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

marsbitPubblicato 2026-07-21Pubblicato ultima volta 2026-07-21

Introduzione

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

Crypto di tendenza

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

Domande pertinenti

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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Ethereum is showing signs of strengthening against Bitcoin, driven by two key trends. First, significant whale accumulation is occurring, with large holders not just buying ETH but immediately staking 100% of it. This locks away supply, signaling long-term conviction. Ethereum's total staked ETH has reached a record 40.8 million, with a growing entry queue and 33.5% of supply now staked, further tightening liquid availability. Second, Ethereum's DeFi ecosystem is experiencing robust activity, with WETH whale transactions at a multi-year high and Total Value Locked (TVL) rising sharply. These converging factors—reduced supply from staking and increased on-chain demand—are translating into technical strength. The ETH/BTC ratio has broken above resistance and is approaching the 0.03 level, setting the stage for potential continued outperformance against Bitcoin.

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Global Stock Market's Storm Center: South Korea's Stock Market De-leveraging Is Largely Complete

Storm's Eye: South Korean Market De-leveraging Nears Completion The recent sharp correction in South Korean equities, with the KOSPI index dropping 32% from its June high, has been a key trigger for global tech stock volatility. The core driver was not a fundamental shift but a forced de-leveraging process within the market's unique structure, which is now largely complete. Two main leverage channels amplified the sell-off: 1. **Leveraged ETFs:** Their size, proportionally four times larger than in the U.S., peaked near $50 billion. Their mandatory daily rebalancing mechanism created a vicious cycle of "price drop → forced selling → further drop." Approximately 75% of this excess has been unwound, shrinking to $26 billion, with regulatory curbs now blocking new inflows. 2. **Hedge Fund Leverage:** Using swaps to magnify exposure, hedge funds saw their net long positioning fall by over 50% from peak levels. The most intense phase of this institutional de-leveraging is over. In contrast, **retail margin debt** poses minimal systemic risk. At 0.5% of market cap, it is far lower than in the U.S. or China, lacks automatic triggers, and is concentrated in smaller stocks. The conclusion: the high-leverage structures most prone to "chain-reaction selling" have been substantially cleared. The market is transitioning from a liquidity-driven crash to one priced more on fundamentals. The article argues that the AI trend—centered on Korean memory chips—remains intact. This episode represents a painful but necessary clearing of crowded trades, not the end of the AI revolution. For investors, the key question is conviction in the long-term AI direction; if the trend is real, current volatility is a cost of entry, not a terminal risk.

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Come comprare HYPE

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Hyperliquid (HYPE) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente HyperliquidHYPE.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Hyperliquid (HYPE)Dopo aver acquistato Hyperliquid (HYPE), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Hyperliquid (HYPE)Scambia facilmente Hyperliquid (HYPE) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

330 Totale visualizzazioniPubblicato il 2024.12.11Aggiornato il 2026.06.02

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di HYPE HYPE sono presentate come di seguito.