Key Takeaways
Jupiter Exchange is bringing real graded Pokémon and One Piece cards onchain through a Gacha beta that lets users pull, trade, and redeem physical slabs.
Jupiter Exchange on July 13 opened a beta of Jupiter Gacha, a platform where users open digital packs containing real graded Pokémon and One Piece cards tokenized on Solana.
"Every pull is an authenticated slab — the same cards users chased as kids, now tradeable on Jupiter," the decentralized exchange said in a post on X.
The launch is powered by Collector Crypt, which has processed over $1 billion in cumulative gacha volume and handled $209 million in June 2026 alone — nearly two-thirds of the category's record $324 million monthly total. Jupiter is dangling up to $100,000 in rewards for early beta participants who climb the product's leaderboard.
The move positions Jupiter as Solana's gateway for real-world assets on the cultural side of tokenization, following its partnership with Securitize for tokenized equities. Onchain gacha activity has doubled since March, and Jupiter's integration could push the category further into the mainstream as other DEXes watch closely.
How the Packs Work
Users access the beta at jup.ag/gacha, where the interface asks them to spin and tap a pack to open it. Each pull returns a graded card — a PSA, BGS, or CGC slab — tokenized on Solana. Cardholders can trade the token on Jupiter, hold it as a collectible, sell it back through a buyback mechanism at 85 percent to 93 percent of indexed market value, or redeem the physical slab for shipping.
The format borrows from Japanese gachapon machines, applying the same randomness to real trading cards while using Solana to record each purchase, reveal, and transfer of ownership on a public ledger. Solana's ability to process large volumes of small transactions cheaply made frequent pack openings practical where high-fee networks could not.
Collector Crypt has built the infrastructure: a physical card gets graded and vaulted, a matching token gets minted, and the two stay linked one-to-one until a user trades, sells back, or redeems. Phygitals contributed the verification technology tying each token to its physical counterpart.
Part of a Broader Trend on Solana
Jupiter is not the first major platform to route this model to a large user base. Rarible launched a Gacha Station in June, also built on Collector Crypt's backend, with packs starting at $25 across Pokémon, One Piece, anime, and sports categories.
What sets Jupiter apart is scale. As the largest DEX aggregator on Solana by trading volume, Jupiter can push the gacha format to a user base most competitors do not have, while linking the experience directly to its existing trading and lending products. The exchange in June also partnered with Collector Crypt and Phygitals to accept graded cards as collateral on its Offerbook lending market, letting users borrow USDC against a tokenized slab without selling it.
Tokenized Pokémon card trading surged in May amid the franchise's 30th anniversary, with weekly revenue across marketplaces hitting $7.4 million — a record high. OpenSea Chief Marketing Officer Adam Hollander recently told The Block that tokenized Pokémon cards could help revive interest in NFTs, which have faded since their 2021-2022 peak.
The model carries risks tied to any collectible market. Prices move with hype cycles and set releases. Redemption depends on vault operators and shipping logistics. Gacha mechanics have also drawn scrutiny in some jurisdictions over their resemblance to gambling.
Jupiter has not published exact pack pricing tiers, saying amounts are dynamic during the beta period. Comparable platforms price starter packs around $25 to $50, with premium tiers reaching $100 to $250. The company said it plans to keep releasing updates on pack availability and reward distribution through its official channels.
This article is for informational purposes only and does not constitute investment advice.
