Jupiter Predict vs Phantom
Same lines, side by side: fee at 50¢, custody, KYC, excluded countries, resolution and volume, from official pages and DefiLlama.
See the 17 differences
| Line | Jupiter Predict | Phantom |
|---|---|---|
| Type | Wallet or appPolymarket | Wallet or appWorld, Kalshi |
| Taker fee | 0–7% at 50¢Jupiter adds a fee equal to Polymarket's on each market, so you pay twice Polymarket's fee: 100 contracts at 50¢ cost $3.50 in crypto, $2.50 in sports, $2.00 in politics and nothing in geopolitics. Sports tickets and Forecast carry no fee, Arcade takes 1% of winnings, and Solana network fees are paid in SOL. | Edge4–5% at 50¢Outside the US, each trade pays 0.1 × p × (1 − p) per contract: 100 contracts at 50¢ cost $2.50. In the US, Kalshi markets cost $0.02 a contract, $0.01 to Phantom and $0.01 to Kalshi: $2.00 for 100 contracts at any price. Funding from the Cash account is gasless; other tokens need SOL for network fees. |
| 30-day volume | Not tracked | Not tracked |
| New-user perk | None documented | Edge10% of your own trading fees back for three months, when you sign up on mobile with a code |
| Custody | Self-custody: you sign every order in your wallet | Self-custody outside the US; funds at Kalshi in the US |
| Identity check (KYC) | Not documentedNo identity check is documented: a Solana wallet, or a Jupiter ID created with an email, Google or Apple account, is enough to start. | Not documentedIn the US, Kalshi verifies your identity before any trade. Phantom's help page for World markets describes no identity check. |
| Excluded countries | 18Jupiter's terms list 18 prohibited countries, including the US, Taiwan, Singapore, Iran and North Korea, plus Crimea and Sevastopol. France is not on the list, although Polymarket, whose markets Jupiter routes, excludes France on its own site. Jupiter's FAQ says the mobile app blocks more regions than the web. | 2Phantom's help center excludes the UK and Germany, plus jurisdictions sanctioned by the US, from prediction markets. In the US, Kalshi markets have been rolling out since 23 October 2026, with some categories restricted in Michigan, Nevada and Washington. |
| Resolution | Settled by the source venueEach market follows its source's rules: Jupiter records Polymarket's result without changing it, and refunds cancelled or voided markets. | Settled by the source venueOutside the US, World settles each market from the oracle named in its rules, Chainlink in Phantom's disclosures, with a challenge period. In the US, Kalshi decides under its market rules. Phantom says it does not decide results. |
| Settles on | Solana | Solana (World) · Kalshi Klear (US) |
| Collateral | USDC, JupUSD | CASH |
| Operator | Block Raccoon S.A. | Phantom Technologies, Inc. |
| Token | JUPSolana | No token |
| Where it runs | Web, iOS, Android, Telegram | iOS, Android |
| Chains | SolanaSolana | SolanaSolana |
| Documented features | Edge4 of 10 | 1 of 10 |
| Order book | Not documented | No |
| Anyone can create a market | No | No |
| Combos / parlays | No | Not documented |
| Maker rebates | Not documented | Not documented |
| Yield on collateral | Not documented | Not documented |
| Trading API | Yes | No |
| Mobile app | Yes | Yes |
| Telegram bot | Yes | Not documented |
| Own token | Yes | Not documented |
| Points program | Not documented | Not documented |
Which one should you pick?
Pick Jupiter Predict if
You live on Solana and want Polymarket's markets without bridging to Polygon.
The easiest way into Polymarket's markets from Solana: sign in with a wallet or an email and trade in USDC or JupUSD, on the web, on mobile or through a Telegram bot. You pay for the convenience: Jupiter adds a fee equal to Polymarket's, so each trade costs twice what it would on polymarket.com.
Read the Jupiter Predict reviewjup.ag
Pick Phantom if
You already use Phantom on your phone and want to trade events without leaving the wallet.
A predictions tab inside the Phantom app rather than a venue: outside the US it trades World markets on Solana, settled in Phantom's CASH stablecoin, and since 23 October 2026 US users get Kalshi markets after an identity check. The fee is steep: 5% at 50¢ outside the US, more than most venues charge directly.
Read the Phantom reviewphantom.com
