Jupiter, the leading Solana-based DEX aggregator, announced a major expansion today: it will integrate Polymarket — one of crypto’s largest prediction-market platforms — directly onto Solana via the Jupiter interface. The project framed the move as a step toward turning Jupiter into a “fuller on-chain predictions hub,” enabling users to trade prediction markets “on one onchain platform,” according to a post on X. The integration pairs with a significant financial backing: ParaFi Capital has agreed to a $35 million strategic purchase of JUP, Jupiter’s native token. Jupiter said the transaction will be settled entirely in JupUSD, its dollar-pegged token, executed at spot price, and includes an extended token lockup from ParaFi as part of the deal. Jupiter positioned the capital as fuel for accelerating its work on “onchain financial infrastructure.” Jupiter’s pseudonymous co-founder, meow, flagged “Jupiter Predict” as a major focus for the coming year. Planned priorities include robust prediction-market APIs, redesigned market-discovery UX, richer market-level data, and “novel mechanisms to trade and communicate” — all intended to make prediction markets a first-class product on the platform. Why this matters: prediction markets have regained prominence as a tool for trading event outcomes — from elections to macroeconomic releases and major news events — and Polymarket has been among the category leaders, drawing liquidity and attention even as parts of the sector face regulatory pressure in some jurisdictions. Bringing Polymarket onto Solana could broaden access to those markets and funnel additional trading volume into Jupiter’s ecosystem. Jupiter already commands a sizable on-chain footprint: DefiLlama data cited total value locked on the platform at roughly $2.35 billion (as of Monday), with annualized fees near $650 million and annualized protocol revenue around $150 million. Neither Jupiter nor Polymarket provided a rollout timeline or detailed explanations about custody, market access, or compliance implications for the integration. Taken together, the integration and the ParaFi investment signal Jupiter’s intent to make prediction markets a core pillar alongside swaps and other on-chain products, expanding the platform’s scope and potentially attracting new types of traders to Solana. Read more AI-generated news on: undefined/news