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Crypto

Jito\'s JTX to launch mobile app soon, expand to perpetual futures

JTX, a Solana-based trading app operated by Jito, plans to launch a mobile app and add perpetual futures trading this winter, The Block reported. Brian Smith (브라이언 스미스), head of the Jito Foundation, said JTX will also add stock features within 2 weeks. JTX launched in July as a self-custody trading app. It supports spot trading in cbBTC, SOL, HYPE and meme coins, as well as tokenised stocks and ETFs, and charges fees per trade.

Crypto

Tron cumulative transaction value tops $30 trillion

Tron said the cumulative value of transactions settled on its blockchain has surpassed $30 trillion. Tron DAO attributed the growth to high processing speeds, low costs and ample liquidity. Tron has more than 405 million user accounts and over 15 billion cumulative transactions, with total value locked above $28 billion, The Block reported. Token Terminal said Tron leads networks in USDT transfer volume this year at about $6 trillion.

Crypto

Aave Labs proposes Aave Foundation in Cayman Islands, governance powers to remain with DAO

Aave Labs submitted an ARFC proposal to establish an ownerless Aave Foundation in the Cayman Islands. The foundation would hold, protect and license intellectual property including the Aave trademark, key domains and protocol code. The proposal covers a first phase focused on registration and appointments, with related registration, legal and establishment costs borne by the decentralised autonomous organisation (DAO). Governance powers would remain with the Aave DAO.