Solana-based decentralized exchange aggregator Jupiter is preparing for the full launch of its native prediction market, developed in collaboration with Kalshi, before the end of 2025. The platform has just released a beta version that lets users place bets on real-world events, starting with the upcoming Mexico Grand Prix Formula One driver outcome. Kalshi supplies liquidity to this new market, marking a strategic expansion for Jupiter.
Kash Dhanda, COO of Jupiter Exchange, highlighted the platform’s ambition to offer diverse asset types under one roof and attract broader user engagement through prediction markets. He noted the rapid growth in this sector and emphasized the benefits for JUP tokenholders, including increased reach, synergistic cross-product growth, and enhanced revenue streams.
The beta currently supports a single event market with capped contracts to manage exposure, already gathering over $120,000 in volume. User feedback will play a pivotal role in refining the product as Jupiter gears up for a full rollout in Q4 2025.
This move coincides with heightened institutional interest in prediction markets, exemplified by recent substantial investments in industry leaders Polymarket and Kalshi. With the sector’s weekly trading volumes reaching record highs, Jupiter aims to become a significant player by integrating innovative prediction market assets directly onto the Solana blockchain.
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