Jupiter's prediction market experiment is struggling to gain momentum. After roughly 2.5 months on the network, the numbers tell a sobering story: $1.5M total volume spread across 40K trades—averaging just $38 per transaction. Per user? Around $155 spent, yet only $53K in protocol fees collected.

Here's the hard truth: having the infrastructure in place doesn't automatically mean users will show up. Integration ≠ monetization. The platform built the pipes, but the liquidity and user engagement simply aren't flowing through. Whether this is a chicken-and-egg problem or a sign that prediction markets on-chain haven't found their killer use case yet remains to be seen.