Hyperliquid, a decentralized exchange known for its perpetual futures trading, is expanding into prediction markets through an upgrade called HIP-4. The new feature will allow permissionless prediction markets, meaning users can create and participate in markets without gatekeeping or centralized approval. According to the announcement, the functionality will roll out first on testnet, giving developers and users an opportunity to trial the system before it reaches the live mainnet environment. The move positions Hyperliquid to compete in a growing sector where platforms let traders speculate on the outcomes of real-world events. By integrating prediction markets into its existing infrastructure, Hyperliquid aims to broaden its product offering and attract additional users. No specific launch date for the mainnet deployment was provided in the initial announcement, and further technical details are expected as testing progresses.
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