#hip-4

[rwatimes]

The Race to Trade Everything

➤ Hyperliquid's HIP-4 upgrade introduces prediction markets to its platform, aiming to compete with incumbents like Polymarket and Kalshi by leveraging its existing infrastructure for perpetual futures. ➤ The article analyzes HIP-4's mechanics, comparing its infrastructure, oracle scope, and regulatory posture against competitors, highlighting Hyperliquid's advantages in unified margin and execution speed. ➤ Despite Hyperliquid's infrastructure strengths, challenges remain in market breadth, user discovery, and navigating regulatory uncertainties, with the overall trend in the prediction market category being one of convergence towards a 'trade everything' model.

[rwatimes]

Hyperliquid expands capabilities with HIP-4 outcome markets

Hyperliquid launched HIP-4 outcome markets with 6.05M contracts traded on day one. Here's how binary prediction markets work on the Layer-1 chain.

➤ Hyperliquid has launched HIP-4 outcome markets, enabling binary prediction markets on its Layer-1 blockchain, with over 6.05 million contracts traded on the first day. ➤ These markets are fully collateralized, feature merged order books for shared liquidity, and aim to attract traders seeking event-based risk exposure without liquidation risk. ➤ The phased rollout includes curated markets initially, with future plans for permissionless deployment and multi-outcome markets, though risks related to settlement reliability and market manipulation exist.

[rwatimes]

Hyperliquid introduces HIP-4 to bring prediction markets into its trading ecosystem

➤ Hyperliquid has launched HIP-4, integrating fully collateralized outcome markets into its trading ecosystem, allowing users to trade on event-based predictions without liquidation risk. ➤ These new outcome markets settle between 0 and 1, use the native stablecoin USDH, and are managed within a unified margin account alongside spot and perpetual futures. ➤ This move aims to capture users from standalone prediction platforms like Polymarket by offering a more integrated and capital-efficient trading experience, potentially increasing trading volume and benefiting HYPE token holders.

[antier-defi]

Staking 1M HYPE vs. Building A Crypto Prediction Market Ecosystem

Still thinking what 1M HYPE under the HIP-4 gets you? Compare launching outcome markets on Hyperliquid vs custom decentralized crypto predic

[rwatimes]

Hyperliquid's next piece of the puzzle: HIP-4 turns hedging into a liquidity engine.

Hyperliquid HIP-4 launched on Outcome Market, predicting a paradigm clash between Polymarket and Hyperliquid amid market liquidity challenges.

➤ Hyperliquid's HIP-4 introduces a new paradigm by integrating prediction markets with derivatives, aiming to transform hedging into a liquidity engine. ➤ The article contrasts Hyperliquid's engineering approach to liquidity with Polymarket's 'collective wisdom' model, highlighting Hyperliquid's focus on market structure and redistribution of existing liquidity. ➤ HIP-4's mechanism allows for unified margin requirements and hedging strategies between prediction markets and perpetual contracts, addressing liquidity challenges and the 'cold start' problem for new derivatives.

[rwatimes]

Tout savoir sur HIP-4 d'Hyperliquid – Le « Polymarket killer » est-il arrivé ?

Le protocole Hyperliquid franchit une étape majeure avec le lancement de HIP-4, une mise à jour qui apporte les marchés de prédiction

➤ Hyperliquid has launched HIP-4, introducing 'outcome trading' or prediction markets, allowing users to bet on future events with its native stablecoin USDH. ➤ This new feature integrates with Hyperliquid's existing margin engine, enabling hedging strategies and optimized liquidity management, positioning it as a potential 'Polymarket killer'. ➤ However, the decentralized nature of user-created markets raises significant regulatory concerns regarding insider trading and potential geoblocking, posing a challenge for widespread adoption.

[rwatimes]

Hyperliquid passe à l’offensive : HIP-4 et l’invasion des marchés prédictifs

La mise à niveau HIP-4 sur le réseau Hyperliquid a introduit l'échange de résultats, renforçant la finance décentralisée.

➤ Hyperliquid has launched HIP-4, introducing outcome trading and prediction markets on its mainnet, enhancing decentralized finance. ➤ This upgrade utilizes USDH stablecoin for collateralized contracts, eliminating liquidation risk and integrating with HyperEVM. ➤ The platform aims to capture market share from competitors like Polymarket, with its native token HYPE seeing a 40% increase.

[rwatimes]

Hyperliquid Is Building a Full-Stack Financial Venue and HIP-4 Is the Move That Makes That Claim Real

Hyperliquid's HIP-4 brings fully collateralised prediction markets to mainnet, placing event contracts on the same on-chain order book that handles $20

➤ Hyperliquid's HIP-4 upgrade introduces fully collateralized prediction markets to its mainnet, integrating them with existing perpetuals trading on a single on-chain order book. ➤ This move positions Hyperliquid as a comprehensive financial venue offering spot, perps, RWA markets, and event-based trading within a single account, aiming to capture market share from platforms like Polymarket with a zero-fee model. ➤ The integration of prediction markets, alongside RWAs like crude oil and gold, signifies a broader trend in DeFi towards multi-product execution layers, though regulatory scrutiny on prediction markets remains a significant risk.