Jupiter Brings Polymarket to Solana, Secures $35M to Build On-Chain Predictions Hub

Solana-based decentralized exchange Jupiter has announced plans to bring Polymarket to the network for the first time. Notably, this positions the platform as a more comprehensive on-chain predictions hub while also securing a $35 million strategic investment from ParaFi Capital.

“For the first time, Polymarket is coming to Solana. On Jupiter,” the exchange said in a post on X, adding that users will be able to trade prediction markets “on one on-chain platform.” Jupiter described Polymarket as “the biggest predictions market in crypto” and said the integration is designed to make Jupiter the most innovative prediction platform on Solana.

Polymarket Integration Marks Strategic Expansion

The move signals a broader push by Jupiter to expand beyond swaps and spot trading into prediction markets, a sector that has gained renewed traction over the past year. Interestingly, traders have increasingly turned to prediction markets to speculate on election outcomes, macroeconomic data releases and major news events.

Polymarket has emerged as one of the sector’s leading platforms, drawing liquidity and user attention despite growing regulatory scrutiny in several jurisdictions.

Additionally, Jupiter’s co-founder, known pseudonymously as meow, said “Jupiter predict” will be a major focus over the next year, with development efforts spanning new prediction market APIs and improved market discovery tools.

While neither Jupiter nor Polymarket provided a timeline for the rollout, Jupiter’s messaging suggests prediction markets will become a core pillar of its growth strategy alongside existing on-chain products.

$35M ParaFi Deal Fuels On-Chain Infrastructure Push

Alongside the integration announcement, Jupiter revealed it has secured a $35 million strategic investment in its JUP token from ParaFi Capital.

Moreover, the deal will be settled entirely in JupUSD, Jupiter’s dollar-pegged token, and closed at spot price. ParaFi has also agreed to an extended token lockup, underscoring its long-term commitment to the project.

Jupiter said the funding will accelerate work on on-chain financial infrastructure and deepen its role within the Solana DeFi ecosystem. ParaFi is a prominent digital asset investment firm that has backed several major DeFi and blockchain infrastructure projects.

Furthermore, Jupiter already commands a significant presence on Solana. The platform routes orders across multiple decentralized exchanges and often processes more than half of Solana’s organic DEX trading volume. At the time of writing, Jupiter held about $2.35 billion in total value locked, with annualized fees of nearly $650 million and protocol revenue of around $150 million, according to DefiLlama.

The post Jupiter Brings Polymarket to Solana, Secures $35M to Build On-Chain Predictions Hub appeared first on CoinTab News.