Validators have to run nodes and act as news editors; Hyperliquid has combined oracles and governance. Starting with $12.8k, the market is still watching.

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BlockBeatNews
Hyperliquid announces the launch of an off-chain event prediction market contract
BlockBeats reports on May 26 that Hyperliquid now supports off-chain event-based standardized result markets, with automated news feed publishing operated by validators and participating in daily on-chain operations; validators will vote on listings and settlements, considering rules, outcomes, and market quality factors. The first off-chain event market, "U.S. May CPI Year-over-Year Increase," went live at 8:00 PM on May 25, with open contract positions totaling $12.8k, and a cumulative trading volume of $10.3k over nearly 12 hours.
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