# HIP-4 Articoli collegati

Il Centro Notizie HTX fornisce gli articoli più recenti e le analisi più approfondite su "HIP-4", coprendo tendenze di mercato, aggiornamenti sui progetti, sviluppi tecnologici e politiche normative nel settore crypto.

Hyperliquid’s HIP-4 proposal fuels HYPE staking as long-term conviction grows

Hyperliquid has proposed the HIP-4 upgrade to expand from perpetual futures into a broader, permissionless infrastructure layer for on-chain applications, requiring deployers to stake 500,000 HYPE to launch new markets. This shift aims to enable developers to build on its platform, a strategy backed by growing long-term investor conviction. Evidence includes a major trader staking millions in HYPE instead of taking profits, with total staked tokens reaching 43.9% of the supply, reducing available tokens and strengthening network security. Market metrics like high open interest and balanced funding rates suggest measured, non-speculative trader positioning. Sustained growth in protocol revenue, TVL, and governance participation further supports the positive outlook, contingent on continued user adoption and successful upgrade execution.

ambcrypto07/22 04:32

Hyperliquid’s HIP-4 proposal fuels HYPE staking as long-term conviction grows

ambcrypto07/22 04:32

Hyperliquid Introduces HIP-4 Upgrade as Prediction Market Demand Surges

Hyperliquid announced its HIP-4 upgrade to democratize the creation of on-chain prediction markets by allowing permissionless deployment, moving away from validator-only control. Validators will vote on precise outcome templates, which qualified community deployers can then use to create their own event markets. To ensure proper settlement, deployers must stake 500,000 HYPE tokens for six months, with validators slashing these assets for failures or early exits. Despite this significant technical development, the HYPE token price saw a muted market reaction, trading around $60 with slight short-term declines. The initiative aligns with a surge in global prediction market activity, which reached a record $50.7 billion in nominal size in June, driven by major sporting events. Hyperliquid aims to position itself as a key player in this growing derivative sector.

TheNewsCrypto07/20 12:59

Hyperliquid Introduces HIP-4 Upgrade as Prediction Market Demand Surges

TheNewsCrypto07/20 12:59

HIP-4 Enables Permissionless Deployment, Can Hyperliquid Kill Polymarket?

Hyperliquid announced that its HIP-4 prediction markets will soon support permissionless deployments, similar to its successful HIP-3 model for perpetual contracts. This move aims to ignite growth in its underperforming prediction market segment by allowing third parties to create their own prediction markets upon staking 500,000 HYPE (worth approximately $30 million), with the potential to earn up to 50% fee shares. While this strategy mirrors the approach that propelled HIP-3 and platforms like Trade.xyz to dominance in tokenized trading, the article raises significant challenges for HIP-4. Its current performance is weak, with only $216 million in total volume over three months—pales in comparison to Polymarket's $4.6 billion monthly volume. The high staking barrier may exclude smaller teams, potentially limiting innovation and event diversity. Furthermore, Hyperliquid missed the crucial timing window of the 2026 World Cup, a major catalyst for prediction market activity, which competitors like Polymarket capitalized on heavily. The success of HIP-3 was partly due to perfect timing, such as during the U.S.-Iran conflict when traditional markets were closed. Without a similar catalytic event and facing an established leader like Polymarket, it remains uncertain whether Hyperliquid's "decentralized" strategy can successfully disrupt the prediction market landscape.

marsbit07/20 12:01

HIP-4 Enables Permissionless Deployment, Can Hyperliquid Kill Polymarket?

marsbit07/20 12:01

HIP-4 Opens Permissionless Deployment: Can Hyperliquid Kill Polymarket?

