Hyperliquid Expands Prediction Markets With HIP 4 Update

Hyperliquid announced plans to introduce permissionless deployment for its HIP 4 outcome markets. The update will allow users to create and manage their own prediction markets directly on the platform without needing special approval. The exchange shared the news via its official Telegram channel on July 19.

This rollout is scheduled to happen in two distinct stages as part of a future network upgrade. By moving to a permissionless model, Hyperliquid aims to increase the variety of events that traders can bet on. It marks a significant shift in how the exchange handles speculative outcomes.

Prediction markets have gained attention recently as a way for users to hedge against real world events or express views on outcomes. This update positions Hyperliquid to compete more directly with other platforms that focus on decentralized betting. Traders should watch for the official date of the network upgrade to see how the new market creation tools function in practice.