Polymarket Expands to Solana Through Jupiter Integration in $35M JUP Deal

CryptoNewsFlash
SOL-3,41%
JUP-3,31%
USDC-0,02%

  • Polymarket will launch on Solana via Jupiter, bringing prediction markets directly into the exchange’s on-chain trading platform.
  • ParaFi invests $35 million in JUP via JupUSD at spot price, with an extended lockup to support Jupiter’s buildout.

Jupiter, a Solana-based decentralized exchange, said it will integrate Polymarket on its platform, marking Polymarket’s first planned expansion to Solana. Jupiter stated on X that users will be able to access prediction markets “on one onchain platform.” This integration is part of a broader effort to build a dedicated prediction-market section within Jupiter’s product suite.

jupiter predict is going to be a major focus for us in the next year, and we aim to innovate on a number of things:

– robust prediction market apis
– new ux on market discovery
– useful data on individual markets
– novel mechanisms to trade and communicate

we have put… https://t.co/5cgJtOxg9e

— meow (@weremeow) February 2, 2026

Polymarket operates event-based markets where traders take positions on outcomes tied to topics such as elections, economic data releases, and major news events. The exchange described Polymarket as a leading prediction market in crypto and framed the integration as a way to expand market access for Solana users through Jupiter’s existing interface.  The companies did not share details on custody arrangements, market structure, or how users will route orders through the integration. Last December, MetaMask added native Polymarket access in MetaMask Mobile, allowing users to join prediction markets and place on-chain positions without leaving the wallet. CNF reported that MetaMask also enabled MetaMask Rewards points for eligible Polymarket interactions while keeping transactions self-custodied within the app. ParaFi Capital Backs Jupiter with $35 million JUP Purchase Alongside the Polymarket announcement, Jupiter disclosed a $35 million strategic investment from ParaFi Capital in the JUP token. The exchange said the transaction was completed at spot price and settled entirely in JupUSD, the project’s dollar-pegged token. The exchange added that ParaFi agreed to an extended lockup for the purchased JUP, but did not specify the lockup duration or any additional terms. Jupiter’s co-founder, meow, said “Jupiter predict” will be a core focus over the next year. Planned work includes prediction-market APIs, improved market-discovery features, and new trading mechanisms for prediction products. Jupiter did not provide a rollout date for Polymarket on Solana or a development timeline for the related tooling. Prediction markets have gained wider usage over the past year as traders use them to express views on event outcomes. At the same time, parts of the sector have faced regulatory attention in some jurisdictions, creating varying operating conditions for platforms depending on where users are based.  Jupiter’s existing on-chain activity remains concentrated in swaps and related DeFi services on Solana. Data from DefiLlama put total value locked on the platform at about $2.35 billion as of Monday, with annualized fees near $650 million and annualized protocol revenue around $150 million.  The DEX said the ParaFi-backed funding will support work on on-chain financial infrastructure, while the Polymarket integration expands its prediction-market offering on Solana. Additionally, the exchange recently launched JupUSD, a U.S. dollar-pegged stablecoin for Solana, stating that about 90% of reserves are in USDtb backed by BlackRock’s BUIDL fund, and the rest in a USDC liquidity buffer. As we covered, JupUSD is integrated across the exchange’s products, with audited, open-sourced contracts and institutional self-custody via Anchorage Digital.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana Price Stalls Near $80 as ETF Outflows Weigh

Solana trades around $80, facing bearish sentiment due to ETF outflows and declining retail participation. Technical indicators show mixed signals, with resistance at $87 and $98, while support at $77 remains critical for stability.

CryptoFrontNews26m ago

Solana Adoption Surges to 167M While Usage and Price Diverge

Key Insights Solana reached 167 million holders, signaling strong adoption growth even as active addresses declined, showing a widening gap between ownership and usage trends. Institutional interest increased as DeFi Development Corp accumulated over 2.22 million SOL, reinforcing long-term c

CryptoNewsLand13h ago

Singapore Gulf Bank Launches Zero-Fee Stablecoin Service on Solana for Institutional Clients

Singapore Gulf Bank has introduced a stablecoin conversion service for corporate and high-net-worth clients, enabling zero-fee fiat-to-stablecoin transactions on the Solana network. It supports multiple blockchains and enhances liquidity management.

GateNews04-17 21:02

XRP Goes Live on Solana as Official Wrapped Token

Ripple's XRP launched on Solana as a wrapped cross-chain asset on April 17, partnering with Hex Trust and others. This move, aimed at boosting liquidity and expanding access to Solana's DEX ecosystem, highlights Solana's growing role in cross-chain tokenization.

GateNews04-17 20:11

Singapore Gulf Bank Launches Stablecoin Minting Service, Offering Zero Fees on Solana

Singapore Gulf Bank launched a stablecoin minting and redemption service for corporate clients, allowing conversions between fiat and USD stablecoins with no fees on Solana for transactions over $100,000. This aims to enhance cash flow and boost USDC adoption.

GateNews04-17 16:51

Bitcoin ETFs See Daily Outflow While Ethereum and Solana ETFs Post Gains on April 17

Gate News message, according to the April 17 update, Bitcoin ETFs recorded a 1-day net outflow of 142 BTC ($10.98M) and a 7-day net inflow of 7,093 BTC ($550.09M). Ethereum ETFs showed a 1-day net inflow of 22,357 ETH ($54.55M) and a 7-day net inflow of 89,684 ETH ($218.83M). Solana ETFs posted a 1-

GateNews04-17 15:54
Comment
0/400
No comments