Markets
What’s the Deal?
- So Jupiter, this Solana-based buddy of ours, decides to bring Polymarket over for a visit. Because apparently, on-chain predictions weren’t fancy enough already.
- And hold onto your hats, they just scooped up a whopping $35 million from ParaFi Capital. All settled in JupUSD-because who needs actual cash when you’ve got tokens that are pegged to the dollar?
- No one knows when or how this is happening, but Jupiter’s planning to make prediction markets the star of the show alongside swaps. Think APIs, discovery tools, and new ways to trade-basically, more stuff to confuse everyone.
So, Jupiter says, “Hey, Polymarket’s coming to Solana – it’s about time, right?” Because nothing says excitement like trading predictions on a blockchain. They even called Polymarket “the biggest predictions market in crypto,” which is like calling yourself the tallest midget in the room.
And the funding? Oh, just a casual $35 million in JUP from ParaFi. No big deal. It’s all in JupUSD-sounds like Monopoly money, but apparently it’s not. They also promised extended token lockup-because who doesn’t love feeling like their assets are on lockdown?
Meow, the ghostly co-founder, said “Jupiter predict” will be the big thing next year. Because what could possibly go wrong with more prediction APIs, snazzy discovery tools, and “useful data” that will probably just be more confusing?
“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 communicatewe have put…”
– meow (@weremeow) February 2, 2026
Prediction markets are making a comeback, probably because people love betting on things like election results and macro data. It’s the latest flavor of “let’s gamble on the future,” just with prettier charts and more jargon.
Polymarket’s still pretty much king of the hill, drawing liquidity like a magnet. Jupiter’s footprint? Already massive-$2.35 billion locked, earning roughly $650 million a year in fees. Who knew predicting the future could be so profitable?
As for rollout plans? No one has a clue. Like most crypto stuff, it’s “coming soon,” meaning maybe never, maybe never. But hey, they want prediction markets to sit right next to swaps and other fancy on-chain stuff-because who doesn’t want more things to break?
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2026-02-02 10:08