Jupiter Exchange, a leading Solana-based decentralized aggregator, announced the beta launch of its new Prediction Market, created in collaboration with Kalshi, with a full rollout expected before the end of the year.
The platform allows users to bet on real-world outcomes, starting with a single event — the Formula One Mexico Grand Prix. Liquidity will be provided by Kalshi, while users can take positions capped at 1,000 contracts, with a global limit of 100,000 contracts.
Jupiter’s COO Kash Dhanda told Cointelegraph that prediction markets represent “a powerful evolution in on-chain assets.” He added that this integration will help the platform expand its user base while offering new utilities.
Jupiter reported 8.4 million active users in Q3, up 5% from the previous quarter. The company plans to incorporate user feedback into future iterations as it works toward a full launch later this year, marking its expansion into decentralized event-based trading.
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