Jito launches BAM on Solana mainnet amid rising competition

Jito has officially launched its Block Assembly Marketplace (BAM) on the Solana mainnet, transitioning to an open-source model. This new framework prioritizes transparency, privacy, and application customization for block construction. Validators are beginning to onboard with BAM, which supports a plugin structure that allows developers to implement custom ordering logic, particularly useful for trading platforms. This initiative is expected to grow Solana’s developer ecosystem and align with its goal of becoming an onchain NASDAQ, as noted by Drift co-founder Cindy Leow. Directly benefitting from the launch, JitoDAO plans to redirect earnings from BAM fees to its community governance. Co-founder Lucas Bruder estimates BAM could contribute an additional $15 million in annual revenue. Jito currently leads Solana network infrastructure, with 97% of validators using its client, though competition is mounting. Notably, rival provider Raiku recently secured $15 million in funding, indicating an intensifying competitive landscape in decentralized infrastructure solutions.

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