Jupiter Exchange opened a beta version of Jupiter Gacha on July 13, launching a platform where users open digital packs and pull real, professionally graded Pokémon and One Piece cards backed one-to-one by physical slabs held in secure vaults.
Key Takeaways
Jupiter launched Gacha beta on July 13 with a $100,000 rewards pool tied to Solana packs.Collector Crypt backs each pull, having processed over $1 billion in cumulative gacha volume.Rarible ran a similar Gacha Station in June, signaling wider Solana adoption of graded card tokens.Cardholders have four options once they pull a slab.
Trade the token on Jupiter Hold it as a collectible Sell it back through the platform’s buyback mechanism Redeem the physical card and have it shippedBuyback prices typically run 85% to 93% of indexed market value, drawing from data sources like Ebay and ALT. That floor gives holders a defined exit point instead of relying purely on resale demand.
Gachapon Meets Solana: How the Mechanic WorksThe format borrows from Japanese gachapon machines, the coin-operated capsule toy dispensers that give buyers a random prize for a fixed price. Mobile games turned that idea into “pulls” and “summons,” handing players random characters or items ranked from common to legendary.
Jupiter Gacha extends the work the exchange started in June, when it partnered with Collector Crypt and Phygitals to accept graded cards as collateral on its Offerbook lending market. That system lets users borrow USDC against a tokenized slab without selling it, using fixed-term loans with no price-based liquidations in the initial phase.
Collector Crypt confirmed the new partnership in a post the same day, saying the companies are bringing real graded Pokémon and One Piece cards fully onchain through Jupiter Gacha.
Part of a Broader Trend on SolanaJupiter 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.
Tokenized cards traded on Jupiter now sit alongside spot trading and lending in one interface. A user who pulls a high-value slab can lend against it on Offerbook, sell it back for a fixed percentage of its indexed value, or simply hold the token and wait.
The model carries the same 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 the 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 as the beta continues.
