Odaily News Solana ecosystem DeFi protocol Kamino published a statement on X that it has introduced the new Jito market in Kamino Lend to promote the development of JitoSOL. The Jito market is supporting Kamino's first 10x Multiply Vault, which is now online in the application. In addition, SOL deposit users can receive 8,000 JTO incentives in the new market every week. Kamino said that JitoSOL occupies more than 43% of the SOL LST market, with a pledge volume of more than 14 million SOL, but only a small part of JitoSOL is actively deployed in DeFi. The Jito market is tailored to create new low-risk yield opportunities for JitoSOL holders. At launch, the market consisted only of JitoSOL and SOL, with 90% of the LTV allocated to JitoSOL to achieve efficient capital circulation between the two assets.