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

marsbitPublicado em 2026-07-21Última atualização em 2026-07-21

Resumo

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

Criptomoedas em alta

Perguntas 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).

Leituras Relacionadas

9.42 Million Retail Investors Compete for Changxin Technology, Who Got Allotted?

Evergreen Technology's IPO subscription results are now available. On July 20, the domestic memory chip giant announced the offline preliminary allotment results and online lottery results for its IPO. A total of approximately 9.43 million retail investors participated in the online subscription, generating 770,000 winning lots with a final winning rate of about 0.4714%, setting a record for new shares on the STAR Market. After triggering a clawback mechanism from institutional to retail investors, the online retail allocation was significantly increased to 3.851 billion shares. Simultaneously, 285 institutional investors participated in the offline subscription, ultimately receiving 2.173 billion shares at an allotment rate of approximately 0.1756%. Leading insurers and public funds were among the major recipients. Notably, Liang Wenfeng, founder of the major AI model company DeepSeek, through his quantitative investment firms Ningbo Huanfang Quantitative and Zhejiang Jiuzhang Asset, secured the largest share among private funds, with a total allotment worth approximately 175 million yuan. Estimates suggest potential profits could reach 730 million yuan if Evergreen Technology's market capitalization reaches 3 trillion yuan post-listing. The company is expected to list on July 27 and could become the highest-valued tech stock on the A-share market, with various brokerages providing valuations ranging from 1 trillion to over 4 trillion yuan. However, recent significant corrections in global tech stocks may impact its post-listing performance. (Character count: 1,196)

marsbitHá 55m

9.42 Million Retail Investors Compete for Changxin Technology, Who Got Allotted?

marsbitHá 55m

L2 'Recalibration': When L1 Becomes Its Own Rollup, What Is Ethereum's Endgame?

The article discusses the evolving relationship between Ethereum's Layer 1 (L1) and Layer 2 (L2) solutions, moving beyond the initial "L2 for scaling" model. As Ethereum L1 itself scales (increasing Gas Limit, statelessness, zkEVM), the unique value proposition of L2s shifts from merely providing cheap execution to offering differentiated features like application-specific optimization, privacy, and flexible governance. The piece explores three key themes: 1. **L2's New Role:** L2s are transitioning from a pure scaling technology to a spectrum of execution environments with varying degrees of security inheritance from Ethereum L1. 2. **Interoperability as State Trust:** Solving L2 fragmentation is less about cross-chain bridges and more about enabling faster, trust-minimized state verification between environments. This involves initiatives like faster L1 finality, intent-based architectures (Open Intents Framework), and native account abstraction. 3. **Blurring Layers:** With the potential integration of zk-proofs into L1 validation (making L1 akin to its own "Rollup") and the concept of "Native Rollups," the rigid boundary between L1 and L2 may fade. The future could be a unified system with multiple execution domains (for DeFi, gaming, privacy, etc.) sharing a common security, settlement, and state framework. In conclusion, Ethereum's goal is not to abandon L2s or re-centralize everything on L1, but to re-integrate the fragmented user experience—liquidity, accounts, applications—while preserving the scaling benefits of a multi-environment ecosystem. The endgame is a cohesive "one chain" feeling for users, powered by diverse but securely interconnected execution layers.

marsbitHá 1h

L2 'Recalibration': When L1 Becomes Its Own Rollup, What Is Ethereum's Endgame?

marsbitHá 1h

Trading

Spot

Artigos em Destaque

Como comprar HYPE

Bem-vindo à HTX.com!Tornámos a compra de Hyperliquid (HYPE) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Hyperliquid (HYPE) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Hyperliquid (HYPE)Depois de comprar o teu Hyperliquid (HYPE), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Hyperliquid (HYPE)Transaciona facilmente Hyperliquid (HYPE) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

331 Visualizações TotaisPublicado em {updateTime}Atualizado em 2026.06.02

Como comprar HYPE

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de HYPE (HYPE) são apresentadas abaixo.

活动图片