Hyperliquid recently announced that HIP-4 will soon support permissionless deployments, similar to its successful HIP-3 model for perpetual contracts. Deployers will need to stake 500,000 HYPE (locked for 6 months) and can earn up to 50% fee share from their created markets. This move aims to replicate the "decentralized" growth strategy that propelled Hyperliquid to leadership in tokenized stocks and commodities. However, HIP-4's initial performance in the prediction market sector has been weak, with only $216M in total volume over three months and a handful of active markets. This pales in comparison to leader Polymarket, which saw $4.587B in volume last month alone. The high staking requirement—valued at around $30 million—could exclude smaller teams, potentially limiting innovation and competition. The article questions whether this strategy can succeed, noting that Hyperliquid missed the crucial timing window of the recent World Cup, a major driver for prediction markets. While permissionless deployment could increase market variety and speed, the combination of high entry barriers and missed opportunities may hinder HIP-4's ability to challenge established players like Polymarket.

Odaily星球日报07/20 11:58

HIP-4 Opens Permissionless Deployment: Can Hyperliquid Kill Polymarket?

Odaily星球日报07/20 11:58

Hyperliquid First Discloses HIP-4 Permissionless Deployment Specifications: Threshold Aligns with HIP-3, but Adds a Template Approval Layer

Hyperliquid founder Jeff Yan announced plans for permissionless deployment of HIP-4 outcome markets in a future network upgrade, moving from testnet to mainnet. This follows the initial, validator-voted deployment phase on mainnet that began in May. The announcement details key mechanisms for the permissionless phase. The staking requirement is set at 500,000 HYPE (locked for 6 months), matching HIP-3. A core new feature is a "template system": validators will vote on and store standardized market templates on-chain, and deployers can only create markets by instantiating these pre-approved templates. This aims to ensure market quality and clarity. Deployers will also have an initial quota of 100 outcomes (200 tokens), which refreshes after settlements. The reasoning for permissionless deployment is the vast potential universe of tradable events for prediction markets, which far exceeds the finite assets available for perpetual contracts. While HIP-4 has seen $370M in volume over 78 days, its market share remains small compared to established players. The model mirrors HIP-3's successful expansion of perpetual contracts after opening deployment. Rules include slashing stakes for unclear definitions or incorrect/delayed settlements. This incentivizes short-duration markets, as long-term settlements would lock capital and quota for extended periods. The template system addresses definition clarity but does not prevent potential liquidity fragmentation or market concentration, as seen in HIP-3 where a single deployer dominates most activity.

Foresight News07/20 09:34

Hyperliquid First Discloses HIP-4 Permissionless Deployment Specifications: Threshold Aligns with HIP-3, but Adds a Template Approval Layer

Foresight News07/20 09:34

Galaxy Deep Dive: How Does Hyperliquid's HIP-4 Upgrade Change the Predictive Markets Landscape?

Galaxy Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Prediction Market Landscape. Hyperliquid's HIP-4 protocol upgrade, activated on May 2, introduces a third model for prediction markets. While incumbents like Polymarket focus on consumer discovery and Kalshi on regulated US access, HIP-4 integrates outcome markets directly into Hyperliquid's "house of all finance." This embeds binary event contracts within HyperCore, its native on-chain order book, sharing a single margin account with perpetual and spot trading. HIP-4 offers distinct advantages: superior infrastructure with sub-second finality, ~200k orders/sec throughput, and unified cross-margin, enabling novel hedges for perpetual traders. It also features a unique validator-curated oracle model for off-chain events (e.g., Fed decisions, CPI, sports) and zero fees on opening positions. Early traction shows HIP-4 capturing ~20% of combined BTC prediction market volume within 25 days. The report highlights a broader industry trend of convergence: all major platforms are moving towards a "trade everything from one account" model. HIP-4's challenge lies in expanding market breadth and consumer discovery, currently lagging behind Polymarket's flexible UMA oracle/Kalshi's sports depth. Key risks include validator centralization, US regulatory exposure (mitigated by potential pathways like the CLARITY Act), and competitive pressure from Kalshi's newly CFTC-approved Bitcoin perpetual contract. Ultimately, HIP-4's strongest case is its technically superior, unified execution stack—a harder advantage for competitors to replicate than building consumer layers atop it. The upgrade positions Hyperliquid to contest the lucrative institutional hedging flow in the evolving prediction market arena.

marsbit06/10 05:12

Galaxy Deep Dive: How Does Hyperliquid's HIP-4 Upgrade Change the Predictive Markets Landscape?

marsbit06/10 05:12

Galaxy In-Depth Report: How Does Hyperliquid's HIP-4 Upgrade Change the Prediction Market Landscape?

