Hyperliquid Unveils Plan for Permissionless Prediction Markets
Deployers must stake 500,000 HYPE tokens and can earn up to 50% of trading fees under the new system.
- On Sunday, Hyperliquid announced upcoming upgrades enabling permissionless deployment for HIP-4 prediction markets, allowing anyone to create markets using validator-approved templates instead of requiring individual approval.
- Deployers must stake 500,000 HYPE tokens, risking partial or full slashing if validators determine markets are poorly defined or settled incorrectly; they can earn up to 50% of trading fee revenue.
- Prediction markets, dominated by Polymarket and Kalshi, allow users to bet on outcomes ranging from interest-rate decisions to the Super Bowl, attracting centralized platforms like Coinbase and Robinhood.
- The FIFA World Cup drew more than $50 billion in bets, while CEX trading volumes rose 15.3% in June, with RWA perpetual volumes surging to a record $311B.
- Hyperliquid's native HYPE token rose 1% following the announcement; validator-controlled markets will remain available, though Hyperliquid said "ideally," there will be fewer than 10 such markets per year.
21 Articles
21 Articles
Hyperliquid to Open Prediction Markets to Anyone Who Stakes 500,000 HYPE
Hyperliquid plans to throw open its prediction markets to any developer, ending the validator-gated system that has governed the product since its debut. In a Telegram announcement on Sunday, the decentralized exchange said it would open its HIP-4 “outcome markets” to permissionless deployment in a coming upgrade, arriving on testnet before mainnet. Today, only Hyperliquid’s validators can list outcome markets. Under the change, developers would…
Hyperliquid plans permissionless HIP 4 prediction market deployment
Hyperliquid has announced plans to introduce permissionless deployment for HIP-4 outcome markets, with the feature set to roll out on testnet before a later mainnet release. Hyperliquid said in a Sunday Telegram announcement that the upgrade is intended to support…
Hyperliquid announces HIP-4 Outcome Markets with permissionless deployment. Deployers must stake 500,000 HYPE and can receive up to a 50% fee share.
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