Hyperliquid Bets Big on Prediction Markets With Permissionless HIP-4 Push

Hyperliquid announced on July 19 via Telegram that its HIP-4 outcome markets will transition to permissionless deployment through a two-stage network upgrade. This initiative aims to reshape prediction markets by allowing permissionless setups for those meeting a 500,000 HYPE staking requirement. The product is already demonstrating significant traction, with daily volumes reaching $80M. The rollout will be implemented in a future network upgrade to enable these decentralized outcome markets on the Hyperliquid platform.