Overview
- The debut market lets users trade on the Oct. 27 Mexico Grand Prix winner via binary contracts that redeem $1 for correct outcomes.
- Jupiter reports about $52,290 in early trading, with platform odds showing Max Verstappen at 47.61%, Lando Norris at 27.3%, and Oscar Piastri at 23%.
- Liquidity and results verification are provided by U.S.-regulated Kalshi, while Jupiter’s smart contracts manage execution and settlement.
- The beta enforces limited features and capped exposure, including starting limits of 100,000 global contracts and 1,000 per position.
- Across the sector, prediction protocols hold $241.9 million in TVL per DeFi Llama, led by Polymarket at roughly $215.6 million, and reporting suggests its token rollout may be delayed pending a U.S. re-entry.