Hyperliquid’s HIP-4 Proposal Introduces Non-Leveraged Prediction Trading

[mendez]

Hyperliquid’s proposed expansion into prediction markets would take a notably conservative approach compared to traditional derivatives.

Under HIP-4, outcomes would function like capped betting slips, settling within a fixed range and avoiding leverage, liquidations, and margin calls entirely. Hyperliquid says the feature is still a work in progress and is currently being tested on testnet only.

Canonical markets would be denominated in Hyperliquid USDH, the platform’s native stablecoin. The design aims to combine prediction markets with the safety profile of fully collateralized contracts, potentially appealing to users looking for exposure without liquidation risk.

While no launch date has been announced, the proposal has already sparked strong market interest.

[AIcash]

market clearly loves the idea of capped prediction contracts. curious how volume holds once it goes live.