trade.xyz launches event contracts, wiring prediction markets into its Hyperliquid book
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4 Articles
Key points of the news: The trade protocol[XYZ] formalized the launch of "Events" in the Hyperliquid network supported by the HIP-4 technical standard. The implementation integrates Up/Down type contracts on shares, raw materials and pre-IPO companies, as well as sports markets. The resolution of initial financial contracts is settled directly with the prices of the products.
trade.xyz launched Hyperliquid HIP-4 Events to offer fully guaranteed binary contracts within the same environment where users trade perpetually. The bet takes advantage of the platform’s volume and seeks to turn predictive markets into a regular category of onchain derivatives.
trade.xyz launches event contracts, wiring prediction markets into its Hyperliquid book
On Thursday, the prediction markets were incorporated into trade.xyz’s Hyperliquid trading platform via the launch of Events. The platform already operated one of the largest perpetual businesses on the network. Therefore, traders can now trade prices, interest rates, or scores without the need of switching to a different prediction market platform. This is important since...
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