Hyperliquid plans to require developers to stake 500,000 HYPE to deploy permissionless prediction markets under HIP-4, according to verified details of the upgrade.

500,000 HYPE

Required stake for deploying a permissionless prediction market.

The required stake of 500,000 HYPE is worth about $30.4 million, as reported by sources familiar with the matter.

Hyperliquid is opening prediction markets to anyone through the HIP-4 upgrade. Permissionless prediction markets will become available first on testnet and later on mainnet, according to the project's announcement.

HIP-4 deployers can take up to 50% fees on their validator-aligned markets, as per the upgrade's specifications.