Hyperliquid enables prediction markets with $30M HYPE stake, no validator approval

Hyperliquid to Open HIP-4 Prediction Markets Behind 500,000 HYPE Stake | The Defiant

Hyperliquid's HIP-4 enables permissionless prediction markets via 500k HYPE stake, with deployers earning 50% trading fees and validators enforcing templates on-chain. Capital locks in HYPE while testing if builders outcompete Coinbase/Robinhood—outcome determines adoption of permissionless prediction-market design.