How to Stake Algorand (ALGO) on Jito
Jito may not directly support ALGO staking, but you can still use Jito to buy ALGO and transfer it for staking.
Current APY
6.0%
Price
$0.1095
Platform Fee
4%
Platform Type
liquid
Step-by-Step: Stake ALGO on Jito
Get a compatible wallet
You'll need a Web3 wallet (like MetaMask, Phantom, or Keplr) that supports Algorand's network.
Acquire ALGO
Buy ALGO from an exchange and transfer it to your wallet, or swap for it using a DEX.
Visit Jito
Go to Jito's staking interface and connect your wallet.
Stake and receive liquid tokens
Enter your ALGO amount and confirm the staking transaction. You'll receive a liquid staking token (LST) representing your staked position.
Use your LST in DeFi (optional)
Your liquid staking token can be used across DeFi — lend it, provide liquidity, or hold it to earn staking rewards passively.
Jito for ALGO Staking: Pros & Cons
Pros
- + Higher APY than vanilla Solana staking via MEV tips
- + JitoSOL widely integrated in Solana DeFi
- + Low 4% fee — among the lowest for liquid staking
- + Strong ecosystem adoption and Jito DAO governance
Cons
- - Solana-only
- - MEV earnings can vary with market conditions
- - Smart contract risk
Other Platforms for ALGO Staking
Exchange · 25–35% commission on rewards
Exchange · 10–15% commission on rewards
wallet · No platform fee — only network/validator commission
wallet · No platform fee — validator commission only
wallet · No platform fee — validator commission only (note: Exodus's swap feature charges spread)