| The Certora audit identified 6 critical and 1 high-severity vulnerability, all of which were fixed prior to publication, substantially reducing the risk profile. The sole acknowledged medium-severity DoS vector (M-02) carries an acceptable operational risk as the mitigation merely requires a permissionless cranker to restart routing. |
Offside Labs24-12-2024 - 10-01-2024 |
| The audit identified and resolved all critical and high-severity issues before publication, with the team fixing 17 of 21 findings and acknowledging 3 low/medium-risk items that do not pose an immediate threat to protocol safety. Residual acknowledged items relate to stake accounting precision and dust handling rather than critical security breaches. |
Backers
No explicit funding rounds (amounts, dates, or series names) are disclosed on the official Jito website (jito.network). The Institutions page features a testimonial from Kyle Samani, Managing Partner at Multicoin Capital, indicating Multicoin Capital is associated with Jito as an early backer. No other specific venture capital investors, fundraising announcements, or round details were found on the official site, blog, governance docs, or GitHub.
Legal
Legal form
Foundation (Jito Foundation, also referred to as Jito Foundation, Inc.)
Registration jurisdiction
Cayman Islands
Status and notes
Operator is Jito Foundation (also referred to as Jito Foundation, Inc.). The Terms of Use, Privacy Policy, and Cookie Policy are publicly available at jito.network. The Terms of Use are governed by the laws of the Cayman Islands, with arbitration under the Cayman International Mediation and Arbitration Centre. Contact email: [email protected]. Footer states '© 2025 Jito Foundation. All rights reserved.'