Degen Markets expands to stock trading with $SPCX launch on Jupiter Predict

Jupiter’s Degen Markets just crossed a line that crypto-native traders have been waiting for: stocks. The platform, which has built a following around ultra-short crypto prediction markets, is now offering binary contracts on tokenized equities, starting with $SPCX, the tokenized representation of SpaceX shares. How the new stock markets work The $SPCX trading feature launched on August 26 through Jupiter Predict’s Degen Markets, which now includes a dedicated Stocks tab alongside its existing crypto offerings. Users can place Up/Down binary contracts in 5-minute and 15-minute intervals during standard US stock market hours. Binary contracts are about as simple as trading gets. You pick a direction, you pick a timeframe, and you either win or lose based on whether the final price lands above or below a reference price at the time of entry. The underlying asset, $SPCX, comes from Backpack Securities, which has been carving out a niche in the tokenized equities space. Settlement leans on Chainlink price feeds for the reference data, while Jupiter Forecast’s automated market maker handles routing and execution. The platform’s documentation notes that these binary markets settle with n...