📰 [Official Entry: Hyperliquid launches its first HIP-4 binary prediction market contract, boldly competing with industry leaders Polymarket and Kalshi]

BlockBeats reports that on May 2nd, according to Hyperliquid's official page, it has launched its first HIP-4 binary prediction market contract "Will Bitcoin's price be above $78,213 at 2 PM on May 3rd?" According to the official HIP-4 proposal, the result contract uses a full collateralization mechanism, fundamentally eliminating liquidation risk; its nonlinear settlement method offers users flexibility similar to options, expanding strategic possibilities; at the same time, it is natively integrated into the HyperCore chain, compatible with the platform's spot and perpetual markets...

Brothers, Hyperliquid's move is pretty aggressive. Going straight into binary prediction markets to compete head-to-head with Polymarket and Kalshi, clearly aiming to turn on-chain gambling into the highest level. Full collateralization, no liquidation risk, and playable as options—this move is truly clever.

But don’t rush in just yet; first, see if BTC can hold above the $78,213 level. The market sentiment is like a roller coaster right now, don’t end up as cannon fodder for the whales without making any profit. Remember, surviving in the crypto world is more important than anything else. 👇👇👇👇👇