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Jupiter Exchange Adopts Chainlink Data Streams To Power New Prediction Markets

Jupiter Exchange, the largest ($2.8B TVL) decentralized exchange (DEX) on Solana, has integrated Chainlink Data Streams to power its newly launched prediction markets. 

Jupiter’s binary prediction markets allow users to trade on the outcomes of real-world events across categories like sports, crypto, politics, e-sports, culture, economics, and tech. The protocol’s 5-minute and 15-minute markets for BTC, ETH, SOL and other onchain assets are now secured by Data Streams’ market data.

Data Streams is a pull-based oracle solution that allows protocols to consume data more cost-effectively and at lower latencies while reducing the risk of frontrunning and MEV.

Leveraging Chainlink’s hyper-reliable oracle infrastructure, which has facilitated over $28 trillion in transaction value and secures nearly $100 billion throughout DeFi, Data Streams provides low-latency, timestamped, verifiable oracle reports that facilitate the creation of secure, real-time prediction markets.

To learn more about Jupiter Exchange, visit their website, X, Telegram, and Discord.

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