{"id":418572,"date":"2026-02-03T04:57:27","date_gmt":"2026-02-02T23:27:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/hyperliquid-eyes-prediction-markets-with-outcome-trading-proposal-crypto-news\/"},"modified":"2026-02-03T06:14:17","modified_gmt":"2026-02-03T00:44:17","slug":"hyperliquid-eyes-prediction-markets-with-outcome-trading-proposal-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/hyperliquid-eyes-prediction-markets-with-outcome-trading-proposal-crypto-news\/","title":{"rendered":"Hyperliquid Eyes Prediction Markets With \u2018Outcome Trading\u2019 Proposal &#8211; Crypto News"},"content":{"rendered":"<div style=\"position:relative;overflow:visible;font-size:1.2em;line-height:1.58\">\n<div class=\"pt-8 pb-10 border-t border-b border-decryptGridline \">\n<h4 class=\"sc-b2a202e4-4 bNRGqr gg-dark:text-white\" color=\"#333\">In brief<\/h4>\n<ul>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Hyperliquid plans to introduce \u201coutcome trading,\u201d a fully collateralized framework that can support prediction markets and other derivatives.<\/li>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Interest in prediction markets has surged, with $12.4 billion in volume recorded last month.<\/li>\n<li class=\"font-meta-serif-pro font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">It comes amid growing regulatory action against prediction market platforms worldwide.<\/li>\n<\/ul>\n<\/div>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Hyperliquid is the latest crypto project setting its sights on prediction markets, announcing plans to roll out support for what it calls \u201coutcome trading,\u201d according to a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/HyperliquidX\/status\/2018327360723202167?s=20\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">tweet<\/a> posted Monday.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The feature will be introduced through Hyperliquid Improvement Proposal 4 (HIP-4), which would allow HyperCore, the protocol\u2019s core infrastructure, to support fully collateralized contracts that settle within a fixed range.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">\u201cThey are a general-purpose primitive that are useful for applications such as prediction markets and bounded options-like instruments,&#8221; it said, adding that it has seen &#8220;extensive user demand&#8221; in both areas, with &#8220;builders will likely think of novel applications as well.&#8221;<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/resources\/what-are-decentralized-prediction-markets-myriad-polymarket\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">Prediction markets<\/a> have seen a surge in activity, with $12.4 billion in trading volume recorded last month, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/dune.com\/queries\/6534228\/10334591\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\">data<\/a> from Dune, as traders increasingly turn to event-based markets spanning politics, sports, and culture.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">&#8220;Hyperliquid is about to grow the Prediction Markets TAM, which is great for the industry as a whole,&#8221; Farokh Sarmad, co-founder of Myriad, a prediction market owned by <i>Decrypt<\/i>&#8216;s parent company Dastan, said. &#8220;This should bring more attention, more users, and most importantly, allow us to approach prediction markets in ways we haven&#8217;t been able to before.&#8221;<\/p>\n<p><iframe loading=\"lazy\" style=\"border:0\" src=\"https:\/\/myriad.markets\/embed\/market\/who-airdrops-first\" width=\"100%\" height=\"415px\"><span data-mce-type=\"bookmark\" style=\"display:inline-block;width:0px;overflow:hidden;line-height:0\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The HIP-4 proposal itself was <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bedlamresear.ch\/posts\/hip-4-event-futures\/\" target=\"_blank\" rel=\"nofollow external noopener\" class=\"sc-adb616fe-0 bJsyml\">first published<\/a> in September last year. It promotes non-linear, dated contracts and an alternative form of derivatives trading that avoids leverage and liquidations, features that have become synonymous with high-risk crypto trading venues.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">&#8220;Outcomes&#8221; is still under development and is currently being rolled out on Hyperliquid\u2019s <span class=\"sc-5475d909-4 fBeAzA\">testnet<\/span>. According to the proposal, canonical markets will be deployed when technical work is complete, with contracts denominated in the protocol\u2019s USDH <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/?post_type=post&#038;p=5761\" target=\"_blank\" rel=\"noreferrer\" class=\"sc-adb616fe-0 bJsyml\"><span class=\"sc-5475d909-4 fBeAzA\">stablecoin<\/span><\/a>. \u201cPending user feedback, the infrastructure could later be extended to permissionless deployment,\u201d it added.