Hyperliquid has shifted its method to prediction markets, providing native oracles and resolutions. HIP-4 additionally switched to utilizing USDC as its predominant liquidity supply.
Hyperliquid introduced it’s going to help canonical end result markets primarily based on off-chain occasions, as outlined on its Telegram channel. As Cryptopolitan reported earlier, HIP-4 took 0.7% of the prediction market on its first day of buying and selling. As of Might 2026, HIP-4 achieved 1% of the volumes of Polymarket, primarily based on nonetheless restricted end result pairs.
Current Hyperliquid validators will run specialised software program that automates newsfeeds as occasion outcomes. The newsfeed will turn into part of the common Hyperliquid chain operations.
In contrast to on Polymarket, the platform is not going to depend upon third-party oracles or end result voting techniques. Polymarket’s reliance on UMA oracles and voting has led to a number of closely contested markets and discussions of market manipulation.
Validators themselves will vote on the deployment and settlement of the brand new kind of canonical markets. The present community supporters will resolve the doubtless subjective and ambiguous markets. The outcomes will depend upon 24 current validators, which produce Hyperliquid L1 blocks in underneath a second, and safe $3B in liquidity.
Canonical markets don’t assure objectivity, however shield from publicity to exterior voting techniques. Validators will nonetheless vote on outcomes, and are one potential vector of subjectivity. Nevertheless, smaller decision techniques have proven a danger of whale affect, permitting the manipulation of some markets.
HIP-4 affords real-world end result markets
Initially, HIP-4 began with outcomes for crypto worth actions, converging perpetual futures with prediction markets. Lately, the platform supplied macro outcomes, with predictions on Fed rates of interest or inflation ranges.
The platform’s aim is to automate the workflows, including AI brokers as proposers of recent markets. Validators will then have the duty of approving these markets and monitoring the outcomes.
Prediction markets launched on Might 2, and are nonetheless of their early levels, with a restricted variety of outcomes. For now, Hyperliquid continues to be in management on new market launches. Sooner or later, HIP-4 will comply with the mannequin of HIP-3, permitting third-party validators to create end result pairs. To this point, the platform has carried 1M trades, and hosts round 500 merchants.
HIP-4 will depend upon builders, and a number of the high HIP-3 deployers could create new markets. With this method, the prediction market could converge with perpetual futures. The positioning of all markets in a single ecosystem could permit cross-margin buying and selling and a focus of liquidity.
Builders will create a aggressive atmosphere, attempting to launch probably the most in-demand and liquid prediction pairs.
HIP-4 may also permit a novel method to on-chain insurance coverage, with clear payouts within the case of predetermined outcomes. The markets may also function binary choices, utilizing the simplified binary end result infrastructure.
Hyperliquid recovers worth locked
Hyperliquid is without doubt one of the predominant ecosystems to withstand the weakening sentiment of the crypto market. The platform now carries $5.53B in whole worth locked, down from $5.93M in October 2025.
As much as 40% of the newly energetic volumes come from HIP-3, onboarding versatile buying and selling for conventional property. End result markets could additional enhance volumes and charges.
Because of the elevated exercise, the native $HYPE token set a sequence of recent worth data. $HYPE traded at $59.58, after peaking at $63.70, turning into one of many high progress tokens. The current $HYPE rally acquired a lift from whales, however was additionally an indicator of the constructive view of Hyperliquid and its progress expectations.