Galaxy Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Prediction Market Landscape Hyperliquid's HIP-4 upgrade, activated on May 2, introduces a third model for prediction markets. It integrates outcome-based contracts directly into HyperCore, Hyperliquid's native trading engine, creating a "house of all finance" where users can trade perpetuals, spot, and event outcomes from a single unified margin account. HIP-4 offers fully collateralized binary instruments that settle to 0 or 1 based on real-world events. Initial markets include daily BTC price thresholds and later expanded to validator-curated "canonical markets" for events like the Fed's June rate decision and May CPI data. The proposal requires no fees to open positions, charging only on close or settlement. Compared to incumbents, HIP-4's key advantage is its high-performance, on-chain infrastructure, offering sub-second finality and unified cross-margin with other products. Polymarket leads in consumer UX and long-tail market breadth via UMA's oracle, while Kalshi leads in US regulatory access and sports-focused depth. HIP-4 initially lags in consumer discovery, relying on third-party frontends. The report highlights a broader industry trend of convergence: all major platforms are moving toward a "trade everything" model. HIP-4 adds prediction markets to a perpetuals platform, while Kalshi and Polymarket are building perpetuals on their prediction markets. Key risks for HIP-4 include limited initial market breadth due to its validator-curated oracle model, the consumer discovery gap, validator centralization, and regulatory uncertainty. However, the passing of the CLARITY Act in a Senate committee offers a potential path to US regulatory clarity. Despite early-stage limitations, HIP-4 captured 20.1% of combined BTC prediction market volume within 25 days of launch. Its integrated tech stack and rapid execution present a strong case as the prediction market landscape evolves toward unified, multi-asset trading venues.

链捕手06/10 04:45

Galaxy In-Depth Report: How Does Hyperliquid's HIP-4 Upgrade Change the Prediction Market Landscape?

链捕手06/10 04:45

Hyperliquid's Monthly Trading Volume of $225 Billion: How Will HIP-4 Ignite the Prediction Market?

Hyperliquid processed over $225 billion in monthly trading volume in January 2026, while the entire prediction market sector handled around $23 billion. The introduction of HIP-4 aims to integrate outcome contracts—binary event-based derivatives—into the same margin framework as perpetual futures, enabling shared collateral and unified risk management. This integration allows traders to manage event exposure alongside perpetual positions within a single portfolio, improving capital efficiency and enabling sophisticated strategies like hedging and volatility trading. As a result, prediction markets could see significant volume growth: conservative estimates project $28 billion in monthly trading, with medium and strong adoption scenarios reaching $33 billion and over $40 billion, respectively. By merging event-driven contracts with core derivatives infrastructure, HIP-4 transforms prediction markets from isolated betting platforms into integral components of broader crypto trading strategies, potentially unlocking billions in new activity.

marsbit02/05 08:28

Hyperliquid's Monthly Trading Volume of $225 Billion: How Will HIP-4 Ignite the Prediction Market?

marsbit02/05 08:28

Inside Hyperliquid’s move to an ‘everything exchange’ with HIP-4 rollout

Hyperliquid's HYPE token has shown resilience amid a market downturn, largely due to the platform's strong traction. Its recent success with equity perpetuals (HIP-3) boosted its market dominance to 33%. Now, with the rollout of HIP-4, Hyperliquid is introducing native prediction markets and options trading, strictly denominated in its USDH stablecoin to keep fees within the ecosystem. This move is seen as a step towards becoming an 'everything exchange.' Real-World Assets (RWA), including tokenized stocks and ETFs, have grown to 0% of its open interest and may reach 50%. Following the HIP-4 news, HYPE's price rallied 20%, with potential to target $35–$38 if it holds above key resistance.

ambcrypto02/03 15:01

Inside Hyperliquid’s move to an ‘everything exchange’ with HIP-4 rollout

ambcrypto02/03 15:01

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