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Jupiter Debuts Kalshi-Backed Prediction Market Beta on Solana

The test uses $1 binary contracts with a broader rollout targeted for Q4 2025.

Overview

  • Jupiter’s beta opens with a single market on the Mexico Grand Prix winner, using yes/no contracts that redeem $1 per correct outcome.
  • Kalshi supplies liquidity, event data and regulated resolution, while Jupiter handles on-chain trading through Solana wallets.
  • Early trading has surpassed roughly $100,000 since launch per platform data, with Max Verstappen leading early odds around 46–48%.
  • Beta safeguards include a 100,000 global contract cap and a 1,000-per-position limit, with trading set to conclude around the Oct. 27 race.
  • Jupiter plans to expand to more markets in Q4 2025, as prediction platforms report about $2 billion in weekly volume and major recent financings for Kalshi and Polymarket.