Hyperliquid announced that it will introduce permissionless deployment for HIP-4 outcome markets in a future upgrade. The feature will first launch on testnet before moving to mainnet.
According to its Sunday announcement on Telegram, Hyperliquid said permissionless deployments are "especially important" for the growth of outcome markets, given the vastness of the possible universe of tradeable outcomes.
To maintain quality and clarity of prediction markets, validators are expected to vote on standardized outcome templates. The templates, with specifications stored and enforced onchain, will serve as the foundation for permissionless market deployments.
Deployers will then be able to instantiate approved templates, and will be responsible for defining and settling individual markets in accordance with the template's criteria.
"Canonical markets may still be deployed directly by validators from time to time, but these are expected to be rare," Hyperliquid said in the announcement. "These canonical markets will be determined by validator vote, and ideally will represent fewer than 10 outcomes or questions per year."
