Jupiter to Launch New Prediction Market Built with Kalshi by Year-End

Solana-based decentralized exchange (DEX) aggregator Jupiter has revealed plans to roll out its new native prediction market platform before the end of the year. The project, developed in collaboration with prediction market provider Kalshi, aims to give users the opportunity to place bets on real-world events.

The company announced on Wednesday that it had launched the beta version of the Jupiter Prediction Market, marking its first step into this fast-growing sector. Kalshi will serve as the liquidity provider for the new platform, ensuring smooth market operations and reliability for participants.

According to Jupiter’s Q3 tokenholder report, the platform had 8.4 million active users during the third quarter of 2025, reflecting a 5% increase from the previous quarter. 

With the addition of prediction markets, Jupiter expects further growth in user activity and engagement, along with enhanced cross-product synergy and revenue. All of this could benefit JUP tokenholders in the long run.

Jupiter Prediction Market’s Beta Phase Begins

In its beta phase, Jupiter’s prediction market currently features a single event: predicting which Formula One driver will win the upcoming Mexico Grand Prix. The market’s maximum global contract limit is set at 100,000, with individual users restricted to 1,000 contracts each.

So far, trading activity has been strong. The inaugural test market’s volume has surpassed $100,000, with Max Verstappen emerging as the favorite to win, attracting 46% of predictions. Lando Norris follows closely with 27% of users backing him for victory.

Jupiter’s team plans to expand the number of available markets following the beta phase, with a full launch expected in the fourth quarter of 2025. The goal is to make prediction trading more accessible to both retail and institutional participants while deepening engagement across the Solana ecosystem.

Rising Institutional Interest in Prediction Markets

Interest in prediction markets has surged in recent months, fueled by increased institutional investment and rising trading volumes. Major platforms such as Polymarket and Kalshi have seen valuations climb sharply amid growing demand.

Earlier this month, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, invested $2 billion in Polymarket. This investment further valued the platform at $9 billion. 

Meanwhile, Kalshi secured $300 million in Series D funding, achieving a $5 billion valuation with backing from top firms including Sequoia Capital, Andreessen Horowitz, and Coinbase Ventures.

Weekly trading volume across prediction platforms reached a record $2.03 billion in mid-October. Jupiter’s timely entry into space positions it to capture a share of one of the fastest-growing trends in the blockchain industry.