{"id":4829,"date":"2026-07-20T21:45:30","date_gmt":"2026-07-20T21:45:30","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=4829"},"modified":"2026-07-20T21:45:30","modified_gmt":"2026-07-20T21:45:30","slug":"hyperliquids-hip-4-upgrade-brings-permissionless-prediction-markets","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/07\/20\/hyperliquids-hip-4-upgrade-brings-permissionless-prediction-markets\/","title":{"rendered":"Hyperliquid\u2019s HIP 4 Upgrade Brings Permissionless Prediction Markets"},"content":{"rendered":"\n
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Hyperliquid has unveiled plans to introduce permissionless prediction markets through its upcoming HIP 4 network upgrade, allowing eligible users to launch outcome markets without requiring direct validator deployment. The feature, announced on July 20, will first be rolled out on the testnet before making its way to the mainnet.<\/p>\n\n\n\n

The upgrade is designed to expand market creation while maintaining consistency through validator approved templates and a staking mechanism aimed at ensuring markets are clearly defined and settled correctly.<\/p>\n\n\n\n

How the HIP 4 System Will Operate<\/strong><\/p>\n\n\n\n

Until now, only validators have been able to deploy outcome markets on Hyperliquid. Under HIP 4, validators will instead vote on standardized market templates that qualified users can use to create their own prediction markets.<\/p>\n\n\n\n

These templates will be stored on chain and are intended to cover events with sufficient liquidity and user demand while minimizing ambiguity. Market creators will be responsible for defining and settling their own markets based on the approved templates, and multiple users will be allowed to launch identical markets if they choose.<\/p>\n\n\n\n

Validator created canonical markets will remain available but are expected to become increasingly rare. Hyperliquid said the long term goal is for validators to create fewer than 10 outcome markets annually.<\/p>\n\n\n\n

To maintain quality, HIP 4 introduces a staking requirement of 500,000 HYPE for anyone seeking to become a market deployer. The stake will remain locked for six months and may be reduced if a deployer creates poorly defined markets or fails to settle them correctly. Markets left unresolved for more than one week may also result in penalties, and deployers must settle all active markets before withdrawing their stake.<\/p>\n\n\n\n

Initially, each deployer will be allowed to create up to 100 outcomes, equivalent to 200 outcome tokens, with additional capacity expected through a future auction system. Hyperliquid also plans to introduce configurable fee sharing of up to 50 percent in a later update. At launch, only AQAv2 quote tokens will be supported.<\/p>\n\n\n\n

The team emphasized that the specifications remain preliminary and could change based on community feedback before the feature reaches the testnet and mainnet.<\/p>\n\n\n\n

HYPE Price Shows Limited Reaction<\/strong><\/p>\n\n\n\n

Despite the announcement, Hyperliquid\u2019s native HYPE token showed little immediate response. At the time of writing, the token was trading near $60, down roughly 1 percent over the past 24 hours and nearly 10 percent over the previous week.<\/p>\n\n\n\n

The weakness extends across longer timeframes, with HYPE declining almost 16 percent over the last two weeks and around 13 percent during the past month. Even so, the token remains approximately 34 percent higher than it was a year ago, although it is still more than 21 percent below its all time high of $76.87 reached about a month ago.<\/p>\n\n\n\n

Hyperliquid\u2019s expansion into permissionless prediction markets comes as interest in the sector continues to grow. A recent CoinGecko report found that notional trading volume across prediction market platforms reached a record $50.7 billion in June, driven by major sporting events such as the UEFA Champions League final, the NBA Finals, and Wimbledon. Total volume for the second quarter of 2026 climbed to $113.8 billion, representing a 48.7 percent increase compared with the previous quarter.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hyperliquid has unveiled plans to introduce permissionless prediction markets through its upcoming HIP 4 network upgrade, allowing eligible users to launch outcome markets without requiring direct...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4829","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=4829"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4829\/revisions"}],"predecessor-version":[{"id":4831,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/4829\/revisions\/4831"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=4829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=4829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=4829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}