Hyperliquid's first HIP-4 binary prediction market contract has exceeded a transaction volume of 2.38 million USD

By: rootdata|2026/05/03 11:50:06

According to the official Hyperliquid page, the first HIP-4 binary prediction market contract "BTC above 78213 on May 3 at 2:00 PM" (whether the Bitcoin price will be above $78,213 at 2:00 PM) launched on May 2 at 16:00 has an open contract position of $1.818 million, with a total trading volume of $2.384 million accumulated in nearly 19 hours, and the current probability is reported at 0.497.

According to the official HIP-4 proposal, the Outcomes (result contracts) adopt a fully collateralized mechanism, fundamentally eliminating the risk of liquidation; its nonlinear settlement method provides users with flexibility similar to options, expanding the strategy space; at the same time, it is natively integrated into the HyperCore chain, sharing full-margin collateral with the platform's spot and perpetual contracts, achieving seamless liquidity interconnection and reuse.

-- Price

OmenX aims to further push the prediction market experience towards a trading platform. Users can establish leveraged positions around event outcomes and make purchases, sales, and position adjustments before the event concludes, thereby expressing market views, managing risks, and participating in ...

Hyperliquid has stirred up Wall Street, with regulations uncertain and market makers fleeing first?

When Hyperliquid was still an experimental field, the benefits could be enjoyed at no cost, but once it began to intersect with traditional finance, Wall Street would inevitably push it into the regulatory game rules.

When Hyperliquid takes away Solana's "internet capital market" script

If Solana cannot regain its dominance in the derivatives space in the second half of 2026, it may still be an excellent Meme paradise, but it will only drift further away from the dream of "carrying global assets."

Dialogue with Lead Bank Founder Jackie: American Banks Re-embrace Crypto

Excellent crypto companies are not those that are "best at circumventing regulations," but those that are "best at evolving in collaboration with regulations."

Vitalik: What we need to do is not to fight against AI, but to create a sanctuary

What is truly scarce is not computing power, but people who are willing to think proactively and retain sovereignty.

Morning News | VanEck and Grayscale submitted BNB ETF amendments on the same day; BlackRock discusses investing billions of dollars in SpaceX's IPO; Michael Saylor releases Bitcoin Tracker information again

Overview of Important Market Events on May 17

Crypto ETF Weekly | Last week, the net outflow of Bitcoin spot ETFs in the United States was $995 million; the net outflow of Ethereum spot ETFs in the United States was $255 million

Avenir Group solidifies its position as the largest Bitcoin ETF institutional holder in Asia, ranking first in the region for eight consecutive seasons.

This Week's News Preview | The Federal Reserve Releases the Last FOMC Minutes of the "Powell Era"

Highlights of the week from May 18 to May 24.

Blockchain Capital Partner: Most people's understanding of on-chain economy is narrow

In the author's view, the most astonishing things in the blockchain space have yet to be created. Flash loans give us a glimpse, but this is just the tip of the iceberg.