Solana-based decentralized exchange aggregator Jupiter has announced that its long-awaited prediction market platform will see a full public launch in the fourth quarter of 2025.
The company revealed that the project — developed in collaboration with Kalshi — has now entered its beta testing phase. The new feature allows users to place on-chain predictions on real-world outcomes, marking Jupiter’s entry into one of the fastest-growing segments in decentralized finance.
A Step Toward Diversification
According to Kash Dhanda, Chief Operating Officer at Jupiter, the move is part of the platform’s broader strategy to offer a diverse range of financial products under one ecosystem.
“Prediction markets are an important evolution for on-chain assets. Partnering with Kalshi enables us to expand our offerings and attract new users to the Solana ecosystem,” Dhanda said.
He added that the feature will not only help expand Jupiter’s user base but also strengthen cross-product engagement and boost long-term value for JUP tokenholders.
Beta Test and Early Performance
The beta version currently includes one active market — predicting the winner of the upcoming Formula One Mexican Grand Prix. Participation is capped at 100,000 contracts in total, with a 1,000-contract limit per user.
Since going live, the inaugural market has generated over $120,000 in trading volume, with Max Verstappen emerging as the top pick among users, followed by Lando Norris.
Dhanda confirmed that more prediction markets will be added in the coming weeks as the team gathers community feedback and scales capacity ahead of the full rollout.
“We’ll continue refining the experience based on user insights and gradually raise limits. The goal is a complete product launch before the year ends,” he noted.
Rising Institutional Interest
The broader prediction market industry is witnessing rapid growth. Platforms like Polymarket and Kalshi have attracted major institutional funding as trading volumes hit record highs.
Recently, Intercontinental Exchange (ICE) — parent company of the New York Stock Exchange — reportedly invested $2 billion in Polymarket, valuing it at $9 billion. Meanwhile, Kalshi raised $300 million in a Series D round, backed by firms including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG, Coinbase Ventures, and Spark Capital, pushing its valuation to $5 billion.
Industry data suggests that weekly global trading volumes in prediction markets have surpassed $2 billion, underscoring the growing investor confidence in this emerging DeFi niche.
With its upcoming full launch, Jupiter aims to capture a slice of this expanding market — combining the speed of Solana with the liquidity of Kalshi to deliver a user-driven, transparent, and scalable prediction trading experience.
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