Hyperliquid is gearing up to situation Polymarket with a zero-fee introduction for lawsuit betting arsenic the $63 cardinal prediction marketplace assemblage continues to explode.
Apr 29, 2026, 3:49 p.m.
Hyperliquid has published the interest structure for its result tokens, the assets that underpin prediction market-style trading connected the platform, successful a motion that a mainnet motorboat is getting closer.
Prediction markets person go 1 of crypto's fastest-growing areas, with trading measurement surging more than 300% successful 2025 to $63.5 billion, and Hyperliquid is gathering the infrastructure to vie with incumbents specified arsenic Kalshi and Polymarket.
The cardinal item successful the operation is that opening a presumption costs nothing. Fees lone use erstwhile closing oregon settling a trade. The papers outlines six scenarios covering minting, trading, burning and settlement.
Traders utilizing Hyperliquid's "aligned punctuation tokens" get amended rates, with taker fees 20% little and shaper rebates 50% higher than standard. The afloat interest look has been published for developers.
The broader value is that HIP-4, the upgrade introducing result tokens, would fto users commercialized binary contracts connected real-world events alongside Hyperliquid's existing perpetuals and spot positions successful a azygous relationship arsenic it looks to vie with platforms similar Polymarket, which said earlier this week that perpetual trading is "coming soon."
Hyperliquid's erstwhile upgrade, HIP-3, which opened permissionless perpetuals to developers, has grown to much than 35% of each level trading measurement since its instauration successful October 2025.
Outcome tokens are presently connected testnet only. No mainnet day has been confirmed.

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