# Hyperliquid Makes a Big Move in Prediction Markets With Permissionless HIP-4 HIP-4 allows users to bet on real-world events without permission. - **Source:** [Bitcoin News](https://brifing.si/source/d8aeaf1e-9839-4dad-9d25-7a6bf3fbeef8) - **Published:** 2026-07-20 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/61aff99d-db87-4edc-8e76-ea36f373c204 ## Hyperliquid's HIP-4 Move Hyperliquid announced the permissionless deployment of its outcome markets product, HIP-4. After testnet trials in 2026, users will be able to bet on real-world events. This move is seen as a sign of growth in the industry. ## Details of Permissionless Deployment HIP-4 enables users to bet on binary outcomes. Deployers must stake 500,000 HYPE, locked for six months. Validators will vote on templates and can slash stakes for poorly defined markets. ## Market Size Prediction markets are growing rapidly. Kalshi and Polymarket's combined trading volume reached $44.8 billion in June 2026. Hyperliquid is expanding its infrastructure to compete in this growing market. Users can trade using the same collateral pool. ## Role of Validators Validators will control market quality through a template system. Each template defines settlement criteria for a market category. Deployers can choose a template to build their market. Validators can slash stakes for poorly defined markets. ## Fee Structure and Stake Rules Deployers can set a fee share of up to 50% on their markets. Detailed fee configuration tools are not yet available. Stake rules require deployers to be cautious with long-term markets. ## Competition and Hyperliquid's Position Hyperliquid aims to secure a competitive position in the growing prediction markets. Leveraging its infrastructure and existing trading volume, it seeks to offer convenience to users. Permissionless deployment could diversify the market and strengthen Hyperliquid's influence. ## Sources covering this story - https://news.bitcoin.com/hyperliquid-bets-big-on-prediction-markets-with-permissionless-hip-4-push/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._