HYPE Jumps to 2-Month High as Hyperliquid’s New Proposal Opens Door to Prediction Markets

Hyperliquid's HYPE token soared implicit 20% to pb cryptocurrency gainers, arsenic the HyperCore squad announced enactment for HIP-4, a connection to present “outcome” trading.

This improvement marks a strategical determination for the decentralized perpetual futures platform, aiming to seizure a stock successful 1 of the fastest-growing sectors.

Market information showed that HYPE surged 22.39% implicit the past day, outperforming the broader market’s 3.6% summation implicit the aforesaid period. This made it the apical gainer among the 100 largest cryptocurrencies connected CoinGecko.

At property time, HYPE was trading astatine $37, marking its highest terms since precocious November 2025. Its trading measurement besides surged by much than 36% to astir $1 billion.

The terms rally comes amid the latest web developments. The HyperCore squad confirmed its enactment for HIP-4 connected February 2. HIP-4 introduces result trading, a caller benignant of declaration designed to beryllium afloat collateralized and to settee wrong fixed ranges.

This operation allows for a assortment of usage cases, including prediction markets and bounded options-style instruments. It’s worthy noting that portion result trading intimately overlaps with prediction markets, the 2 are not synonymous.

Prediction markets are a circumstantial signifier of result trading successful which participants commercialized contracts tied to aboriginal events, with prices reflecting the implied probability of each outcome.

Outcome trading is simply a broader conception that encompasses prediction markets alongside different event-based instruments, specified arsenic bounded options oregon structured result contracts. In short, each prediction markets autumn nether result trading, but not each result trading constitutes prediction markets

"There has been extended idiosyncratic request successful some of these areas, and builders volition apt deliberation of caller applications arsenic well," the squad wrote.

In opposition to accepted derivatives, outcome-based contracts bash not usage leverage oregon liquidation mechanisms. Instead, they present non-linear payoffs and dated contracts. According to the team,

"The result primitive expands the expressivity of HyperCore, portion composing with different primitives specified arsenic portfolio borderline and the HyperEVM."

The HIP-4 result trading diagnostic is presently unrecorded connected testnet. Once method enactment is finalized, the protocol plans to motorboat canonical markets that trust connected nonsubjective colony sources.

Canonical markets volition usage USDH, Hyperliquid’s autochthonal stablecoin. The squad added that, depending connected idiosyncratic feedback, the infrastructure could aboriginal beryllium opened to permissionless marketplace deployment.