- Jupiter DEX has partnered with Kalshi to launch a prediction market for the Mexico Grand Prix.
- Users can trade shares on the race outcome for the F1 event scheduled for October 27, 2025.
- Jupiter has seen its total value locked rise to $3.76 billion.
Solana’s leading DEX, Jupiter, has unveiled a new prediction market in collaboration with the US-regulated platform Kalshi.
The move comes as the crypto market experiences notable adoption growth, including increased interest in prediction marketplaces.
Jupiter’s beta launch of its prediction market is another milestone for the DEX platform.
Jupiter DEX launches Kalshi-powered prediction market
Jupiter Exchange, the prominent Solana-based decentralized exchange known for aggregating liquidity, announced on October 22, 2025 the rollout of its first prediction market, seamlessly powered by Kalshi.
Having amassed billions in trading volume since its inception, Jupiter positions this launch as a meaningful expansion beyond traditional token swaps.
By integrating Kalshi’s robust regulatory framework, the platform ensures compliance with federal standards while leveraging Solana’s high-throughput architecture and low fees.
Kalshi provides event data and result verification, while Jupiter’s smart contracts handle trading and payout settlements as part of the integration model.
Users will connect via popular Solana wallets such as Phantom and execute trades using the DEX’s V6 aggregator for optimal liquidity routing.
Jupiter brings F1 Grand Prix trading to users
The debut market targets the Formula 1 Mexico Grand Prix, scheduled for October 27, 2025 at Mexico City’s Autódromo Hermanos Rodríguez.
Top contenders on the card include Max Verstappen, Lando Norris, and Charles Leclerc.
Jupiter’s new prediction market lets users speculate on the Mexico Grand Prix winner through straightforward binary-style contracts.
Traders buy shares priced between $0.01 and $0.99, with the price reflecting the market’s collective view of a driver’s chances of victory.
For example, if Verstappen’s shares trade at $0.65, that implies a 65% perceived probability of him taking the checkered flag.
According to the platform’s details, trading begins immediately and runs until the race starts, with no cap on positions beyond available liquidity.
Jupiter has set low minimum stakes, making the market accessible to casual F1 fans as well as experienced DeFi traders.
Kalshi will verify the official F1 result via its API, which will trigger on-chain settlements and payouts.
Kalshi is one of the leading prediction market providers and recently raised $300 million in a Series D funding round amid international expansion, valuing the company at $5 billion and attracting prominent investors including Andreessen Horowitz, Sequoia Capital, Paradigm, and Coinbase Ventures.
Meanwhile, Jupiter Exchange remains a top DeFi protocol on Solana. Jupiter currently ranks second to Kamino by total value locked, with over $3.76 billion in TVL.
TVL has grown in recent months as platform activity increased significantly, notably following the launch of the DEX’s Jupiter Lend product.