Degen Markets, the crypto prediction platform from the Jupiter ecosystem on Solana, launched on August 26 binary contracts on tokenized SpaceX shares via the $SPCX token provided by Backpack Securities. Users can place Up/Down contracts with 5 or 15 minute durations during standard US market hours, with Chainlink price feeds for settlement and a competitive AMM system for execution. The offering complements existing predictions on Bitcoin, Solana, Ethereum and XRP, positioning Degen Markets as a unified short-term trading terminal with zero trading fees on these binary markets. This expansion into tokenized stock predictions marks a significant step for integrating equity markets into the Solana crypto ecosystem.
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