Hyperliquid has launched a new system where its 24 validators directly govern and settle prediction market contracts without relying on external oracles. This innovation removes dependencies on third-party data providers, reducing risks of manipulation or downtime that can disrupt market resolutions. The validators use automated newsfeeds to vote on outcomes, enabling fully collateralized, binary contracts that settle cleanly within the platform. This closed-loop approach contrasts with competitors like Polymarket and Kalshi, potentially offering more secure and efficient market resolution. The HYPE token has seen significant gains amid this update, reflecting strong market confidence.
In May 2026, Hyperliquid's token HYPE surged 55% due to three key events: a stablecoin deal (AQAv2) redirecting $80 million annual yield from Circle and Coinbase to HYPE holders, the launch of US spot ETFs by Bitwise and 21Shares, and the activation ...
Hyperliquid has expanded its HIP-4 market system to support prediction contracts based on offchain events like U.S. inflation and Federal Reserve decisions. Unlike competitors Polymarket and Kalshi, Hyperliquid uses validators to deploy and settle ma...
Hyperliquid has enabled borrowing of USDT stablecoin on its testnet, expanding its portfolio margin system beyond USDC. This allows traders to borrow USDT against their HYPE token collateral within a unified account for both spot and perpetual trades...
Hyperliquid, known for its decentralized perpetual futures platform with over $5.5 billion in total value locked, has introduced canonical prediction markets for real-world offchain events. These markets are resolved by automated software run by its ...
Privacy-focused cryptocurrencies Zcash and Monero dropped 5.2% and 4% respectively amid renewed Middle East tensions following US strikes on Iran. The pullback is seen as profit-taking after recent gains driven by institutional interest in privacy to...
