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Hyperliquid Launches Prediction Markets for Offchain Events

Cointelegraph
Decentralized exchange Hyperliquid has launched prediction markets for real-world events, expanding its platform beyond perpetual futures.

Summary

The decentralized exchange Hyperliquid has introduced canonical prediction markets for offchain events, integrating them into its existing trading stack. These markets, built on the HIP-4 standard and denominated in USDC, will initially cover economic data such as the Consumer Price Index and federal funds rate decisions. By allowing users to trade event outcomes alongside spot and perpetual futures, Hyperliquid is evolving into a comprehensive onchain financial "super-app," a move analysts believe is currently undervalued by the market.

(Source:Cointelegraph)