Jupiter Predict Adds SPCX to Degen Markets, First Stock in On-Chain Binary Bets on Solana

Jupiter JUP$0.239-2.1% Jupiter Predict's degen markets launched binary bets on SpaceX (SPCXSPCX) on August 26, making it the first traditional stock to join Bitcoin, Ethereum, Solana, and four other crypto assets on the platform's ultra-short-window prediction markets.

The @JupiterExchange team announced at 18:01 UTC: "Degen Markets for $SPCX are LIVE. Now you can trade them for stocks during market hours. Short windows. Fast resolution."

How SPCX Binary Bets Work: 5-Minute and 15-Minute Windows

The format mirrors the crypto side of the platform. Traders pick a direction (Up or Down) and a time window of five minutes or fifteen minutes. At expiry, Chainlink price feeds determine whether SPCX's last price is above or below the reference price recorded at entry. Markets carry no trading fees, according to Crypto Briefing.

One structural difference sets equities apart from crypto on the platform: SPCX bets run only during US stock market hours. Bitcoin, Ethereum, Solana, XRP, BNB, DOGE, and HYPE trade continuously.

SPCX's $120 Post-IPO Price Swing Gives Short-Window Binary Markets a Daily Signal

SpaceX priced its Nasdaq IPO at $135 per share on June 12, 2026, opened at $150, and closed its first day up 19% at $160.95, the largest public offering on record, raising $75 billion at an implied valuation of roughly $1.77 trillion. The stock hit $225.64 on June 16 before lock-up expirations expanded the float and pushed it to a low of $104.83 on August 3; by August 26, SPCX had recovered to around $138.

A range of more than $120 in two months gives short-window binary markets a live volatility signal to trade against daily. The tokenized stock already had 11,721 holders on Solana via Backpack Securities as of August 26, an existing on-chain audience for the prediction market format.

Polymarket's SPCX Markets Had Already Established the Demand

Polymarket had been running SPCX daily Up/Down markets and weekly price-target contracts since July, on Ethereum-based infrastructure. Jupiter Predict's SPCX entry brings the same binary contract type to Solana, using the Prop AMM architecture from the Forecast launch in June 2026, which routes orders across competing market makers rather than a single liquidity pool.

Since its Kalshi debut in October 2025, the platform had reached roughly $17 million in total trading volume by June 2026, per CoinMarketCap. SPCX is its first non-crypto asset.

Whether additional equities follow on the platform depends on how the market-hours constraint shapes volume. Stocks that attract directional short-term trading interest (and SPCX has drawn that since its June IPO) are the natural candidates for a format built on quick resolution and no fees.