Hyperliquid Unveils HIP-4 Collateralized Result Trading on HyperCore Testnet
Hyperliquid’s Outcome Trading testnet under HIP-4 introduces fully funded event-based contracts, enhancing prediction market capabilities with fixed-range settlements and planned USDH-denominated markets.
HYPE
Fact Check
The statement is definitively supported by multiple high-authority primary sources. The official Hyperliquid X (Twitter) account, along with the personal accounts of its co-founders Daniel Tenreiro and Florian (nairolf), all announced the launch of HIP-4 outcome trading on the HyperCore testnet. These are the most credible sources possible for this information. The claim is further corroborated by secondary sources, including Wu Blockchain and CryptoDiffer, which consistently report the same information. There are no contradictions or conflicting evidence among the provided sources, all of which directly confirm every component of the statement.
Summary
Hyperliquid announced on Feb. 2 the launch of its Outcome Trading feature on the testnet as part of Hyperliquid Improvement Proposal 4 (HIP-4). The new format implements fully funded contracts for prediction markets and event-driven trading, with settlements occurring within predefined ranges to cap risk. These HIP-4 contracts are collateralized, ensuring payouts remain within preset boundaries. The initiative is currently in testing on the HyperCore platform, with plans to introduce USDH-denominated markets once development is complete.
Terms & Concepts
- HIP-4: A fully collateralized contract format with predefined settlement ranges, enabling structured trading in prediction markets and bounded options.
- Prediction Markets: Platforms where participants trade contracts based on the outcome of future events, using market prices as aggregated forecasts.
- Bounded Options: Options contracts where potential payouts are capped within fixed upper and lower settlement limits.