Solana-based decentralized exchange Jupiter said it will integrate Polymarket on its platform, marking the first time the prediction market will be accessible on the Solana network. The move positions Jupiter to expand beyond swaps and deepen its role in on-chain financial products.
Alongside the integration, Jupiter announced a $35 million strategic investment in its JUP token from ParaFi Capital. The deal was settled entirely in Jupiter’s dollar-pegged JupUSD token at spot price and includes an extended lockup period, signaling longer-term alignment between the firms.
Prediction markets have gained traction as traders seek exposure to event-driven outcomes tied to politics, macroeconomic data, and major news cycles. Jupiter said it plans to develop APIs, improved discovery tools, and new trading mechanisms, aiming to make prediction markets a core pillar of its platform alongside existing decentralized exchange services.