Jito launches Block Assembly Marketplace on Solana: A major step for the “onchain NASDAQ”

On September 25, #JITO officially launched Block Assembly Marketplace (BAM) on Solana mainnet, marking the transition from a proprietary block engine tool to an open-source model.

BAM allows validators and developers to use a plugin framework with application-controlled execution (ACE) features, supporting customized transaction sorting logic for platforms such as central limit order books (CLOB) and derivatives exchanges. This is expected to significantly expand the Solana ecosystem, aiming to become an “onchain NASDAQ”.

In terms of finance, JitoDAO – the community governance body – will directly benefit. Holders of $JTO have agreed to allocate all fees from BAM to the DAO. Jito co-founder Lucas Bruder estimates that BAM could generate $15 million in annual revenue, in addition to the $4.7 million that Jito earned in Q3.

Currently, Jito has a dominant infrastructure of #solana with over 97% of validators using their client and the jitoSOL token holding the largest staking market share. However, competition is increasing: Raiku recently raised $13.5 million from Pantera Capital, while Anza upgraded the Agave client to optimize speed and stability.

⚠️ Risk warning: The crypto market is always highly volatile. While Solana and Jito are making significant progress, investors need to closely monitor infrastructure competition and DAO governance before making decisions. #anhbacong