Interpreting the HIP-4 proposal: Hyperliquid is going to do prediction markets? The DEX giant's new business experience

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By David, TechFlow

Yesterday, Hyperliquid released a new proposal, HIP-4.

Amidst the bombardment of various live coins and buyback narratives, this proposal does not seem to have stimulated much discussion in the crypto community; However, upon closer examination of the proposal's content, we found that its content points to another hot narrative in the crypto market recently, the --- prediction market.

– At the heart of >

proposal is the launch of a new trading product called "Event Perpetuals".

In short, Hyperliquid wants to add binary prediction market functionality to its perpetual contract exchange. Users can bet on events such as "whether the Fed will raise interest rates" or "whether a token will be listed on Binance this month".

It is worth noting that Hyperliquid's proposal has an interesting lineup of writers: investors from Framework Ventures, team members from...

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