Hyperliquid Enhances Prediction Markets with Native Oracles in HIP-4 Update
— CryptoPolitan
Hyperliquid is enhancing prediction markets with native oracles and adopting USDC as its main liquidity source.
Hyperliquid is enhancing prediction markets with native oracles and adopting USDC as its main liquidity source in HIP-4.
- Hyperliquid will support canonical outcome markets based on off-chain events, with existing validators running software to automate newsfeeds.
- Unlike Polymarket, Hyperliquid will not rely on third-party oracles or outcome voting systems, with outcomes determined by its 24 validators.
- Initially focusing on crypto price movements, HIP-4 is expanding to macro outcomes, including predictions on Fed interest rates.
The addition of native oracles may enhance the reliability of Hyperliquid's prediction markets and support liquidity flows, encouraging more user engagement.