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Polymarket launches on Solana through Jupiter integration

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Polymarket launches on Solana through Jupiter integration

Jupiter has integrated Polymarket into its platform, bringing crypto’s largest prediction market to Solana for the first time and giving users direct access to event-based trading without leaving the Jupiter app.

Summary

  • Jupiter added Polymarket through a native Solana integration.
  • Users can now trade prediction markets without leaving the app.
  • The move strengthens Solana’s position in consumer decentralized finance.

The decentralized exchange announced the partnership on Feb. 1, saying Polymarket is now available through a dedicated “Prediction” tab inside Jupiter. Users can trade prediction markets directly on-chain, without bridging stablecoins or switching platforms.

In a post on X, Jupiter (JUP) said the integration is aimed at turning the app into “the most innovative predictions platform on Solana,” combining Polymarket’s markets with what it described as a streamlined user experience.

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Integration removes friction for prediction traders

The new feature allows Jupiter users to access Polymarket’s contracts natively on Solana (SOL), reducing the technical steps that previously limited participation. Using prediction markets has usually meant switching between several tools and platforms.

With Polymarket now integrated into its app, Jupiter streamlines that experience, allowing users to access event-based markets and decentralized trading in one place.

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Jupiter previously introduced a Kalshi-powered beta product in late 2025 focusing on sports and other major events. Through the new partnership, Polymarket gains deeper exposure to the Solana ecosystem and taps into Jupiter’s growing community of users.

Previous expansions had been achieved via integrations with MetaMask and World App. The collaboration with Jupiter introduces an additional distribution channel. Analysts suggest that keeping users within Jupiter’s ecosystem could generate significant new fee revenue.

Booming sector draws attention from investors and regulators

The prediction market sector has been expanding rapidly heading into 2026, fueled by political betting, sports events, and real-time speculation on economic and social trends. Industry reports show that roughly $12 billion in trading volume was recorded in January alone, producing over $11 million in on-chain fees.

With an estimated valuation of between $9 billion and $10 billion, Polymarket has become the industry leader. Its dominance has been further cemented through data partnerships with major media outlets like Yahoo Finance, Dow Jones, and The Wall Street Journal. 

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The state of regulations has also improved. A proposal introduced in 2024 that sought to restrict political and sports-based contracts was later withdrawn by the U.S. Commodities Futures Trading Commission, easing some regulatory uncertainty for the sector.

Industry estimates suggest that if adoption continues to expand, annual trading volumes could eventually exceed $500 billion.

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Every 5 Minutes: Korea’s New Rule for Crypto Exchanges

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South Korea’s financial regulator has ordered all crypto exchanges to verify user asset balances every five minutes, following a massive overpayment incident that shook market confidence earlier this year.

One botched reward payout exposed systemic cracks across the entire industry.

What Triggered the Rules

In February, Bithumb accidentally sent 2,000 BTC per person instead of 2,000 Korean won ($1.40) during a promotional event. The error amounted to roughly $42 billion in misallocated crypto. The Financial Services Commission (FSC) launched emergency inspections across all five major Korean exchanges immediately after. What they found went far beyond a single human mistake.

Most exchanges were only reconciling their books once every 24 hours. Three had no automatic kill switch to halt trading when discrepancies appeared. Four lacked multi-step approval systems for high-risk manual transactions. Two exchanges hadn’t even separated their general accounts from high-risk transaction accounts — a basic safeguard.

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What Exchanges Must Now Do

The FSC announced a three-pillar reform package on April 6. Exchanges must run automated balance checks every five minutes, with alerts and automatic trading halts triggered by major mismatches. Monthly external audits replace the previous quarterly schedule, and public disclosures must now include asset-by-asset blockchain holdings rather than a simple coverage ratio.

For manual, high-risk transactions such as event payouts, exchanges must use separate accounts, deploy validity-check systems that automatically reject mismatched inputs, and require cross-verification by a third party before execution.

