Hyperliquid Opens Prediction Market Deployment: Stake $30 Million HYPE Tokens for Up to 50% Fee Share

marsbitPublicado a 2026-07-21Actualizado a 2026-07-21

Resumen

Hyperliquid, a decentralized exchange, is opening its prediction market infrastructure to public deployment following its HIP-4 upgrade. To launch a market, deployers must stake 500,000 HYPE tokens (approx. $30M), which can be slashed if validators rule the market was poorly defined or settled incorrectly. In return, creators can earn up to 50% of the market's trading fees. This "skin in the game" model contrasts with curated platforms like Polymarket and Kalshi. The move comes as prediction markets see record volumes, surpassing $50B in June. While Hyperliquid's current share is small ($176M), its permissionless approach could significantly disrupt the sector. The feature will launch first on testnet before moving to mainnet. The article also includes brief market updates: major cryptocurrencies posted weekly gains; prediction markets had a record summer; Bitcoin and Ethereum ETFs saw net inflows; and notable movements occurred in memecoins and NFTs.

Author: Morning Minute

Compiled by: Deep Tide TechFlow

Deep Tide Insight: Hyperliquid just proved itself with $50 billion in prediction market volume in June. Now, it's opening this business to everyone—as long as you dare to stake $30 million. This is classic crypto world play: using real money as a substitute for licensing, letting the market rather than the platform decide who survives.

Hyperliquid is turning prediction markets into a business anyone can participate in.

The exchange stated that upcoming enhancements following its recent HIP-4 upgrade will allow anyone to deploy prediction markets on the platform. HIP-4 introduced "outcome trading" in May, but currently, these markets are entirely controlled by validators. Hyperliquid said that in the future, "ideally," fewer than 10 markets per year will be run by validators, with the rest open to everyone. The feature will first launch on testnet before going to mainnet.

Anyone wanting to launch a market must stake 500,000 HYPE tokens (approximately $30 million). This is a serious collateral that could be slashed if validators deem the market poorly defined or settled incorrectly. In exchange, deployers can earn up to 50% of the trading fees generated by that market. This mirrors the economic design of its permissionless perpetual contracts: put real money at stake, profit if the market succeeds, lose the stake if it fails. This stands in stark contrast to the models of Polymarket and Kalshi, where each market is defined top-down by the platform.

This is a timely move, as prediction markets just experienced their hottest summer ever. The FIFA World Cup helped the industry reach $50 billion in betting volume in June, and July is currently on track to be even higher (so far, $37 billion). Of that $50 billion, Kalshi was the clear market leader, accounting for $33 billion (66% market share). Hyperliquid only managed $176 million—so they have a long way to go to make a substantial mark in this space.

Hyperliquid's answer is to open-source the category, turning prediction markets into another piece of permissionless infrastructure rather than a curated product. But they are not a platform to be underestimated. Hyperliquid is already breaking DEX volume records, prompting JPMorgan warnings about its threat to Circle, and lobbying both the SEC and CFTC simultaneously. If the permissionless model works, it could help them truly make waves. We'll find out soon.

Macro, Crypto & Markets

Crypto majors closed the week up 2-5%; BTC +3% to $64.6K; ETH +6% to $1,885; SOL +1% to $76.60; HYPE -7% to $60.80

PUMP (+27%), INJ (+10%), and VVV (+9%) led weekly gainers

Oil -4% to $80 after progress in Iran talks; Gold +1% to $4,024

Equity futures higher as oil sells off; Dow +0.2%, Nasdaq +0.7%

Michael Saylor calls Bitcoin's BIP-110 proposal "a bad idea," arguing this anti-spam plan sets a precedent for censorship, "the proposed cure is more dangerous than the disease."

Galaxy Digital signs a 15-year naming rights deal to rename Texas Tech's football stadium "Galaxy Stadium," continuing crypto's push into college sports

Project Eleven launches tech allowing users to prove wallet ownership even after quantum computers could derive private keys

GENIUS Act turns one year old, regulators missed rule-making deadlines, though the framework will be fully effective by July 2028

Corporate Capital & ETFs

Bitcoin ETFs saw $132M net inflows Friday, $75M for the week; Ethereum ETFs saw $37M inflows Friday, $105M net for the week

Meme Coin Tracker

Meme leaders mostly flat or up over the past week; DOGE flat, SHIB -1%, PEPE +5%, PENGU +4%, TRUMP +1%, BONK -23%

Robinhood Chain led by Stonkbroker (+160%), REAL (+200x), and FOX (+70%); Cashcat +22% to $72M

Solana leaders include AVA (+30%) and Cubeman (+85%); ANSEM +5% to $198M

Tokens, Airdrops & Protocol Tracker

Pump Fun's PUMP token leads altcoin gains, up 26% this week as unlock wave begins

Cross-chain protocol Allbridge pauses after a $1.65M flash loan attack that manipulated its Solana pool ratios, the latest in a wave of DeFi exploits

NFT Update

NFT leaders slightly down; Punks flat at 32 ETH, BAYC -2% to 8.65 ETH, Pudgy -5% to 4.06 ETH; Hypurr's flat at 188 HYPE

Stonkbrokers (+125%) and Funkari (+30%) led gains

Pudgy Penguins officially launches plush toys in Target stores across the US

Criptos en tendencia

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

Preguntas relacionadas

QWhat is the core business model change Hyperliquid is introducing for prediction markets according to the article?

AHyperliquid is transitioning from a model where prediction markets were solely controlled by validators to a permissionless model. Following its HIP-4 upgrade, the platform will allow anyone to deploy a prediction market, provided they stake 50,000 HYPE tokens (worth approximately $30 million) as collateral.

QWhat are the financial incentive and risk for someone deploying a prediction market on Hyperliquid?

AThe deployer can earn up to 50% of the trading fees generated by their market. However, they must stake 50,000 HYPE tokens as collateral, which is at risk of being slashed if validators determine the market was poorly defined or settled incorrectly.

QHow does Hyperliquid's new approach to prediction markets differ from platforms like Polymarket and Kalshi?

AHyperliquid's model is permissionless and bottom-up, requiring a significant capital stake from market creators. In contrast, platforms like Polymarket and Kalshi use a top-down, centrally-planned model where the platform itself defines and controls every market.

QWhat milestone did the prediction market industry achieve in June 2024, and who was the market leader?

AThe prediction market industry reached $50 billion in betting volume in June 2024. Kalshi was the clear market leader during this period, accounting for $33 billion, or 66% of the total market share.

QAccording to the article, what warning did JPMorgan issue regarding Hyperliquid, and what regulatory bodies is the platform lobbying?

AJPMorgan issued a warning that Hyperliquid poses a threat to Circle. Furthermore, Hyperliquid is simultaneously lobbying both the SEC (Securities and Exchange Commission) and the CFTC (Commodity Futures Trading Commission).

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Cómo comprar HYPE

¡Bienvenido a HTX.com! Hemos hecho que comprar Hyperliquid (HYPE) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Hyperliquid (HYPE) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Hyperliquid (HYPE)Después de comprar tu Hyperliquid (HYPE), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Hyperliquid (HYPE)Tradear fácilmente con Hyperliquid (HYPE) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

252 Vistas totalesPublicado en 2024.12.11Actualizado en 2026.06.02

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de HYPE (HYPE).