AI Summary
5 min readJito Goes Vertical: Lucas Bruder on Building JTX, the Prosumer Trading Terminal for Solana
The first time you try to buy a tokenized stock on Solana today, you'll likely find three or four different versions of NVIDIA, each with its own chart, and each chart full of wicks from low liquidity. That fragmented, confusing experience is exactly what Jito founder Lucas Bruder wants to fix with JTX, a new prosumer trading terminal that aims to bring centralized-exchange quality to on-chain trading — and eventually take market share from Coinbase, Binance, and even the NYSE.
Why Jito Is Building a Trading App
Jito has spent years as Solana's infrastructure backbone — the largest validator client, the dominant block builder, and the team behind JitoSOL, the network's deepest liquid staking pool. Bruder describes the company's competence as operating "down in the basement" of Solana's microstructure. But there are limits to what you can accomplish at the infrastructure layer to bring new users on chain. After months of ideation, the team decided that building a front-end trading experience was the highest-leverage way to grow the ecosystem.
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What you'll learn
- 1 (00:01) **Opening & Solana State of Play** - Lucas Bruder (Jito) joins to discuss the Solana ecosystem and the launch of JTX
- 2 (02:17) **JTX Product Vision & Prosumer Thesis** - JTX is a prosumer trading terminal targeting a missing market segment
- 3 (03:39) **Jito's Vertical Integration & New Capabilities** - Jito is leveraging its infrastructure expertise to build a consumer app
- 4 (05:26) **JTX Feature Set & Opinionated Design** - Clean UX with advanced order types for everyday users
- 5 (07:41) **Leveraging Jito's Transaction Ordering Knowledge** - No preferential treatment, but deep expertise improves execution
- 6 (09:57) **Competition & Market Share Strategy** - Primary competition is centralized exchanges, not other DEXs
- 7 (10:55) **JTO Token Value Accrual from JTX** - 80% of JTX revenue goes to the DAO, buying JTO
+ Full timestamped outline available in the app
Show Notes
Onchain trading infrastructure is reaching a point where it can seriously compete with centralized exchanges. Jito founder Lucas Bruder joins David to introduce JTX, a new prosumer trading terminal built to bring major crypto assets, tokenized equities, perps, and eventually global markets into one onchain experience.
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TIMESTAMPS
0:00 Solana and Tokenized Stocks
2:22 What Is JTX?
8:44 A Better Trading UX
11:25 Better Execution
15:37 The JTX Roadmap
19:35 JTO and SOL Tokenomics
25:23 Why Solana Got Better
29:34 Prop AMMs Explained
37:25 Liquidity and Market Makers
40:04 Solana vs. Robinhood Chain
46:51 The JTX Rollout
48:07 Global Markets and the SOL Thesis
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RESOURCES
Lucas Bruder
https://x.com/buffalu__
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