The FSC will also require exchanges to appoint dedicated risk management officers and establish risk management committees — standards already expected of traditional financial firms. Compliance checks move from annual to twice-yearly, with results reported to regulators.

DAXA, the industry body, will complete self-regulatory amendments this month, with systems built out by May. Key provisions will feed into Korea’s forthcoming second-phase Digital Asset Act.

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The post Every 5 Minutes: Korea’s New Rule for Crypto Exchanges appeared first on BeInCrypto.

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Chaos Labs Leaves Aave Due to Budget, Risk Disagreements

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Chaos Labs Leaves Aave Due to Budget, Risk Disagreements

Chaos Labs has parted ways with the Aave ecosystem after serving as the crypto lending protocol’s main risk service provider for three years, citing a budget dispute and disagreements over how Aave should manage risk.

“This decision was not made in haste,” Chaos Labs founder Omer Goldberg said in a post to X on Monday. “We worked in good faith with DAO contributors. Aave Labs was professional and supported increasing our budget to $5m to retain us. However, we are leaving because the engagement no longer reflects how we believe risk should be managed.”

Source: Omer Goldberg

Aave Labs CEO Stani Kulechov said that Chaos didn’t depart on bad terms, but claimed that Chaos pitched a proposal seeking to become the sole risk provider and thus force out other partners — a compromise Aave wasn’t willing to accept.

Chaos played a key role in Aave’s back-end infrastructure, from pricing loans and managing risk in the Aave V2 and V3 markets since November 2022, during which Aave’s total value locked rose fivefold to $26 billion.

Risk has been a major talking point in the Aave community after a user lost $50 million in a trade while interacting with Aave’s interface on March 12. The following week, Aave said it would introduce an “Aave Shield” protection feature to deter users from high-risk trades.

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As for Chaos’ departure, Goldberg said there became an increasing misalignment over how the parties thought risk should be managed. He noted that some Aave contributors had left, raising its workload, while also arguing that Aave V4’s expanded functionality introduced additional operational and legal risks that fell on Chaos’ shoulders.

“While Aave Labs is optimistic about a swift migration to V4, history suggests these transitions take months and even years,” Goldberg said. “Until V4 fully absorbs V3’s markets and liquidity, both systems need to be operated and managed simultaneously. The workload during the transition doesn’t halve. It doubles.”

Weighing the risk of a protocol failure, Goldberg said, “There is no regulatory framework, no safe harbor, and no settled law that answers the question of what a risk manager or curator owes when a protocol fails. If things work, the work is invisible. If things break, the blame is not.”

As such, “We are walking away from a $5 million engagement,” Goldberg said.

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Chaos wanted Aave to boot LlamaRisk, Chainlink: Kulechov

Aave Labs CEO Stani Kulechov told a slightly different story, stating that Chaos wanted to be the sole risk manager and use its price oracles instead of Chainlink’s.

Following that request would have forced Aave to push out its other risk protocol partner, LlamaRisk, and thus abandon its two-layer economic risk model.

Related: DeFi lender Aave launches on OKX’s Ethereum L2, X Layer

Kulechov added Aave was unwilling to integrate Chaos-built price oracles, citing Aave’s “track record” with Chainlink’s services, which its “users are currently more comfortable with at scale.”

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He also said Chaos was already “exploring winding down its risk consultancy services,” and that Aave had offered to double its payment to $5 million to retain them.

Cointelegraph reached out to Chaos Labs for comment.

Kulechov noted that Chaos’ departure hasn’t disrupted the Aave protocol, its smart contracts, token listings or network integrations.

Moving forward, Aave said it “will work closely with LlamaRisk to ensure a smooth transition” and maintain its two-layer economic risk model. 

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Source: LlamaRisk

Chaos’ departure comes amid a protocol-wide feud over how much funding and revenue control Aave Labs should receive versus Aave’s decentralized autonomous organization.

Despite the internal issues, Aave crossed the $1 trillion mark in cumulative lending volume in late February, marking a first in the DeFi industry.

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