Jito's TVL drops $193M, fees down 58%, signaling weaker activity but possible token accumulation.

Jito (JTO) experienced a significant decline with its Total Value Locked (TVL) falling by over $193 million to $1.076 billion, alongside a 58.56% drop in fees, indicating reduced user activity and revenue. The perpetual market showed net outflows and bearish signals, reflecting capital leaving the market. However, persistent spot exchange withdrawals suggest some investors might be accumulating or holding tokens, though fresh buying is not confirmed. This mixed activity leaves uncertainty about Jito's near-term price support and market strength.

As of Oct 15, 2026 20:22 WIB, Jito (JTO) trades at Rp8.071 on Pluang, down 11.94% in the last day with a market cap of Rp4.32 trillion. The platform shows a strong sell sentiment with 82% of orders leaning that way and a typical hold time of 30 days. This notable price drop aligns with the reported decline in TVL and fees, highlighting ongoing market challenges for JTO.