AI · Cointelegraph
Hyperliquid releases prediction markets for real-world events
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Hyperliquid launched canonical prediction markets for offchain events, expanding beyond perps as analysts frame it as an onchain superapp.
Key facts
- Since the beginning of the year, the HYPE rose more than 134% while the total crypto market capitalization fell by around 14%, TradingView data shows
- In the month leading up to May 10, Hyperliquid generated $50.95 million in revenue, all of which went directly to token holders with zero spent on incentives
- The markets are built on Hyperliquid’s HIP-4 and use Circle’s USDC (USDC) as the quote asset
- HYPE & Total Crypto Market Capitalization, year-to-date chart for 2026
Summary
Decentralized exchange (DEX) Hyperliquid launched canonical prediction markets for offchain events, as the platform starts expanding beyond perpetual futures. Validators run automated newsfeed software that publishes the markets and votes on deployment and settlement, Hyperliquid said in a Monday Telegram post. The markets are built on Hyperliquid’s HIP-4 and use Circle’s USDC (USDC) as the quote asset. The launch puts prediction markets inside Hyperliquid’s existing trading stack, allowing users to trade event outcomes alongside spot and perpetual futures rather than moving collateral to a separate platform.