Hyperliquid Sets 500,000 HYPE Stake for Permissionless Prediction Market Deployers
Arturo Añez.
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.
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.
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Sources
- — Hyperliquid sets 500,000 HYPE stake for permissionless prediction market deployers (opens in a new window)
- — Morning Minute: Hyperliquid Opens Prediction Markets to Anyone in HIP-4 Upgrade (opens in a new window)
- — Hyperliquid plans to add decentralized prediction markets in upgrade to HIP-4 (opens in a new window)
- — Hyperliquid’s HIP-4 to support permissionless deployment for outcome markets (opens in a new window)