Hyperliquid HIP-4 Approved: Prediction Markets Begin

The HyperCore team, as the team managing Hyperliquid’s layer-1 network infrastructure, supported the HIP-4 proposal, approving the integration of prediction markets into the platform. This development will enable betting on political elections, sports, and other markets with fully collateralized contracts on Hyperliquid, the largest decentralized perpetual futures platform. In an X post, Hyperliquid stated that this support stems from “intense user demand” and emphasized that the proposal will open doors to limited payout option-like instruments and innovative applications.

HyperCore’s HIP-4 Support and Prediction Markets Details

HIP-4 will offer Hyperliquid users prediction markets that settle in a fixed range without leverage, liquidation, or margin calls. This will allow users to minimize risks with fully collateralized contracts, unlike traditional betting platforms. The feature will be integrated with Hyperliquid’s native stablecoin USDH and is currently being developed in the testnet phase. This integration could bring liquidity dynamics similar to popular markets like BTC futures while creating new use cases in the DeFi ecosystem.

HYPE Token Performance: %19,5 Rise to $37.14

With the news announcement, the HYPE token rose %19,5 to $37.14; it showed a %46,9 increase over the last month. Behind this rally are the platform’s increasing popularity and prediction markets expectations. Perpetual futures volume is trading above $200 billion weekly. According to DeFiLlama data, although there was a slight drop from peaks in the last four weeks, volumes three to four times January 2025 levels were maintained. These data show that Hyperliquid has high trading volume like in BTC detailed analysis markets.

Hyperliquid’s Testnet Developments and Future Potential

HIP-4 being developed on testnet will pave the way for innovative applications with limited payout option-like instruments. This user-demand-focused step reinforces the strength of the platform’s layer-1 infrastructure. Prediction markets will offer betting opportunities across a wide range from sports events to political elections, strengthening Hyperliquid’s position as DeFi’s leading perpetuals platform. In the future, new markets that can compete with BTC futures volumes may emerge.

Hyperliquid’s Dominance in DeFi Volumes

Hyperliquid maintains its leadership in the sector with a weekly $200 billion perpetual futures volume. This volume is impressive in scale compared to BTC and other major assets’ futures. The transition of HIP-4 to mainnet could further increase volumes and expand the ecosystem.