Jupiter launches beta of prediction market with Kalshi and plans full release in Q4 2025 amid rising institutional interest.
Solana-based decentralized exchange aggregator Jupiter has announced plans to fully launch its native prediction market by the end of 2025.
The announcement follows the release of a beta version, which went live this week and is being developed in partnership with Kalshi, a regulated event contract platform that will provide liquidity for the new product.
Beta Version Goes Live with Initial Market Testing
Jupiter has launched the beta version of its prediction market, currently featuring one live market centered on the Mexico Grand Prix.
Users can place event-based bets, with limits set at 100,000 contracts globally and 1,000 contracts per user. The current volume has surpassed $120,000, with Max Verstappen receiving nearly 46% of the predictions.
Max Verstappen, or Lando Norris? Oscar Piastri or George Russell?
Jupiter’s first ever Prediction Market is now LIVE (in beta).
Powered by @Kalshi liquidity, you can trade on the F1 Mexico Grand Prix Winner 👇 pic.twitter.com/HaY8LnsThO
— Jupiter (🐱, 🐐) (@JupiterExchange) October 22, 2025
Kash Dhanda, Chief Operating Officer at Jupiter Exchange, confirmed that more markets will be added soon. He stated,
“We’ll keep iterating on the product and increasing limits in line with feedback we receive.”
The full launch is for the fourth quarter of the current calendar year.
Jupiter Seeks to Expand User Base Through Predictions Market
Jupiter aims to bring more users into its platform by diversifying its product offerings. The introduction of prediction markets adds a new category of on-chain assets. Dhanda explained that offering more tools under one platform increases user activity and platform engagement.
According to Jupiter’s Q3 tokenholder report, the platform had 8.4 million active users in the third quarter, marking a 5% increase over the previous quarter.
Jupiter expects the new prediction market to contribute to continued user growth and revenue, which would support long-term value for its native token, JUP.
Institutions Show Growing Interest in Prediction Market Platforms
Jupiter’s move comes at a time when institutional investment in prediction markets is rising.
Kalshi, Jupiter’s partner, recently completed a Series D funding round worth $300 million. Investors included Sequoia Capital, Coinbase Ventures, and Paradigm. Kalshi’s value is now at $5 billion.
Polymarket, another leading platform in this space, received a $2 billion investment from Intercontinental Exchange, valuing it at $9 billion.
Weekly trading volume across major prediction platforms reached $2.03 billion for the week ending October 13, according to Dune Analytics. This trend shows the growing traction of prediction markets in the digital asset ecosystem.