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The announcement appears to have been welcomed by the market. Hyperliquid&#8217;s HYPE token is trading at $32.83, up more than 11% over the past 24 hours, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/hyperliquid\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">CoinGecko data<\/a>.<\/p>\n<h2 class=\"sc-b2a202e4-2 bmropA gg-dark:text-white scene:font-itc-avant-garde-gothic-pro scene:font-light\" style=\"margin-top:2em;text-align:left;padding-bottom:16px;margin-bottom:16px;border-bottom:1px solid #dfe2e4\" color=\"#333\">Prediction markets under scrutiny<\/h2>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Hyperliquid\u2019s move comes as prediction markets face mounting regulatory pressure.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">The scrutiny has intensified in recent weeks, particularly around sports and political markets.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Polymarket, one of the sector\u2019s most prominent platforms, has been <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/355144\/polymarket-banned-portugal-hungary-prediction-market-regulatory-pushback\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">hit with bans<\/a> and enforcement actions in multiple jurisdictions, including Hungary, Portugal, Nevada, and <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/354256\/tennessee-demands-polymarket-kalshi-crypto-com-end-sports-prediction-markets\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">Tennessee<\/a>, where regulators have ordered platforms to shut down and even refund wagers.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Central to the dispute is whether prediction markets should be treated as gambling sites or as financial venues offering so-called \u201cevent contracts.\u201d<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Despite the regulatory headwinds, major crypto firms continue to push into the space.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">Last week, Coinbase <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/decrypt.co\/356236\/coinbase-rolls-out-kalshi-powered-prediction-markets-across-united-states\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">rolled out<\/a> its own prediction market product to users across all 50 states, leveraging contracts from Kalshi.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">\u201cPrediction markets are the ultimate form of truth-seeking,\u201d Coinbase CEO Brian Armstrong <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/brian_armstrong\/status\/2016593041532870677\" target=\"_blank\" class=\"sc-adb616fe-0 bJsyml\">tweeted<\/a>.<\/p>\n<p class=\"font-meta-serif-pro scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-body gg-dark:text-neutral-100\">\u201cWhen there\u2019s skin in the game, the output is far more reliable,&#8221; he added. &#8220;Everything else is biased by someone\u2019s agenda. I think we\u2019ll look back at prediction markets as a breakthrough in how we discover truth in the world.\u201d<\/p>\n<div class=\"my-4 border-b border-decryptGridline\">\n<div class=\"text-start p-8 md:py-12 md:px-12 max-w-prose relative\"><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute top-4 left-4 md:top-6 md:left-6\"\/><span class=\"border-t-4 border-l-4 w-4 h-4 md:border-t-[6px] md:border-l-[6px] md:w-6 md:h-6 border-decryptPurple dark:border-decryptNeon gg-dark:border-cc-pink-2 absolute rotate-180 bottom-4 right-4 md:bottom-6 md:right-6\"\/><\/p>\n<h3 class=\"font-akzidenz-grotesk font-bold text-xl md:text-3xl md:text-center gg-dark:text-white\">Daily Debrief<!-- --> Newsletter<\/h3>\n<p>Start every day with the top news stories right now, plus original features, a podcast, videos and more.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In brief Hyperliquid plans to introduce \u201coutcome trading,\u201d a fully collateralized framework that can support prediction markets and other derivatives. Interest in prediction markets has surged, with $12.4 billion in volume recorded last month. It comes amid growing regulatory action against prediction market platforms worldwide. Hyperliquid is the latest crypto project setting its sights on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":418576,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-418572","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/418572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=418572"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/418572\/revisions"}],"predecessor-version":[{"id":418577,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/418572\/revisions\/418577"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/418576"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=418572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=418572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=418572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}