"Hyperliquid's HIP-4 Outcome Markets allow traders to engage in fully collateralized, onchain prediction markets, with BTC daily binary contracts now live and trading."
"The new contract type, HIP-4, is designed for binary and multi-outcome events, settling to exactly 0 or 1 at expiry, which is crucial for discrete events."
"Traders can buy YES or NO tokens that represent the implied probability of an event, with prices floating between 0.001 and 0.999 during continuous trading."
Hyperliquid activated its HIP-4 Outcome Markets on mainnet on May 2, 2026, introducing BTC daily binary contracts. The platform charges no fees for opening positions, aiming to compete with Polymarket and Kalshi. Builders can create permissionless markets by staking HYPE tokens. HIP-4 features binary and multi-outcome event contracts that settle at expiry, differing from HIP-3's perpetual futures. Traders can buy YES or NO tokens, with prices fluctuating during trading and settling based on an authorized oracle source.
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]