Hyperliquid HIP-4 Event Contract Launched with 6.05 Million Trades on the First Day, Capturing Approximately 0.7% of the Prediction Market

BlockBeats News, May 4th, the decentralized exchange platform Hyperliquid has officially launched the HIP-4 Event Contract. On the first day of launch, the product's nominal trading volume reached 6.05 million contracts, accounting for approximately 0.7% of the daily prediction market volume.

For comparison, mainstream prediction market platforms still maintain a significant lead in daily trading volume: Kalshi with around 546 million contracts, Polymarket with around 190 million, Limitless with around 68.26 million, Crypto.com with around 28.2 million, Opinion with around 25.72 million, Predict.fun with around 11.8 million.

Data shows that although Hyperliquid entered the event contract field with a relatively small scale, it has already achieved a cold start trading volume, marking its formal entry into the prediction market competitive landscape. In the short term, top-tier platforms still hold an absolute liquidity advantage, and future growth will depend on product design and user migration capabilities.