Hyperliquid's HIP-4 event contract reached 6.05 million transactions on the first day

Hyperliquid’s HIP-4 event contracts recorded a nominal trading volume of 6.05 million contracts on the first day, equivalent to over $6 million, according to FinanceFeeds.

This is the highest opening level ever for a product of this kind. HIP-4 is Hyperliquid’s original event contract standard, allowing the creation of fully collateralized event market contracts based on specific outcomes.

Data shows that the first-day trading volume of this product accounts for approximately 0.7% of the total trading volume on related prediction markets.

There are currently no additional details about the most traded specific markets on the first day, or the level of liquidity maintained after the launch phase.

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