Jupiter DEX has teamed up with Kalshi to launch a prediction market for the Mexico Grand Prix.
Users can trade shares on race outcomes on the F1 race slated for Oct. 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 partnership with the US-compliant platform Kalshi.

The move comes as the crypto market witnesses a notable surge in overall adoption, including via prediction marketplaces.

Jupiter’s launch of its prediction market in beta marks yet another milestone for the DEX platform.

Jupiter DEX launches Kalshi-powered prediction market

Jupiter Exchange, the prominent Solana-based decentralized exchange known for its liquidity aggregation prowess has today, October 22, 2025, announced the rollout of its inaugural prediction market, seamlessly powered by Kalshi.

Jupiter, which has amassed billions in trading volume since its inception, has positioned this launch as an important expansion beyond traditional token swaps.

Max Verstappen, or Lando Norris? Oscar Piastri or George Russell?

Jupiter’s first ever Prediction Market is now LIVE (in beta).

Powered by @Kalshi liquidity, you can trade on the F1 Mexico Grand Prix Winner 👇 pic.twitter.com/HaY8LnsThO

— Jupiter (🐱, 🐐) (@JupiterExchange) October 22, 2025

By integrating Kalshi’s robust regulatory framework, the platform ensures adherence to federal standards while harnessing Solana’s high-speed, low-fee architecture.

Kalshi supplies event data and verification, while Jupiter’s smart contracts handle trading and payouts as part of the integration model.

Users  will connect through familiar Solana wallets as Phantom, executing trades through 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, set for October 27, 2025, at Mexico City’s Autódromo Hermanos Rodríguez.

On the card for the race are top contenders like Max Verstappen, Lando Norris, and Charles Leclerc.

The new prediction market on Jupiter empowers users to speculate on the Mexico Grand Prix winner through intuitive, binary-style contracts.

Traders purchase shares priced from $0.01 to $0.99, where the value mirrors collective market sentiment on a driver’s victory odds.

If Verstappen’s shares trade at $0.65, for instance, it implies a 65% perceived chance of him claiming the checkered flag.

According to details, trading commences immediately and continues until the race starts, with no upper limit on positions beyond available liquidity.

Notably, Jupiter has minimum bets set low, which should see it appeal to both casual F1 enthusiasts and seasoned DeFi traders.

Kalshi will verify the official F1 result via its API, triggering on-chain redemptions.

Kalshi is one of the top prediction markets in the space and recently raised $300 million in a series D funding round amid its global expansion.

The funding valued Kalshi at $5 billion, with leading venture capital firms like Andreessen Horowitz, Sequoia Capital, Paradigm and Coinbase Ventures backing it.

Jupiter Exchange, meanwhile, has remained a top DeFi protocol on Solana. Currently, Jupiter ranks second behind Kamino in terms of total value locked, with over $3.76 billion.

TVL has grown in recent months as activity soared – particularly following the launch of the DEX protocol’s Jupiter Lend product.

The post Jupiter DEX partners with Kalshi to launch F1 Mexico Grand Prix prediction market on Solana appeared first on CoinJournal.

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Filed under: Bitcoin - @ October 22, 2025 10:20 am