Summary
- Jito Labs said it will launch a trading terminal called JTX aimed at retail investors.
- JTX will begin with spot cryptocurrency trading in July, followed by perpetual futures trading with Solana-based Phoenix and prediction-market features.
- Perpetual futures and prediction markets are emerging as key themes in the crypto industry this year, drawing new users looking to trade real-world assets such as gold and crude oil, as well as real-world events.
Forecast Trend Report by Period
Jito Labs, a core infrastructure company in the Solana ecosystem, is launching JTX, a trading terminal aimed at retail investors.
The Block reported on May 15 that Jito Labs plans to roll out JTX in July, starting with spot cryptocurrency trading. It then plans to add perpetual futures in partnership with Phoenix, a Solana-based exchange. The company also plans to introduce prediction-market features through a new protocol.
Perpetual futures and prediction markets are among the crypto industry's main themes this year. They are rapidly drawing in new users seeking exposure to real-world assets such as gold and crude oil, as well as real-world events.
"A new era of on-chain trading is opening up," Jito Labs Chief Executive Officer Lucas Bruder said. Users no longer define themselves solely as crypto investors, he added. "Traders in the truest sense — people who want to trade every asset — are coming in."
Doohyun Hwang
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