Home UncategorizedHYPE Rises 20% After Hyperliquid Backs Prediction Markets

HYPE Rises 20% After Hyperliquid Backs Prediction Markets

by Vivek Kumar
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HYPE Rises 20% After Hyperliquid Backs Prediction Markets

HYPE gained double digits on Monday after the team behind HyperCore, the core infrastructure powering Hyperliquid’s layer-1 network, said it will support the HIP-4 proposal to expand into prediction markets.

The integration would allow fully collateralized contracts on Hyperliquid, the largest decentralized perpetual futures crypto platform, enabling traders to wager on political elections, sports and other markets.

In an X post on Monday, Hyperliquid said the support was driven by “extensive user…

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