{"id":889676,"date":"2026-02-02T23:12:23","date_gmt":"2026-02-03T05:12:23","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/02\/02\/hyperliquid-moves-toward-prediction-markets-with-new-proposal\/"},"modified":"2026-02-02T23:12:23","modified_gmt":"2026-02-03T05:12:23","slug":"hyperliquid-moves-toward-prediction-markets-with-new-proposal","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/02\/02\/hyperliquid-moves-toward-prediction-markets-with-new-proposal\/","title":{"rendered":"Hyperliquid Moves Toward Prediction Markets With New Proposal"},"content":{"rendered":"<div>\n<div>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/Cropped_Image-1-150x150.png\" alt>\n                    <\/p>\n<p>Crypto Reporter<\/p>\n<div>\n<p>Shalini Nagarajan<\/p>\n<div>\n<div>\n<p><img decoding=\"async\" src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2024\/01\/Cropped_Image-1-150x150.png\" alt>\n                <\/p>\n<div>\n<div>\n<p>Crypto Reporter<\/p>\n<p><span>Shalini Nagarajan<\/span><span class><img decoding=\"async\" src=\"https:\/\/cryptonews.com\/wp-content\/themes\/cryptonews\/images\/verification.svg\" alt=\"Verified\"><\/span>\n                    <\/p>\n<\/p><\/div>\n<div>\n<p>Part of the Team Since<\/p>\n<p>Jan 2024<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<p>About Author<\/p>\n<p>Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<div>\n<p>Last updated:\u00a0<\/p>\n<p><time datetime=\"2026-02-03T02:45:12+00:00\">February 3, 2026<\/time>\n        <\/p>\n<\/p><\/div>\n<\/div>\n<p><img loading=\"lazy\" width=\"1200\" height=\"800\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2026\/02\/03024138\/1770086498-chatgpt-image-feb-3-2026-08_10_42-am_optimized.jpg\" alt=\"Hyperliquid\" decoding=\"async\"  ><\/p>\n<p>Hyperliquid is laying the groundwork to enter prediction markets, pitching a new product called outcome trading that it says could open the door to event-based contracts without the leverage and liquidation mechanics that dominate crypto derivatives.<\/p>\n<p>In an <a href=\"https:\/\/x.com\/HyperliquidX\/status\/2018327360723202167\" target=\"_blank\">X post<\/a> on Monday, Hyperliquid said its core engine HyperCore will support outcome trading under a proposal known as HIP-4, framing outcomes as fully collateralized contracts that settle within a fixed range and can power prediction markets as well as bounded options-style trades.<\/p>\n<p>Hyperliquid said outcomes aim to add non-linearity and dated contracts while offering a form of derivatives trading that does not rely on leverage or liquidations. <\/p>\n<h2>Testnet Phase Sets Stage For Broader Deployment<\/h2>\n<p>It also positioned the feature as a building block that can work alongside portfolio margin and HyperEVM, signalling a push to widen what developers can build on top of its stack.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">HyperCore will support outcome trading (HIP-4). Outcomes are fully collateralized contracts that settle within a fixed range. They are a general-purpose primitive that are useful for applications such as prediction markets and bounded options-like instruments. There has been\u2026<\/p>\n<p>\u2014 Hyperliquid (@HyperliquidX) <a href=\"https:\/\/twitter.com\/HyperliquidX\/status\/2018327360723202167?ref_src=twsrc%5Etfw\" target=\"_blank\">February 2, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>For now, the company said the feature remains in testnet, with canonical markets planned after technical work wraps up. <\/p>\n<p>Hyperliquid added that those initial markets will rely on objective settlement sources, be denominated in USDH, and may later expand to permissionless deployment depending on user feedback.<\/p>\n<h2>CFTC Signals Fresh Framework For Prediction Markets<\/h2>\n<p>The timing matters because prediction markets are moving from the fringe to the regulatory agenda. <a href=\"https:\/\/cryptonews.com\/news\/cftc-flags-rulemaking-polymarket-kalshi-prediction-markets\/\">Commodity Futures Trading Commission chairman Michael Selig said last week the agency is preparing a new rulebook <\/a>for prediction markets, as platforms such as Polymarket and Kalshi draw billions in activity by letting users trade yes or no outcomes across politics, pop culture, and more.<\/p>\n<p>That regulatory shift is already reshaping the competitive landscape. <a href=\"https:\/\/cryptonews.com\/news\/polymarkets-u-s-comeback-positions-prediction-markets-as-a-coinbase-retention-play-analyst\/\">Polymarket has re-entered the US market<\/a> after receiving approval from the CFTC through an Amended Order of Designation, a move that could make event contracts a new engagement tool for major crypto platforms such as Coinbase, according to a Clear Street report by analyst Owen Lau.<\/p>\n<p>Polymarket, which had been restricted from serving US customers since 2022, has launched a US-based application that starts with a limited set of sports-focused event contracts, with categories such as politics and crypto expected to follow over time.<\/p>\n<p>Hyperliquid\u2019s proposal reads as an attempt to meet that moment with infrastructure first, aiming to give traders and builders a simpler, fully collateralized way to express views on outcomes while regulators and platforms spar over where prediction markets fit inside existing rules.<\/p>\n<p>If HIP-4 moves from testnet to production, it would place Hyperliquid more directly in the widening race to package prediction markets as a mainstream crypto product, just as policy scrutiny and consumer demand start pulling the space in the same direction.<\/p>\n<p>\n                                    <a href=\"https:\/\/news.google.com\/publications\/CAAqKQgKIiNDQklTRkFnTWFoQUtEbU55ZVhCMGIyNWxkM011WTI5dEtBQVAB?ceid=US:en&#038;oc=3\" target=\"_blank\"><\/p>\n<p>                            <svg width=\"20\" height=\"16\" viewBox=\"0 0 20 16\" fill=\"none\">\n                            <path d=\"M19.6 5.36C19.6 5.48 19.6 5.66 19.54 5.78L17.2 12.8V5.6C17.2 4.94 16.66 4.4 16 4.4H12.82L12.52 3.8L11.86 2.36L15.34 3.32L18.58 4.16C19.18 4.28 19.6 4.82 19.6 5.36Z\" fill=\"#FF4131\" 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Nagarajan Part of the Team Since Jan 2024 About Author Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector. Last updated:\u00a0 February 3, 2026 Hyperliquid is laying the groundwork to enter prediction markets, pitching a new product called<\/p>\n","protected":false},"author":1,"featured_media":889677,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142850,2150],"tags":[],"class_list":{"0":"post-889676","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hyperliquid","8":"category-moves"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/889676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=889676"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/889676\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/889677"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=889676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=889676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=889676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}