Hyperliquid's first HIP-4 binary prediction market contract has surpassed $2.38 million in trading volume

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BlockBeats News, May 3rd, according to the official Hyperliquid page, its first HIP-4 binary prediction market contract “BTC above 78213 on May 3 at 2:00 PM?” (Will Bitcoin’s price be above $78,213 at 2:00 PM on May 3rd) launched at 4:00 PM on May 2nd, has an open interest of $1.82M, with a total trading volume of $2.38M after nearly 19 hours. The current probability is temporarily reported at 0.497.

According to the official HIP-4 proposal, Outcomes (result contracts) adopt a full collateralization mechanism, fundamentally eliminating liquidation risk; its nonlinear settlement method provides users with near-option-like flexibility, expanding strategic options; at the same time, it is natively integrated into the HyperCore chain, sharing full-margin collateral with the platform’s spot and perpetual contracts, enabling seamless liquidity flow and reuse.

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