https://meria.com/en/academy/nos-cryptos/quest-ce-que-hyperliquid-cryptomonnaie-hype-

Hyperliquid has launched its HIP-4 upgrade, aiming to introduce permissionless outcome markets and reduce costs. The upgrade, which went live on the mainnet in May 2026, allows for fully collateralized binary outcome contracts. However, deployers are required to stake 500,000 HYPE, which is locked for six months and subject to validator slashing if settlements are poor. This move is aimed at unifying various market types under a single cross-margin account, eliminating opening fees and liquidation risks. While the permissionless phase is initially available on testnet, the broader mainnet rollout for third-party builders is yet to be scheduled.

Recent market activity around Hyperliquid suggests varied expectations about its price trajectory by the end of 2026. Current pricing shows a 29.5% likelihood of Hyperliquid reaching $100 by December 31, 2026, a slight increase from the previous day, but a decrease over the past week. This reflects some optimism around the potential impact of the HIP-4 upgrade, yet tempered by the remaining questions over quality control and the risks associated with the new staking requirements.