Jupiter Secures $35M From ParaFi, Brings Polymarket to Solana

• Jupiter raised $35M from ParaFi Capital in JupUSD, with tokens locked, to fund broader on-chain financial infrastructure.

• Polymarket will launch on Solana via Jupiter, bringing prediction markets directly into the Solana DeFi ecosystem.

• Jupiter dominates Solana DEX routing, with ~$2.35B TVL, $650M annualized fees, and expanding DeFi products.

Jupiter confirmed it has secured a $35 million strategic investment from ParaFi Capital while announcing Polymarket’s first deployment on Solana. The moves aim to expand on-chain financial infrastructure and add prediction markets to Jupiter’s platform.

ParaFi Investment Details and Token Structure

According to Jupiter, the $35 million investment was settled entirely in JupUSD, the platform’s dollar-pegged token. The deal closed at the spot price of JUP at execution. ParaFi Capital also committed to an extended lockup period for the received tokens.

Jupiter described the funding as strategic, stating it will support development of on-chain financial infrastructure. Notably, the platform did not disclose additional financial terms. The investment comes as Jupiter continues expanding beyond swaps into broader decentralized finance products.

Polymarket Integration on Solana

Alongside the funding announcement, Jupiter revealed plans to integrate Polymarket onto Solana for the first time. The exchange said users will be able to access prediction markets directly through Jupiter. According to Jupiter, Polymarket is the largest prediction market platform in crypto.

Jupiter’s pseudonymous co-founder, meow, said “Jupiter Predict” will be a major focus over the next year. Planned work includes prediction market APIs and improved market discovery tools. However, neither Jupiter nor Polymarket shared a rollout timeline or technical integration details.

Jupiter’s Position in the Solana DeFi Ecosystem

Jupiter currently routes a majority of Solana’s decentralized exchange activity. In many periods, it handles more than 80% of organic DEX swap volume. As of Monday, total value locked on the platform stood near $2.35 billion, according to DefiLlama.

Annualized fees are estimated around $650 million, with protocol revenue near $150 million. Over the past year, Jupiter added perpetual trading, lending tools, and stablecoin products. These expansions coincided with increased activity across the Solana network.