AI & Technology
Hyperliquid bets on prediction markets, HYPE token surges (Global)
HyperCore developers formally backed HIP-4, a governance proposal to add a new Outcomes product (bounded, non-levered outcome markets) to Hyperliquid, currently running on testnet and expected to settle in the protocol’s USDH stablecoin. The announcement coincided with a near 19.5% intraday jump in HYPE as markets priced in expanded product scope and a potential fee-to-buyback feedback loop that could boost token utility, though timing, liquidity provision, and regulatory treatment remain open risks.