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

BlockBeats News, May 3rd. According to the Hyperliquid official website, the first HIP-4 binary prediction market contract launched on May 2nd at 16:00 UTC, titled "BTC above 78213 on May 3 at 2:00 PM?", has reached open positions totaling $1.818 million. Within nearly 19 hours of launch, the total trading volume has reached $2.384 million. The current probability is reported to be 0.497.

Following the official HIP-4 proposal, the Outcomes contract adopts a full-collateralization mechanism, fundamentally eliminating the risk of liquidation. Its nonlinear settlement method brings users flexibility close to options, expanding the strategic landscape. Additionally, being natively integrated with the HyperCore chain, it shares cross-margin with the platform's spot and perpetual contracts, achieving seamless liquidity interoperability and reuse.