Hyperliquid opens permissionless prediction market deployment, requiring a 500,000 HYPE stake
2026-07-20 12:00
Odaily Planet Daily News Hyperliquid will open permissionless prediction market deployment in the subsequent enhancements 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, markets operated by validators will number fewer than 10 per year, with the remaining markets opened to external deployers. Deploying a market requires staking 500,000 HYPE, approximately $30 million; if validators determine that a market is poorly defined or the settlement is incorrect, the staked assets may be slashed. Deployers can receive up to 50% of the trading fees from that market.
Hyperliquid stated that, ideally, markets operated by validators will number fewer than 10 per year, with the remaining markets opened to external deployers. Deploying a market requires staking 500,000 HYPE, approximately $30 million; if validators determine that a market is poorly defined or the settlement is incorrect, the staked assets may be slashed. Deployers can receive up to 50% of the trading fees from that market.
