hyper liquid token, $HYPEhas risen 10% prior to now 24 hours after the decentralized trade detailed HIP-4, a proposal to carry “end result” buying and selling to its platform.
The group mentioned the brand new contract sorts will assist prediction markets and option-style derivatives, each long-requested options.
“There may be widespread demand from customers in each of those areas, and builders will possible take into account new functions as effectively,” Hyperliquid wrote in a submit about X.
The end result is a completely collateralized contract that settles at a set worth inside a specified vary. They are going to introduce dated markets and non-linear payoffs to HyperLiquid’s system, which has beforehand centered on perpetual futures. In contrast to conventional leveraged derivatives, no margin buying and selling or threat clearing is required to attain outcomes.
Consequence Buying and selling will initially launch on testnet and will likely be deployed to mainnet as soon as technical growth is full. HyperLiquid plans to attend for person suggestions and begin with a choose set of markets earlier than probably opening up the system to unauthorized listings, the corporate mentioned.
$HYPE It has gained momentum over the previous month with the arrival of the trade’s permissionless market, the place anybody can create a marketplace for belongings equivalent to cryptocurrencies, shares, and gold by staking $500,000. $HYPE The token exploded to document highs. The token has gained 33% over the previous month.
