Hyperliquid Opens Permissionless Prediction Market Deployment, Requires 500,000 HYPE Stake
2026-07-20 12:00
Odaily, Odaily Planet Daily News: Hyperliquid will open permissionless prediction market deployment in a subsequent enhancement following the HIP-4 upgrade, allowing anyone to create prediction markets on the platform. This feature will first launch on the testnet, followed by the mainnet; currently, related markets are entirely controlled by validators.
Hyperliquid stated that ideally, fewer than 10 validator-operated markets will be available annually, with the remaining markets opened to external deployers. Deploying a market requires staking 500,000 HYPE, worth approximately $30 million; if validators determine that a market is poorly defined or incorrectly settled, the staked assets may be slashed. Deployers can receive up to 50% of the trading fees generated by their market.
Hyperliquid stated that ideally, fewer than 10 validator-operated markets will be available annually, with the remaining markets opened to external deployers. Deploying a market requires staking 500,000 HYPE, worth approximately $30 million; if validators determine that a market is poorly defined or incorrectly settled, the staked assets may be slashed. Deployers can receive up to 50% of the trading fees generated by their market.
